New data showing price increases last month could foreshadow even higher costs if the president imposes steep tariffs on Aug. 1.
Category: Consumer Behavior
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The Economy Has Been Resilient. The New Round of Tariffs May Hit Harder.
The economy’s resilience so far to President Trump’s global trade war risks emboldening him and unleashing the sort of economic devastation that economists have long feared.
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China Is Buying Appliances and iPhones. What Happens When the Subsidies Stop?
Shoppers are taking advantage of a $42 billion government trade-in program aimed at boosting spending. But in recent weeks, some cities have started to cut back on the subsidies.
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Delta’s Stock Soars on Signs of ‘Stabilized’ Demand
The airline reported better earnings than expected for its latest quarter, and restored its forecast for the rest of the year.
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Trump Takes Reins on U.S. Economy With Policy Bill and Tariffs Renewal
President Trump has achieved much of his agenda, leaving the fate of the economy squarely in his hands.
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RFK Jr.’s Battle Against Food Dyes Hits a Roadblock: M&M’s
The health secretary has used peer pressure to persuade food makers to nix synthetic dyes. The candy industry is holding out, arguing American consumers like bright sweets.
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Southwest’s C.E.O. on Why Now Is the Time for Bag Fees and Assigned Seats
Bob Jordan recently introduced major changes to the way the low-cost airline works, which caused a stir among loyal fliers and left them wondering what sets it apart from competitors.
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Del Monte Foods, the Canned Goods Giant, Files for Bankruptcy
The company behind brands like College Inn and Kitchen Basics faces issues including rising debt, changing consumer habits and pandemic missteps.
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Trump’s Trade Policies Prompt Companies to Raise Prices, Cut Staff
Consumers are starting to pull back spending as President Trump’s trade policies ripple through the economy.
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Toymakers Team Up With Artists for Tariff-Proof Toys
Seeking adult fans with money to spend, companies like Mattel and Lego are working with artists to make exclusive — and expensive — versions of their products.
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CPI Shows U.S. Inflation Remains Muted as Tariff Impact Is Limited
The Consumer Price Index rose 2.4 percent in May, from a year ago, a reading that reflects only the initial impact of President Trump’s tariffs.