By Siddharth Cavale NEW YORK (Reuters) -Prices for goods made in China and sold on Amazon.com (AMZN) have been rising faster than overall inflation, according to an analysis of 1,400 different products conducted exclusively for Reuters by the analytics firm DataWeave, a sign that tariffs are starting to hit American consumers. The analysis shows that…
If you’re a smart shopper, you probably know that summer brings more than just warmer weather and longer days. It can also mean changing grocery prices. And this year, there’s more at play than just the supply and demand of changing seasons. Due to upcoming tariffs, grocery items that are imported from certain countries could…
NEW YORK (AP) — Sending children back to school in new sneakers, jeans and T-shirts is likely to cost U.S. families significantly more this fall if the bespoke tariffs President Donald Trump put on leading exporters take effect as planned, American industry groups warn. About 97% of the clothes and shoes purchased in the U.S….
Two recent readings on inflation showed price increases decelerated in February — but within the details, economists see warning signs. Thursday’s report from the Bureau of Labor Statistics showed that its “core” Producer Price Index (PPI) — which tracks the price changes companies see and excludes food and energy — rose 3.4% from the year…
US President Donald Trump’s 25% tariff on goods from Canada and Mexico, along with the heightened 20% levy on Chinese goods is in force. US President Donald Trump at a joint session of Congress.(Reuters) Experts state that as a result of this, consumers and businesses will be hit hard, according to a report by news…
Inflation figures released on Feb. 12, 2025, will come as a disappointment to Americans who hoped President Donald Trump would be true to his word on bringing down prices “on Day One.” It will also put pressure on the new administration to be wary of policies that may heat up inflation – and that includes…
By Richa Naidu LONDON (Reuters) – Unilever achieved slightly better than expected underlying quarterly sales after winning back more shoppers with product innovations and slower price increases, posting its biggest gain in sales volumes in three-and a-half-years. The consumer goods giant said on Thursday it was keeping its full-year outlook for 3-5% underlying sales growth…
When many people think of making money from stocks, they automatically think of a company’s stock price increases. That makes sense; it’s straightforward and easy to comprehend: buy a stock for one price, sell it for a higher price, and make money. Simple enough. Despite not getting the attention of capital gains, dividends can also…