Tariff
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Finance
Former Walmart U.S. CEO Bill Simon questions stock drop: ‘It was about as good of a quarter as any retailer could have in any environment’
Walmart‘s former U.S. CEO Bill Simon thinks Thursday’s stock drop is bizarre. The big-box retailer lifted its full-year sales and…
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Finance
Divided Fed worried about tariffs, inflation and the labor market, minutes show
Federal Reserve officials worried at their July meeting about the state of the labor market and inflation, though most agreed…
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Economy
As Trump berates Goldman, other economists agree that higher tariff inflation is coming
People shop for pet supplies at a pet retail store in New York City, Aug. 12, 2025. Spencer Platt |…
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Economy
Even with high tariffs, Trump’s trade war suddenly is starting to look not so scary on Wall Street
U.S. President Donald Trump talks to the media as he meets with British Prime Minister Keir Starmer (not pictured) at…
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Finance
‘This market is pricing in perfection,’ warns Verdence Capital CIO as tariff deadline looms
The market may be trading around record highs, but the Verdence Capital Advisors CIO is worried trouble is lurking. Megan…
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Economy
‘30% is untenable’: From Irish whiskey to Italian cheese, Trump’s tariff threat rattles EU exporters
June O’Connell, founder and director at Irish gin and whiskey-makers Skellig Six18 Distillery, said U.S. tariffs have hit her business…
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Economy
Inflation picks up again in June, rising at 2.7% annual rate
Consumer prices rose in June as President Donald Trump’s tariffs began to slowly work their way through the U.S. economy.…
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Economy
UK Finance Minister Rachel Reeves’ spending plans risk creating ‘a snowball effect’ that pushes borrowing costs higher
LONDON, UNITED KINGDOM – MARCH 26, 2025: Britain’s Chancellor of the Exchequer Rachel Reeves leaves 11 Downing Street ahead of…
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Finance
Here’s the inflation breakdown for May 2025 — in one chart
David Paul Morris/Bloomberg via Getty Images The annual inflation rate increased slightly in May as an uptick in grocery inflation…
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