WASHINGTON (AP) — Naturepedic, a mattress and furniture company based outside Cleveland, has been planning to introduce an upscale upholstered headboard late this year or early in 2026. But President Donald Trump has thrown those plans into disarray. On Thursday night, the president announced on social media that he was slapping a 30% tax on…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Trump’s new tariffs President Donald Trump on Thursday announced new tariffs on pharmaceuticals, heavy trucks, kitchen cabinets and upholstered furniture, all of which he said will take…
Core inflation was little changed in August, according to the Federal Reserve’s primary forecasting tool, likely keeping the central bank on pace for interest rate reductions ahead. The personal consumption expenditures price index posted a 0.3% gain for the month, putting the annual headline inflation rate at 2.7%, the Commerce Department reported Friday. Excluding food…
The markets could be in for some choppiness if the government shutdown next week, according to Bank of America. While outcomes can vary widely, the bank found that the S & P 500 averages a loss of 5% between the week before and the week after a shutdown, based on data going back to 1990….
The core personal consumption expenditures (PCE) price index, the Federal Reserve’s preferred measure of inflation, rose slightly in August, in line with economists’ expectations. Inflation yardsticks such as the PCE index and the Consumer Price Index measure the change in prices over time of a typical basket of goods and services. The core PCE, which excludes volatile…
Two of Italy’s biggest brands – Prada and Max Mara – were the headliners on day three of Milan Fashion Week. The two labels couldn’t be more different: Prada – co-designed by living legend Miuccia Prada and Belgian designer Raf Simons – always sets the agenda with collections that blend commercial appeal with strong ideas,…
US economic resilience over the last 15 years has been a tailwind for investors — but after a forecast-defying stretch of growth, it’s also creating a big blind spot in the market. The economy’s recent ability to avoid a recession could mean investors are caught off guard when a downturn does eventually materialize, financial pros…
Guests sitting down for dinner at The Residence at the Grand Hyatt Hong Kong will find that their tabletop has been turned into a visual spectacle. A virtual story is projected onto the table, with optical techniques and length distortions creating the illusion of depth and a 3D effect. The interactive, immersive dining experience, called…
Epic accuses Google of illegally stifling competition on Android devices in a lawsuit the gaming company won in 2023. Published On 25 Sep 202525 Sep 2025 Click here to share on social media share2 Share Google says it has urged the United States Supreme Court to halt key parts of a judge’s order that would…
Students sifted through racks and folded piles of secondhand shirts, jeans and jackets on Monday, Sept. 22, as the sustainable fashion club Fair Fashion held its first clothing swap of the semester at the University of Georgia’s Tate Student Center. Club members, volunteers and curious newcomers came from across campus to trade clothes and promote…