Businesses dealing with tariffs are looking for ways to pass increasing costs onto consumers, according to the Beige Book report.
Businesses are already trying to pass tariff costs onto customers, Fed report says
Businesses dealing with tariffs are looking for ways to pass increasing costs onto consumers, according to the Beige Book report.
Consumer spending is up big in early April as people buy in anticipation of tariffs
Spending in April through the first 15 days climbed about 3.8% from the same period a year ago, JPMorgan found.
IMF forecasts U.S. fiscal deficit will dip in 2025 thanks to higher tariff revenue
The 191-nation fund credited higher tariff revenue for a somewhat smaller deficit projection.
Credit a ‘short squeeze’ for the stock market’s big two-day bounce
Short-covering was on display as stocks shot up on signs of easing tensions on trade even though no concrete deals have been reached yet.
Third Point’s Dan Loeb says he’s sold out of nearly all of his ‘Magnificent 7’ holdings
“We sold out of our Mag 7 holdings. Early on we got out of Meta, and reduced our Amazon. We got out of basically all of them,” Dan Loeb said.
IMF forecasts U.S. fiscal deficit will dip in 2025 thanks to higher tariff revenue
The 191-nation fund credited higher tariff revenue for a somewhat smaller deficit projection.
IMF forecasts U.S. fiscal deficit will dip in 2025 thanks to higher tariff revenue
The 191-nation fund credited higher tariff revenue for a somewhat smaller deficit projection.
Third Point’s Dan Loeb says he’s sold out of nearly all of his ‘Magnificent 7’ holdings
“We sold out of our Mag 7 holdings. Early on we got out of Meta, and reduced our Amazon. We got out of basically all of them,” Dan Loeb said.
European Central Bank’s Lagarde weighs in on Trump’s criticism of Fed’s Powell
The ECB last week cut interest rates by a further 25 basis points and warned of a “deteriorated” growth outlook linked to tariff tensions.