Fed’s Beige Book: Tariff-induced price hikes, trade worries spotlighted
Federal Reserve Chairman Jerome Powell said President Donald Trump’s tariffs were higher than expected, raising the risk of further inflation. A new Federal Reserve report shows that US companies are reporting increased costs due to tariffs. On Wednesday, the Federal Reserve issued the latest version of the Beige Book, which is published eight times a […]
Rays’ Jose Caballero hikes ball for double play, 1 day after robbing home run
Jose Caballero has attended defensive clinics in the past 24 hours, both in the infield and outfield. On Friday night, he stolen Ben Rice a home run on the right field. On Saturday afternoon, shortstop Tampa Bay Rays Utilityman was on the front end of one of the crazy double plays of recent memory. In […]
Pence undercuts Trump on potential tax hikes in the ‘big, beautiful bill’
Exclusive: Former Vice President Mike Pence has urged House Republicans to stick to hiking take on the country’s top operators as Fox News Digital says the White House is floating on a billionaire tax hike proposal. American Freedom (AAF), a conservative policy advocacy group launched in 2021, is home to Jason Smith, R-Mo, chairman of […]
Republicans Weigh Tax Hikes For The Rich In Trump’s ‘Big Beautiful’ Budget Bill
Congressional Republicans are weighing tax increases for the wealthy as President Donald Trump has taken a dramatic break from decades of GOP tax orthodoxy, taking a dramatic break from GOP tax orthodoxy. The talks are still in the early stages, and lawmakers are reportedly warning that the tax hike may not become the final bill. […]
Levi Strauss CEO says price hikes due to Trump’s tariffs would be ‘surgical’
Steve Yates of the Heritage Foundation on trade tensions between President Trump and China, trade negotiations with Japan, and trade tensions between auditors claiming breach of CK Hutchison's contract regarding the Panama Canal Port business. Levi Strauss & Co. CEO Michelle Gass said the prices the company makes will be “surgical” due to the tariffs […]
Apple customers scrambling to upgrade iPhones before tariff price hikes kick in: report
Apple customers are reportedly in a hurry to upgrade their iPhones to avoid the expected price hikes pushed by President Trump's tariffs. The looming taxation will collide with a critical portion of Apple's supply chain, including China, where CEO Tim Cook's company still manufactures most of its hardware. Trump has been set to impose a […]
Trump Says Fed Should Cut Rates as Tariff Hikes Approach
President Donald Trump is escalating high-stakes clashes between the White House and the central bank as he calls for a Federal Reserve cut and his administration prepares to unleash a new wave. “The Fed will have a much better cut rate as US tariffs begin the road to the economy (easiness!),” Trump declared Wednesday night […]
Egg prices start to drop after bird flu shortage caused massive hikes
New data suggests shoppers may ultimately feel some relief in the egg passage after causing a sudden price drop in the past week. Egg prices rose 10.4% in February as the ramp bulwark bird flu outbreak continued to cause widespread shortages, the Bureau of Labor Statistics said Wednesday. But the price of a big white […]
State Farm exec fired over comments on premium hikes
The former million-dollar listing star and Los Angeles real estate agent Josh Altman will provide updates on wildfire recovery and reconstruction efforts, and a preview of President Donald Trump visiting disaster sites. This week, after an executive at a major insurance state farm was fired, it was recorded in a secret investigation video commenting on […]
Ontario hikes electricity prices for New York, Michigan and Minnesota
Leaders of Canada's most populous states continue on their pledge that residents of US border nations, as residents of New York, Minnesota and Michigan, will try to raise electricity prices for Americans in response to President Trump's tariffs. Canada's Ontario raised electricity export prices by 25% in three American provinces on Monday. Ontario Premier Dougford […]