Target and Best Buy warn of price hikes from Trump's tariffs

Best Buy shares plunge as CEO warns price increases are 'highly likely' due to Trump tariffs

Best Buy beat Wall Street's fourth-quarter earnings and revenue estimates as the company's computing and phone sales increased.

CNBC - 5h

Trump Tariffs Rattle Border Businesses as They Hike Prices

Uncertainty and the threat of further disruption prompt big changes and plenty of worries at small companies that depend on cross-border business.

Inc. - 5h

Oil prices end lower on plans for OPEC+ output hike and Trump’s tariffs

Oil futures declined Monday after OPEC+ said it will boost output starting in April, and as President Donald Trump’s planned tariffs on imports from Canada and Mexico threatened to slow demand for ...

MarketWatch - 1d

Trump's new tariffs could hike car prices by $12,000, report says

Here's how new tariffs on Canada, Mexico and China could impact car prices for consumers, according to a new analysis.

CBS News - 22h

These products could see price hikes under Trump's new tariffs

Consumers are likely to face higher costs for some imported goods, experts say. Here's the potential impact on your wallet.

CBS News - 5h

Target warns Trump’s tariffs could cut into profits

Big-box US retailer says it expects ‘meaningful year-over-year profit pressure’ in first quarter

Financial Times - 10h

Best Buy CEO says tariffs make price increases for Americans highly likely

Tariff uncertainty is adding to the pressure on consumers caused by a long period of high inflation, sending the retailer’s stock toward its worst day in more than 3 years

MarketWatch - 1h

Trump's Mexico tariffs could raise produce prices in the next few days, Target CEO says

President Donald Trump's tariffs on Mexico could raise prices on strawberries, avocados and bananas, Target CEO Brian Cornell said.

CNBC - 8h

Target Reports Solid Holiday Quarter But Warns of Tariff Uncertainty Ahead

The retailer ended 2024 with a good holiday season, but warned of uncertainty ahead.

The New York Times - 9h

Tell ‘price walkers’ to take a hike

We know how this works: you sign up for a deal at a low teaser rate — when it’s time to renew, you’re on a contract with a much higher price

Financial Times - 6d

Trump puts tariffs on thousands of goods from Canada and Mexico, risking higher prices

President Donald Trump has moved forward with a plan to put sweeping tariffs on all goods coming into the United States from Canada and Mexico, threatening a trade war with its closest trading ...

NBC News - 8h

What will Starmer’s defence spending buy from Trump?

Plus: Amol & Nick talk tactics over PM-President meets & remember past awkward encounters.

BBC News - 5d

European stocks fall after Trump’s tariff warnings

US president has threatened 25% duties on EU imports as well as levies on other major trading partners

Financial Times - 5d

China vows to retaliate as necessary after Trump threatens another 10% tariff hike

China's statement on Friday appeared to strike a stronger tone than its response after Washington slapped the initial 10% duties earlier this month.

CNBC - 4d

Farms and Bakeries Hit by Egg Shortages and Price Hikes

Bare shelves in supermarkets and wholesalers, combined with double-digit price jumps, are pushing many food businesses to raise prices or change recipes.

Inc. - Feb. 19

How Target shoppers could be hurt by Trump’s tariffs in the ‘next couple of days’

Target’s already buying less from China, but tariffs haven’t had the impact that President Donald Trump wanted.

MarketWatch - 4h

BlackRock to buy Panama Canal ports after pressure from Trump

Deal worth $22.8bn involves sale of bulk of those owned by Hong Kong-based conglomerate CK Hutchison

Financial Times - 3h

China accuses US of 'blackmail' after Trump warns of increased tariffs

China’s officials condemned President Trump for his decision to add a 10 percent tariff on Chinese imports over the country’s alleged complicity in the international smuggling of fentanyl, a deadly ...

The Hill - 4d

Europe’s car suppliers warn they will be unable to absorb Trump tariffs

US shares in Valeo and Forvia fall sharply amid uncertainty over protectionist measures

Financial Times - 4d

Trump’s tariffs take effect: What prices are set to increase?

President Donald Trump’s sweeping tariffs on imports from Canada, Mexico and China took effect at midnight. Reporting for TODAY, NBC’s Christine Romans says it’s only a matter of time until ...

NBC News - 9h

How will Trump address rising prices as new tariffs take form?

President Trump's tariffs on goods from Canada, Mexico and China are bound to increase prices for Americans. CBS News' Weijia Jiang reports as Mr. Trump prepares to address both chambers of Congress.

CBS News - 1h

Best Hiking Boots (2025): Walking Shoes, Trails, Backpacking

From strenuous hikes and serious summits to weekend rambles in the park, these boots help you make the most of your time outdoors.

Wired - 8h

China likely to target US agriculture, state media reports, as Trump tariff deadline nears

Global Times signals Beijing’s likely countermeasure after US president threatened a further 10% duty to come into force on Tuesday. China is preparing countermeasures against fresh US import ...

The Guardian - 1d

Trump tariffs will raise gasoline and electricity prices in the U.S., Canada energy minister says

Canadian Energy Minister Jonathan Wilkinson said tariffs are a "lose, lose proposition" for the U.S. and Canada.

CNBC - 5h

What to know about home prices if you're looking to buy or sell

With spring selling season just around the corner, buyers may start to see a slight thaw of the real estate market. CBS News business analyst Jill Schlesinger explains.

CBS News - Feb. 25

Musk, tariffs and tensions - takeaways from Trump's first cabinet meeting

Trump covered a wide range of topics, ranging from efforts to cut government spending to immigration, the economy and Ukraine.

BBC News - 5d

U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts

Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.

The New York Times - 5d

Trump's tariffs draw vows of retaliation from Canada, China and Mexico

As Canada and Mexico make plans for reciprocal tariffs on U.S. goods, Canadian Prime Minister Justin Trudeau calls President Trump's move "a very dumb thing to do."

CBS News - 3h

James Landale: Will Starmer's defence hike win over Trump?

The prime minister has set out plans to increase defence spending to 2.5% of national income by 2027.

BBC News - Feb. 25

Insider Reveals Asking Price For Devils Top Trade Target

The New Jersey Devils have been connected to Montreal Canadiens forward Jake Evans throughout this season. It is not particularly surprising that the Devils are interested in him, as they need help ...

Yahoo Sports - 6d

Trump issues executive order reinforcing hospital price transparency rule from first term

President Trump on Wednesday signed an executive order designed to reinforce an older executive order issued during his first term that requires hospital to publish their prices online, a rule that ...

The Hill - 5d

Israel warns Hamas will pay "full price" for handover of wrong remains

Hamas is under pressure from Israel and the U.S. at a crucial time for the Gaza ceasefire as it claims it could have misidentified a hostage's remains.

CBS News - Feb. 21

We're lifting our price target on off-price retailer TJX after another strong quarter

The stock climbed more than 3%, to over $126 a share.

CNBC - 6d

What's the Best iPhone to Buy or Avoid Right Now? (2025)

The iPhone 16e is here. Here are all the details on Apple's current smartphone lineup to help you find the right model.

Wired - 4d

Why CFPB is being targeted by Trump

The fired head of the Consumer Financial Protection Bureau said he sees the attack against the agency as "suspicious."

CBS News - Feb. 23

Japan's inflation rate climbs to a 2-year high of 4% in January, supporting rate hike calls from BOJ members

Core inflation — which excludes prices of fresh food — rose to 3.2% from 3% in the prior month and beat economists' expectations of 3.1%, according to a Reuters poll.

CNBC - Feb. 21

Target’s Sales Forecast Is Down Thanks to Tariffs and a Customer Spending Slump

CEO Brian Cornell says that tariffs on imports from Mexico, Canada, and China could increase prices “over the next couple of days.”

Inc. - 4h

Consumers turn to buying or renting hens as egg prices soar, but it may not help you save

Amid the rising costs of eggs, some consumers are looking for alternatives. Across the country, some hatcheries said they're seeing more interest in buying chickens, but experts warn you may not ...

CBS News - Feb. 21

Could Ukraine's mineral wealth buy it U.S. protection from Russia?

The Trump administration is apparently nearing a deal with Ukraine that could grant the U.S. access to mineral resources in exchange for security guarantees.

CBS News - Feb. 25

Target and Best Buy warn of price hikes from Trump's tariffs

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