Latest in From Groceries to Cars, Tariffs Could Raise Prices for U.S. Consumers
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‘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 -
Uber and Lyft to offer driverless rideshare cars
Customers in Atlanta and Austin, Texas, will be able to hail one of these driverless rideshare cars via the Uber app.The Hill - Jan. 7 -
U.S. Envoy Says Israel Will Withdraw From Southern Lebanon
With the deadline looming for the terms of a fragile cease-fire between Israel and Hezbollah to be met, an American diplomat on Monday said “much progress” had been made recently.The New York Times - Jan. 6 -
Jim Cramer explores why consumer goods stocks are seeing losses
CNBC's Jim Cramer reviewed Monday's market action and gave his take on why a large swath of stocks are notching losses.CNBC - Jan. 6 -
U.S. transfers 11 Yemeni detainees from Guantanamo, leaving just 15 in custody
The U.S. has transferred from Guantanamo Bay's detention facility to Oman 11 Yemeni detainees who were never charged with crimes.CBS News - Jan. 6 -
U.S. records first death from bird flu amid growing concerns
A Louisiana patient hospitalized in critical condition with severe bird flu has died, the state health department said Monday, marking the first U.S. death due to the virus. The patient was older ...The Hill - Jan. 6 -
$119 billion of U.S. government debt to be issued this week, raising questions about demand
A total of $119 billion in U.S. government debt issuance is about to drop this week through Wednesday, pushed forward due to Thursday’s abbreviated session for bond traders as the country marks the ...MarketWatch - Jan. 6 -
Winter storm brings power outages, leaving consumers in the dark
Hundreds of thousands of households across southern and eastern U.S. states were without power Monday.CBS News - Jan. 6 -
LG rolls out new AI services to help consumers with daily tasks
LG kicked off the AI bandwagon today with a new set of AI services to help consumers in their daily tasks at home, in the car and in the office.VentureBeat - Jan. 6 -
Trump’s tariff plans could devolve into hostile trading blocs, this expert says
President-elect Donald Trump may try to use tariffs to increase U.S. power in the global economy, but they likely will backfire and damage the U.S. economy, said Maurice Obstfeld, the former chief ...MarketWatch - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
How Scammers Could Cheat NYC’s Congestion Pricing Tolls
Drivers who obscure their plates or otherwise circumvent paying tolls already cost the city’s mass transit system millions of dollars.The New York Times - Jan. 6 -
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Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.
The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.The New York Times - Jan. 5 -
Price transparency could be the healthcare win Trump wants (and America needs)
Americans nationwide have every reason to be optimistic that positive change is on the horizon for the nation’s healthcare system.The Hill - Jan. 5 -
From Trump tariffs to AI: the big economic questions facing governments in 2025
The main issues confronting policymakers around the world seem particularly portentous this new year. January is always a time for new beginnings and fresh thinking. But with Donald Trump heading ...The Guardian - Jan. 5