U.S. stocks were mostly unchanged at the open as investors weighed hot inflation reports earlier in the week, the postponement of reciprocal tariffs and this morning’s weak retail sales report. Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to the Commerce Department. Retail sales slipped 0.9% in January…
The White House confirmed Friday that President Donald Trump will impose 25% tariffs on imports from Canada and Mexico on Saturday. White House press secretary Karoline Leavitt said at a press briefing that Trump will also impose an additional 10% tariff on goods from China. Trump vowed during his campaign to impose tariffs on countries to halt the…
Black Friday may still be a few weeks away, but early deals and big sale plans are already being announced by popular retailers like Amazon, Walmart and Target. Thanks to shifting consumer trends, sales once reserved for a single day or the weekend after Thanksgiving have expanded into the weeks leading up to and after…