The U. S. economy is feeling a bit shaky, but that isn't stopping shoppers from gearing up for Black Friday. Even with worries about tariffs and a recent drop in consumer confidence, people are still ready to spend. Companies are feeling the pinch from tariffs on imported goods. Some have chosen to
Canada is taking action to shield its steel and lumber industries from the impact of U. S. tariffs. Prime Minister Mark Carney announced new measures to support these sectors, signaling that a trade deal with the U. S. may not be on the horizon. The new strategy includes a tariff on imported steel,
Prices are going up, and it's not just a small increase. They're climbing at a speed that's making life harder for many people. An expert in economics has pointed out that this affordability crisis could have been avoided. The expert shared some numbers that show how bad it is. In September, prices
Coffee lovers in the U. S. are feeling the pinch. Prices for ground coffee have shot up. In September, the average cost hit $9. 14 per pound. That's a 3% jump from August and a whopping 41% increase from September 2024. This trend isn't just about coffee. Overall food prices have also risen by 3% co
The US tariffs have been a big headache for global companies, costing them over $35 billion. But there's a silver lining: many are adjusting to the new reality and even lowering their initial cost estimates. The tariffs, which are at their highest since the 1930s, have caused a lot of uncertainty.
In the past half year, many people across the US have felt a significant impact on their daily lives due to rising prices and scarce goods. This is especially true for those with fixed or limited incomes. The situation has led to changes in shopping habits and lifestyle choices. For instance, a tea
People in the US are facing new problems when they buy things from other countries. This is because of changes in rules about taxes on imports, called tariffs. These changes are making it harder and more expensive to get packages from abroad. For example, someone in Alabama wanted to buy wine from
Home Depot's latest financial report shows a slight dip in earnings and revenue. The company made $4. 6 billion, which is a bit less than expected. Their sales also fell short, with $45. 2 billion in revenue compared to the predicted $45. 3 billion. Despite this, it's still an improvement from the f
Vegetable prices have been going up a lot lately. In July, the cost of vegetables for businesses shot up by 38%. That's a huge jump! Some people think this is because of new taxes on imports, called tariffs. But it's not that simple. There are many reasons why vegetable prices might be rising. Bad
In June, Americans kept their spending habits going strong, even as prices started to climb due to new tariffs. The Commerce Department shared that retail sales grew by 0. 6% from May, bouncing back from a big drop in May. Experts expected a much smaller increase, so this was a pleasant surprise. C
