OMAHA, Neb. — Investor Warren Buffett told thousands of Berkshire Hathaway shareholders Saturday that the United States shouldn’t use “trade as a weapon” and anger the rest of the world like President Donald Trump has done with his tariffs that roiled global markets. What You Need To Know Investor Warren Buffett told thousands of Berkshire…
LOS ANGELES — Fashion industry experts say tariffs imposed on most imports from China will disproportionately affect the fashion industry — especially fast fashion — and they’re anticipating those higher costs will push consumers to shop secondhand. According to the Observatory of Economic Complexity, 98% of clothing in Americans’ closets is imported to the United…
Thought to be the only one of its kind in the country, a winemaker in Voorheesville is using a centuries-old recipe for wine made from the sap of birch trees. New York is known today for its production of grapes and apples, however, that wasn’t always the case. John Sheehan, owner of Meadowdale Winery, said…
Tariffs seem to be the economic weapon of choice for the Trump administration. Now, they’re taking aim at the auto industry. A 25% tariff is set to go into effect on all imported cars and car parts. The goal is to get manufacturing back within U.S. borders and support American jobs. It’s estimated about half of all cars…
HARRISBURG, Pa. (AP) — A spike in demand for electricity from tech companies competing in the artificial intelligence race is upending forecasts for natural gas-fired power in the U.S., as utilities reconsider it as a major new power source. What You Need To Know A spike in demand for electricity from tech companies competing in…
On Monday, President Donald Trump announced that 25% tariffs on steel and aluminum imports will begin being implemented on March 4. With these tariffs cracking down on previous exemptions that were established, Canadian exports to the United States may take the hardest hit. This is not the first time President Trump implemented tariffs on steel…
BUFFALO, N.Y. — Following a Wednesday meeting with Canada’s provincial and territorial premiers, Prime Minister Justin Trudeau said “everything is on the table” as the country prepares to defend against economic threats from the Trump administration which takes office next week. However, Empire Center for Public Policy Research Director Ken Girardin does not take seriously suggestions…
BUFFALO, N.Y. — Job growth in the United States outpaced analyst predictions in December by about 100,000. The Bureau of Labor report released Friday showed the country gained about 256,000 jobs in December. “At the aggregate level, there’s some good news in this report as there has been in a lot of the BLS monthly reports…