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Trump's proposed tariffs could raise prices for consumers and slow spending
President-elect Donald Trump has proposed stiff tariffs on imported goods, which could lead to higher prices and softer spending.Business - CNBC - 6 hours ago -
Elon Musk, Trump allies say his tariff plans could cause short-term pain for consumers
Donald Trump has proposed universal tariffs, which Vice President Kamala Harris attacked, calling the proposal a "Trump sales tax" on American consumers.Business - CNBC - October 30 -
Trump's tariffs could trigger 'dramatic' price spikes on clothes, furniture, warns retail group
Vice President Kamala Harris has campaigned against Donald Trump's tariff proposals, calling them a sales tax on American consumers.Business - CNBC - 2 days ago -
Boeing machinists to vote on new proposal with 35% raises that could end strike
The IAM will vote Wednesday on the new proposal which includes 35% wage increases over four years, a higher signing bonus of $7,000 and more.Business - CNBC - October 21 -
Trump tariffs: These states would be hit hardest by proposed import taxes
Donald Trump’s most controversial economic-policy proposal is to institute a 10% tariff on all products and materials imported from abroad, a move that would upend decades of U.S. trade policy and ...Business - MarketWatch - October 18 -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - 6 days ago -
Trump win and threat of more tariffs raises expectations for more China stimulus
Donald Trump's presidential win has raised the bar for Beijing's fiscal stimulus plans, expected Friday.Business - CNBC - 49 minutes ago -
Trump vows to impose tariffs as experts warn of price hikes and angry allies
In often-combative conversation with Bloomberg editor in Chicago, Trump says ‘tariff’ is his favorite word. Donald Trump doubled down on his promise to levy tariffs on all imports in a bid to ...World - The Guardian - October 15 -
Businesses Ready Price Hikes on Imports to Offset Trump Tariff Costs
Many manufacturers and retailer relying on imports are already planning to pass on the added expenses from proposed protectionist duties to customers.Business - Inc. - 6 days ago -
How Trump’s Radical Tariff Plan Could Wreck Our Economy
There’s no upside to the former president’s pet economic plan.Top stories - The New York Times - October 17 -
Markets look past Trump tariffs, but they could be ‘life or death’ for some companies
Donald Trump’s most consistent policy commitment is to tariffs, or taxes paid by U.S. importers of foreign goods.Business - MarketWatch - 8 hours ago -
Retail Group Sees $78 Billion Spending Hit From Trump Tariff Plan
A National Retail Federation predicts a huge loss in consumer spending power under Trump, who also threatened Mexico and China with further tariffs over fentanyl flows to the U.S.Business - Inc. - Yesterday -
Trump’s Tariff Plan Would Upend Trade Flows, Raise Costs, Draw Retaliation
Visions of another trade war with China and a rise in inflation are only a few of the worries economic experts raise with the prospect of a second term for the GOP hopeful.Business - Inc. - 2 days ago -
Reeves hints UK will urge Trump not to raise tariffs as economists fear his policies will cut growth – UK politics live
Chancellor says UK’s trading relationship with US is ‘absolutely crucial’ and promises not to be a ‘passive actor’. Another Labour politician who has criticised Donald Trump strongly in the past ...World - The Guardian - 10 hours ago -
Interest rate cut hopes raised as wage growth slows
Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.Top stories - BBC News - October 15 -
UK house price growth slowed ahead of Budget
Rise in prices of just 0.1% between September and October fails to hit forecastsWorld - Financial Times - 5 days ago -
Trump's win could lead companies to push up prices. Here's why.
President-elect Donald Trump's vow to raise tariffs could have Americans paying more for goods, from toys to auto parts, experts say.Top stories - CBS News - 6 hours ago -
Hedge-fund manager who could be Trump Treasury secretary says tariffs can be negotiated lower
A hedge-fund manager who is reported to be in the running to be Treasury secretary if former President Donald Trump is re-elected said in an interview that a proposed across-the-board tariff rise — ...Business - MarketWatch - October 14 -
Here’s what can stall Trump’s tax and tariff plans
Surging 10-year Treasury yields could temper Trump administration plans that risk growing the large U.S. deficit.Business - MarketWatch - 10 hours ago -
Trump's big tariff plans
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story What Trump can do on tariffs without Congress Former President Trump is going all ...Politics - The Hill - October 25 -
Bracing for Trump's tariffs
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Businesses brace for new Trump tariffs Companies are preparing for a spate of new ...Politics - The Hill - October 30 -
Trump threatens Mexico with tariffs
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump threatens tariffs on Mexico over border crossings Former President Trump on ...Politics - The Hill - 2 days ago -
Forget betting on Trump vs. Harris. These people are wagering that Costco will raise the price of its $1.50 hot dog–and–soda deal.
Kalshi, a New York-based exchange platform, is letting traders predict what the future holds for the famed Costco combo.Business - MarketWatch - Yesterday -
U.S. economy grew 2.8% last quarter, powered by consumer spending
Consumer confidence soared in October, signaling that Americans may continue to open their wallets.Top stories - CBS News - October 30 -
US GDP rose at a 2.8% rate in third quarter on strong consumer spending
Final reading before presidential election was shy of expectations, but shows biggest economy is in robust healthBusiness - Financial Times - October 30 -
Uber shares slide on slowing bookings growth
Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimatesBusiness - Financial Times - 6 days ago -
How Trump Superfan Elon Musk’s Plan to Cut $2 Trillion in Spending Could Mean Economic Chaos
The GOP candidate has spoken of making the billionaire CEO in charge of a ‘Department of Efficiency,’ but experts warn those dramatic reductions could mean instability and turmoil.Business - Inc. - October 30 -
Hint of ‘very high’ consumer inflation expectations raises risks for Treasury market
Buried inside last Friday’s data from the University of Michigan was a shocking inflation outlook from a small segment of consumers — one that is causing some nervousness about whether ...Business - MarketWatch - October 14 -
Netflix's subscriber growth is slowing, but its profit and stock price are still surging
Netflix says its subscriber growth slowed dramatically during the summer, a sign that the huge gains from the video-streaming service’s crackdown on freeloading viewers is tapering offTech - ABC News - October 17 -
City of Troy pays price for slow start in Breeders’ Cup Classic
Aidan O’Brien’s colt trails in disappointing eighth place Race won by Sierra Leone, another Coolmore horse In racing, as in life, it is always a good idea to have a Plan B. City Of Troy’s ...World - The Guardian - 4 days ago -
Lower oil prices are good for consumers — but a bad sign for the global economy
A significant drop in oil prices may offer consumers reason to celebrate, but it also hints at an economic slowdown in China, the world’s second largest economy.Business - MarketWatch - October 16 -
Netflix raises prices as boost from password crackdown fades
The streaming giant will charge subscribers more in some countries to fuel growth.Top stories - BBC News - October 18 -
Election 2024: How Trump vs. Harris could shape taxes, home prices and grocery costs
Your guide to where the presidential candidates stand on key economic and money issues.Business - MarketWatch - 4 days ago -
United Airlines raises spending requirements to earn frequent flyer status
United Airlines customers will have to spend and fly more to earn elite benefits next year.Business - CNBC - October 30 -
United Airlines raises spending requirements to earn frequent flyer status
United Airlines customers will have to spend more to reach frequent flyer status next year, the latest move by the carrier to increase profits and give an exclusive feel to the increasingly crowded ...Top stories - NBC News - October 30 -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - October 30