The US economy is feeling the pinch of trade tensions. Wholesale prices took a significant dip in April, marking the steepest drop since the COVID-19 pandemic hit. This decline is largely due to the impact of tariffs on profit margins, according to recent data. The Producer Price Index, a key
Retailers are urging shoppers to buy now before tariffs increase prices. This is a direct response to the trade war. Many brands are using this situation to their advantage. They are encouraging customers to stock up before prices go up. The trade war has caused a lot of uncertainty in the retail i
The latest numbers are in, and it looks like people in the U. S. had a bit more cash to spend in March 2025. Personal income saw a boost of $116. 8 billion, which is about a 0. 5% increase from the previous month. This means that after taxes, folks had around $102. 0 billion more to play with, and t
The U. S. economy faced a setback in the first quarter of 2025. The country's economic output shrank by 0. 3% when compared to the same period last year. This decline was the first since early 2022. Experts had anticipated a 0. 4% growth, following a 2. 4% increase in the last quarter of 2024. The s
Temu, a popular online shopping platform, has started adding import charges to its products. This means that items you buy might end up costing more than twice their original price. For instance, a summer dress that was $18. 47 now comes with an extra $26. 21 in import charges, making it $44. 68. Th
Tariffs are causing a stir in the business world. Many companies are feeling the heat as they try to figure out how these new taxes will affect their bottom line. The situation is fluid, with some tariffs still in place and others delayed while countries try to work out their differences. This uncer
In the first few months of 2025, Chipotle faced some tough times. The fast-casual giant saw a drop in sales at its existing stores. This was the first time this had happened since 2020. The company blamed a mix of factors. People were spending less, and bad weather didn't help either. As a result, t
There was a significant increase in retail sales in March. This jump was largely due to people buying cars before new tariffs took effect. The Commerce Department reported that spending at various outlets, including stores, restaurants, and car dealerships, rose by 1. 4% compared to February. This w
The month of March saw a notable increase in retail sales across the United States. This surge was largely due to consumers rushing to make purchases before significant tariff increases took effect. The Commerce Department reported a 1. 4% rise in retail sales from February to March, the highest mon
In March, Americans went on a shopping spree. They bought more goods than usual. This happened because people were worried about upcoming tariffs. These tariffs are taxes on imported goods. They make things more expensive. The U. S. government planned to put these tariffs on items from China, Canada
