american consumer – Charm

What the Likely First Rate Cut of 2025 Means for Americans

America’s central bank is probably on the edge of its first rate cut of 2025. The Federal Reserve is meeting for the sixth time this year. At every previous meeting in 2025, they’ve opted to hold rates steady, but that’s set to change. Wednesday’s decision isn’t a sure thing, but CME FedWatch estimates a near-100%…

Secondhand Clothing Is in Fashion — and Trump’s Tariffs Are Helping

Cs news10 months ago10 months ago06 mins

As tariffs push the price of goods in the US higher, the secondhand clothing industry could reap the benefits. President Donald Trump first imposed a 10% tariff on Chinese goods in February. Since then, both countries have been stacking up retaliatory levies on each other. As it stands, the US tariff on goods imported from…