Walmart has found itself in the middle of a clash with China after requesting its suppliers to absorb tariffs imposed by the U.S. government. According to reports, Walmart […]
Economy
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Tariffs Cause Market Meltdown, but Some Wealthy Individuals See Profit Opportunities
Tariffs have triggered a market meltdown, yet some individuals within the wealthy 1% perceive it as an opportunity to profit. Despite the economic challenges posed by tariffs, certain […]
Economy
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FTC Requests Delay of Amazon Trial Due to Staff Shortages
The US Federal Trade Commission (FTC) has requested a delay in the September trial against Amazon, citing significant resource shortages. During a hearing in Seattle, FTC attorney Jonathan […]
Economy
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American Eagle Warns of Slower Consumer Spending and Issues Weak Guidance
American Eagle informed investors that consumer spending is slowing down, marking a slower start to the year than anticipated. According to CEO Jay Schottenstein, “Entering 2025, the first […]
Economy
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EPA Administrator Announces Rollback of Environmental Regulations
In a significant move described as the “most consequential day of deregulation in American history,” the Environmental Protection Agency (EPA) Administrator, Lee Zeldin, announced the rollback of several […]
Economy
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U.S. Budget Deficit Surges in February, Reaching $1 Trillion Year-to-Date
The U.S. debt and deficit situation worsened during President Donald Trump’s first month in office, with February’s budget shortfall surpassing $1 trillion despite the fiscal year being less […]
Economy
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Trump’s Economic Policies Face Challenges Amid Market Uncertainty
Former President Donald Trump vowed to improve the economy from day one if elected. However, after his victory, he acknowledged the difficulty in reducing food costs. Seven weeks […]
Economy
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Egg Prices Surge Amidst Inflation Concerns
Egg prices have surged again in February, despite signs of relief on the horizon. While inflation appears to be easing, the cost of eggs remains a significant concern […]
Economy
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US consumer inflation moderates in February before impact of import tariffs
U.S. consumer prices increased moderately in February, with higher shelter costs partially offset by cheaper airline fares. This provided the Federal Reserve room to keep interest rates unchanged […]
Economy
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CEOs Mark Down Economic Outlook Amid Trump Volatility
Top CEOs have downgraded their economic outlook due to volatility caused by President Trump’s policies, particularly concerning tariff chaos. Even Trump’s own advisors are reportedly concerned about the […]