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Walmart says it will raise prices due to tariff costs after posting solid first quarter sales

Walmart says it will raise prices due to tariff costs after posting solid first quarter sales

Walmart’s first quarter profit slipped and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump

By The Associated Press●
May 15, 2025 at 8:11 am CDT

Inflation cooled again last month as grocery and gas prices fell, few signs of tariff impact yet

Inflation cooled again last month as grocery and gas prices fell, few signs of tariff impact yet

Consumer prices rose 2.3% in April from a year ago, the Labor Department said Tuesday, down from 2.4% in March and the smallest increase in more than four years

By The Associated Press●
May 13, 2025 at 8:04 am CDT

Dow jumps nearly 1,000 and S&P 500 climbs 2.6% following a 90-day truce in the US-China trade war

Dow jumps nearly 1,000 and S&P 500 climbs 2.6% following a 90-day truce in the US-China trade war

U.S. stocks are leaping Monday after China and the United States announced a 90-day truce in their trade war.

By The Associated Press●
May 12, 2025 at 9:34 am CDT

US and China take a step back from sky-high tariffs and agree to pause for 90 days for more talks

US and China take a step back from sky-high tariffs and agree to pause for 90 days for more talks

U.S. Trade Representative Jamieson Greer said the U.S. agreed to drop its 145% tariff rate on Chinese goods by 115 percentage points to 30%, while China agreed to lower its rate on U.S. goods by the same amount to 10%

By The Associated Press●
May 12, 2025 at 6:59 am CDT

Trump floats cutting China tariffs to 80% ahead of meeting as he looks to deescalate trade war

Trump floats cutting China tariffs to 80% ahead of meeting as he looks to deescalate trade war

President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials as he looks to deescalate the trade war

By The Associated Press●
May 09, 2025 at 8:13 am CDT

Trump agrees to cut tariffs on UK autos, steel and aluminum in a planned trade deal with Britain

Trump agrees to cut tariffs on UK autos, steel and aluminum in a planned trade deal with Britain

President Donald Trump has agreed to cut tariffs on U.K. autos, steel and aluminum in a planned trade deal with Britain, which would buy more American beef and streamline its customs process for goods from the United States

By The Associated Press●
May 08, 2025 at 11:08 am CDT

Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment

Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher inflation have risen

By The Associated Press●
May 07, 2025 at 2:42 pm CDT

Disney parks thrive in second quarter and it adds 1.4 million new streaming subscribers

Disney parks thrive in second quarter and it adds 1.4 million new streaming subscribers

Disney posted solid profits and revenue in the second quarter as its domestic theme parks thrived and the company added well over a million subscribers to its streaming service

By The Associated Press●
May 07, 2025 at 7:45 am CDT

US stocks sink again as more companies detail damage they’re taking because of Trump’s trade war

US stocks sink again as more companies detail damage they’re taking because of Trump’s trade war

U.S. stocks closed lower Tuesday as quarterly results show more companies are scrubbing their forecasts for upcoming profits because of uncertainty created by President Donald Trump’s tariffs

By The Associated Press●
May 06, 2025 at 3:59 pm CDT

Employers added a surprising 177,000 jobs as job market shows resilience. Unemployment stays at 4.2%

Employers added a surprising 177,000 jobs as job market shows resilience. Unemployment stays at 4.2%

American employers added a better-than-expected 177,000 jobs in April as the job market showed resilience in the face of President Donald Trump’s trade wars

By The Associated Press●
May 02, 2025 at 8:26 am CDT
Apple posts stronger-than-expected Q2 results, says majority of US iPhones sold will come from India

Apple posts stronger-than-expected Q2 results, says majority of US iPhones sold will come from India

Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business

By The Associated Press●
May 01, 2025 at 7:15 pm CDT
General Motors trims 2025 guidance, anticipating potential $5 billion tariff impact

General Motors trims 2025 guidance, anticipating potential $5 billion tariff impact

General Motors is lowering its profit expectations for the year as the carmaker braces for a potential impact from auto tariffs as high as $5 billion in 2025

By The Associated Press●
May 01, 2025 at 8:04 am CDT

Latest News

1

Walmart says it will raise prices due to tariff costs after posting solid first quarter sales


2

Inflation cooled again last month as grocery and gas prices fell, few signs of tariff impact yet


3

Dow jumps nearly 1,000 and S&P 500 climbs 2.6% following a 90-day truce in the US-China trade war


4

US and China take a step back from sky-high tariffs and agree to pause for 90 days for more talks


5

Trump floats cutting China tariffs to 80% ahead of meeting as he looks to deescalate trade war


6

Trump agrees to cut tariffs on UK autos, steel and aluminum in a planned trade deal with Britain


7

Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment


8

Disney parks thrive in second quarter and it adds 1.4 million new streaming subscribers


More News

1

US stocks sink again as more companies detail damage they’re taking because of Trump’s trade war


2

Employers added a surprising 177,000 jobs as job market shows resilience. Unemployment stays at 4.2%


3

Apple posts stronger-than-expected Q2 results, says majority of US iPhones sold will come from India


4

General Motors trims 2025 guidance, anticipating potential $5 billion tariff impact


5

McDonald’s store traffic falls unexpectedly as diners grow uneasy about economy


6

U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt business


7

Trump’s tariffs loom over the economy as shipments from China fall


8

Tesla Q1 profit falls sharply as it fights backlash tied to Musk’s role in Trump administration


Copyright © 2023 Shaw Local News Network

Copyright © 2023 Shaw Local News Network

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