Research from the New York Fed confirms that U.S. companies and consumers are bearing tariff costs, despite the president’s assertions otherwise.
Category: Prices (Fares, Fees and Rates)
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Americans Are Paying the Bill for Tariffs, Despite Trump’s Claims
The New York Times – Business: -
New Kraft Heinz CEO Says Food Company Won’t Split, for Now
The New York Times – Business:The company’s new C.E.O. said he saw opportunities to fix and grow the food giant — and cut prices for consumers.
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Energy Bills Have Soared Recently. How Can States Bring Costs Down?
Energy experts said that governors and legislatures have tools to keep electricity prices from rising further, and might even be able to lower them.
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Tesla’s Model S, Soon to Be History, Changed the Auto Industry
The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Model X.
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Chevron Points to Venezuela’s Promise as Big Oil Earnings Fall
The two largest U.S. oil companies, Chevron and Exxon Mobil, reported their lowest annual profits in years.
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Why Some Cold States Are Making It Cheaper to Run a Heat Pump
New discounts can make heat pumps go from a bad investment to a good idea.
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A Rug Maker Withstood One Year of Trump’s Tariffs. New Challenges Loom.
Loloi stockpiled rugs from India, Turkey and other countries in advance, but inventory is running low.
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Tesla Profit Slumps, but Investors May Not Care
The electric vehicle maker’s shares are near record highs as Wall Street focuses on the company’s plans for robots and self-driving cars.
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G.M. Shares Rise as Investors Are Encouraged by 2026 Prospects
The automaker said that it would buy back stock worth up to $6 billion and that it expected profit to rise this year after it pulled back from electric vehicle production.
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As Trump Heads to Iowa to Trumpet Economy, Many Residents Feel Pain
Farmers are critical to Iowa’s economy. They have been battered by President Trump’s tariffs and are not yet experiencing the “golden age” that the president promised.
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Travel Math: When Flying Costs as Much as the Train, Who Wins?
Amtrak says dynamic pricing has helped strengthen its finances, but travelers often grumble at the cost, especially for last-minute travel. Still, the train has a secret weapon: avoiding the airport.