Inflation Expected to Rise on Tariff Impact
Containers and cranes at the South Florida Container Terminal at the Port of Miami. (Eva Marie Uzcategui/Bloomberg) Economists have long been warning of a tariff-driven boost to U.S. inflation. The next report on consumer prices will put their conviction to the test. After four months of overestimating readings on the ...more
Japan, US Start Tariff Talks Amid Reports on Cars
Toyota vehicles bound for shipment at the Port of Nagoya in Japan on April 29. (Toru Hanai/Bloomberg) Japan and the ...more
Hiring Slows, but Solid 139,000 Jobs Added in May
(Matt Rourke/AP/File) WASHINGTON — U.S. employers slowed hiring last month, but still added a solid 139,000 jobs amid uncertainty over ...more
Businesses Expect to Pass Along 50% of Tariffs, Survey Finds
Shoppers browse shirts at a clothing store in Atlanta. (Dustin Chambers/Bloomberg News) Business expect to pass through roughly half of ...more
Tesla’s EV Deliveries Dropping as Demand Erodes Sharply
New parked Tesla electric vehicles at a showroom in Marseille, France, on Feb. 6. (Jeremy Suyker/Bloomberg News) Wall Street is ...more
Walmart CFO Says Shoppers Remain Focused on Food, Essentials
A Walmart store in Texas. A large grocery business and reputation for low prices have helped the world’s largest retailer ...more
Kendra Tucker Exits as Truckstop CEO, Scott Moscrip Returns
“I’m honored to return and lead the company I founded during this pivotal time,” Moscrip said in a statement. (Truckstop) ...more