Economy
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Tips on navigating economic uncertainty for small business ownersMay 31, 2025 1:39 pm - In today’s unpredictable economic climate, many small business owners are struggling to maintain stability amid inflation and fluctuating costs.
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Trump’s week shows the risks of his full-speed-ahead approach
May 31, 2025 1:34 pm - President Donald Trump’s second term has been marked by volatility, brought about in part by his insistence on bulling forward in search of maximum gain, even if that heightens the risk of ultimate failure. This week crystalized just how rapidly his fortunes can rise and fall.
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US inflation gauge cools with little sign of tariff impact, so far
May 30, 2025 8:00 am - A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while American incomes jumped.
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Costco defies tariff shifts with higher profit, lower prices
May 30, 2025 7:56 am - Costco Wholesale Corp. posted better-than-expected earnings in the third quarter, a sign that the nation’s largest club chain is flexing its scale and devoted following to navigate tariffs and economic turbulence.
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What is the Court of International Trade? And why can it strike down Trump's tariffs?
May 29, 2025 2:37 pm - A little-known federal court threw a giant monkey wrench into a foundational part of President Donald Trump's economic agenda by striking down most of the sweeping tariffs he has imposed since taking office.
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A global rally for stocks stumbles on uncertainties about Trump's tariffs, but Nvidia shines
May 29, 2025 8:09 am - A big rally for stocks that began in Asia on Thursday is running out of momentum after sweeping into Europe and the United States amid uncertainty about what will happen next after a U.S. court blocked many of President Donald Trump’s sweeping tariffs.
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The US and EU are in a showdown over trade. What does Trump want and what can Europe offer?
May 28, 2025 8:43 am - Top officials at the European Union’s executive commission say they're pushing hard for a trade deal with the Trump administration to avoid a 50% tariff on imported goods.
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US consumer confidence rebounds after five straight months of declines amid tariff anxiety
May 27, 2025 2:36 pm - Americans’ views of the economy improved in May after five straight months of declines sent consumer confidence to its lowest level since the onset of the COVID-19 pandemic, largely driven by anxiety over the impact of President Donald Trump’s tariffs.
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Why are more shoppers struggling to repay ‘buy now, pay later’ loans?
May 24, 2025 1:03 pm - More Klarna customers are having trouble repaying their “buy now, pay later” loans, the short-term lender said this week. The disclosure corresponded with reports by lending platforms Bankrate and LendingTree, which cited an increasing share of all “buy now, pay later” users saying they had fallen behind on payments.
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Here’s what’s inside Trump’s big tax bill
May 23, 2025 10:52 am - House Republicans early Thursday took a major step forward on President Donald Trump’s agenda, approving a legislative package that combines tax breaks, spending cuts, border security funding and other priorities.