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Stagflation or Recession: With Tariffs on Pause, Is the Economy Really OK?
While recessions are cyclical, stagflation is a rare and complex phenomenon caused by a major supply shock to essential items like oil or food. When supplies are limited, prices go up at an abnormal ...
ConsumerAffairs8d
Tariffs begin to hit consumer wallets
Tariffs are already driving up prices on key goods such as electronics, home appliances, furniture, and auto parts, as import ...
Texas retailers say they'll pass tariff costs to consumers in new survey
Texas businesses are joined by global firms such as Adidas and Mattel, which have warned that American customers will face ...
JPMorgan investors look for clarity on tariff impact, succession plan
JPMorgan Chase investors will be keen to learn how the largest U.S. lender and the world's biggest economy are likely to be ...
ConsumerAffairs2d
US and China agree to temporarily reduce tariffs: What it means for consumers
The U.S. and China agreed to a 90-day reduction in tariffs—dropping U.S. tariffs on Chinese goods from 145% to 30%.  While ...
APEC Warns of US Tariff Impact on Trade as Members Seek Deals With US
On the sidelines of the gathering, U.S. Trade Representative Jamieson Greer is scheduled to hold a bilateral meeting with his ...
Fed's Goolsbee: Data still noisy as Fed waits to understand tariff impacts
Data showing temperate consumer inflation in April does not necessarily reflect the impact of rising U.S. import tariffs, ...