Latest in Barbie maker Mattel warns it could raise prices to mitigate tariffs
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Trump, the Deal Maker in Chief, Is Back
The business world is expecting big changes — and potential disruptions — as Donald Trump returns to the White House.The New York Times - Jan. 20 -
FTC sues PepsiCo, alleging price discrimination is raising costs for consumers
The Federal Trade Commission is suing PepsiCo for alleged price discrimination in the final days of the Biden administration.CNBC - Jan. 17 -
Gorsuch warns foreign adversaries could replace TikTok for surveillance
Supreme Court Justice Neil Gorsuch expressed concerns Friday that the divest-or-ban law targeting TikTok might not "achieve its goals." Gorsuch warned that foreign adversaries could ultimately turn ...The Hill - Jan. 17 -
Trump’s tariff plans could be harming his ‘animal spirit’ investors
The big unknown is how far Trump is prepared to go to win a trade war before it winds up crushing animal spirits.The Hill - Jan. 17 -
UK to raise price of travel permits for EU visitors by 60%
Increase aims to reduce reliance of migration and borders system on taxpayer funding, says Home OfficeFinancial Times - Jan. 17 -
Next boss warns first jobs could be harder to find after tax changes
Job prospects for younger workers are likely to be hit by Budget measures, Lord Wolfson tells the BBC.BBC News - Jan. 17 -
Microsoft raises price of consumer version of Microsoft 365 for first time in 12 years
In a blog post Thursday, Microsoft said it's increasing the price of its Microsoft 365 bundle for consumers by $3 a month.CNBC - Jan. 16 -
Trump tariffs on Canada could jeopardize oil and gas exports to U.S., says trade chief
President-elect Donald Trump's threatened tariffs could prompt Canada to pursue dollar-to-dollar retaliation or an export tax on oil and gas bound for the U.S.CNBC - Jan. 16 -
Trump Treasury Pick Scott Bessent Defends Plans to Cut Taxes and Raise Tariffs
Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.The New York Times - Jan. 16 -
Barbie doll of Aaliyah sells out on late R&B star's birthday
Interest in the Barbie doll of Aaliyah is truly “One in a Million” — and it shows, as the doll has already sold out.NBC News - Jan. 16 -
UPS could help end the ‘freight recession’ this year. It may have to raise prices first.
Analysts say deregulation, lower taxes under Trump could spur small-business investments and more shipments — but tariffs could weigh down volumes.MarketWatch - Jan. 16 -
Amid Warnings About Alcohol and Cancer, the N.A. Drinks Industry Could Get a Boost
The nonalcoholic beverage industry could get a boost from the surgeon general’s warnings linking alcohol to some cancers. But don’t expect the industry to condemn your glass of pinot.The New York Times - Jan. 16 -
Canada warns of ‘tit-for-tat’ tariffs on US if Trump imposes levies
Ottawa’s energy minister calls trade tensions a ‘distraction’ from China’s rising economic and military powerFinancial Times - Jan. 15 -
Defending Michigan’s Auto Industry, Whitmer Warns of Tariff Risks
Gov. Gretchen Whitmer addressed the Detroit Auto Show, saying that tariffs should not be used “to punish our closest trading partners,” like Canada.The New York Times - Jan. 15 -
Gilt investors warn Reeves she may need to raise taxes
Chancellor seeks to reassure bond market after UK borrowing costs rose to highest level since financial crisisFinancial Times - Jan. 15 -
Anysphere, a Maker of A.I. Coding Software, Raises $100 Million
The company’s Cursor product, which can autocomplete programming code, helped the start-up draw a $2.5 billion valuation.The New York Times - Jan. 14 -
Macy’s stock slides as retailer warns Q4 sales could be weaker than expected
Macy’s gave its fourth-quarter update just days after announcing a slate of store closures.MarketWatch - Jan. 13 -
The kindness of strangers: it was the jacket of my dreams – then he offered it to me at a price I could afford
The Australian dollar-to-euro exchange rate meant I’d be forking out over a week’s wages. Then the Paris shop owner said simply: ‘That jacket was meant for you’. Read more in the kindness of ...The Guardian - Jan. 13 -
LA officials warn of price gouging as those displaced by fire seek housing
County sheriff says anyone who tries to scam the thousands of people looking for accommodations will be prosecuted. Wildfires live updates Los Angeles authorities are warning against scams and ...The Guardian - Jan. 13 -
FEMA administrator warns winds could make wildfires 'dangerous and strong again’
FEMA Administrator Deanne Criswell on Sunday warned that winds could worsen the wildfires in the coming days, as she urged residents to heed public advisories to stay far away from their homes. ...The Hill - Jan. 12 -
Officials warn against price gouging, looting amid Los Angeles wildfires
California Attorney General Rob Bonta warned of bad actors who seek to use the trauma and chaos created by the wildfires in California for their own gain.CBS News - Jan. 11 -
Trump's plan for mass deportation could have a big effect on prices
Some experts say there is really nothing the government can do about high food prices.CNBC - Jan. 11 -
Why Trump’s tariffs may bring worse-than-expected price hikes to consumer electronics
As CES winds down in Las Vegas, one cloud hanging over the desert not often mentioned in all the coverage of newly unveiled gadgets was a prediction by the show’s host of how much prices for ...MarketWatch - Jan. 11 -
Threat of Trump tariffs adds to global economic uncertainty, IMF warns
Kristalina Georgieva says unpredictability of US trade policy is driving up borrowing costs around the worldFinancial Times - Jan. 10 -
TikTok warns it could ‘go dark’ as Supreme Court weighs divest-or-ban law
Justices question ByteDance-owned platform’s free-speech argument as it tries to halt looming deadlineFinancial Times - Jan. 10 -
Brompton chief warns axing tariffs on Chinese bicycles could ‘kill’ business
Flood of cheaper products could hit an industry already struggling with stagnant post-pandemic demandFinancial Times - Jan. 10 -
Ontario leader warns of ‘pain’ for US if Trump imposes tariffs on Canada
Premier of most populous province says rhetoric clouds trade relationship worth hundreds of billions of dollars. The United States will “feel pain” if Donald Trump doesn’t back down from his ...The Guardian - Jan. 10 -
U.N. Raises Global Growth Forecast, but Warns of Potential Inflation Risks
An increase in trade barriers would likely reignite price pressures, the organization says ahead of Trump’s plan to impose new tariffs.The Wall Street Journal - Jan. 9 -
UK charity that raised funds for Israeli soldier given warning
Regulator acts over complaints about fundraising activity as trustees fail to explain how IDF individual spent the donationFinancial Times - Jan. 9 -
Tesco and M&S warn of rising costs but pledge to minimise price increases
Shares in retailers fall despite positive Christmas tradingFinancial Times - Jan. 9 -
Here’s how Trump could impose tariffs on Denmark in a bid to control Greenland
President-elect Donald Trump Tuesday threatened to place new tariffs on imports from Denmark unless the country gives up control of Greenland, news that dented the stocks of some of Denmark’s most ...MarketWatch - Jan. 9 -
California rep warns Los Angeles fires could be 'worst disaster in California's history'
California Rep. Ami Bera (D) said the fires raging across parts of Los Angeles could be the state’s worst disaster in history. Bera joined NewsNation’s "The Hill" on Wednesday to discuss the ...The Hill - Jan. 9 -
Before Las Vegas, Intel Analysts Warned That Bomb Makers Were Turning to AI
Authorities say that before a Green Beret blew up a Cybertruck in front of the Trump International Hotel, he consulted ChatGPT—exactly the scenario police have been warned of for the past year.Wired - Jan. 8 -
Why eggs are nearly $9 a dozen in California — and when prices could drop
Egg prices at the grocery store shocked many consumers over the recent holiday season, and those prices are expected to continue to climb after an unanticipated spike in the number of bird flu ...MarketWatch - Jan. 8 -
Trump could declare national economic emergency to justify universal tariffs, CNN reports
The president-elect is looking at utilizing the International Economic Emergency Powers Act to implement his plan for tariffs on imports.CNBC - Jan. 8 -
Services index shows big jump in prices for December as companies fear tariffs
The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points or more than 10%.CNBC - Jan. 7 -
Consumers could face price rises of 20% in 2025, trade experts warn
Global instability and possibility of Trump administration imposing tariffs may disrupt flow of goods . The price of household staples including food and drink could climb by as much as 20% in 2025 ...The Guardian - Jan. 7 -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - Jan. 7 -
3 gold price scenarios that could occur in 2025
Gold prices could rise, stay stable or drop in the new year — depending on key factors. Here's what to consider.CBS News - Jan. 7 -
Nippon Steel chief warns Trump that tariffs alone will not strengthen US industry
Eiji Hashimoto says legal action against blocking of takeover aimed at winning another review under new administrationFinancial Times - Jan. 7