News

Fed to Take in Stride Another Month of Tame Inflation

(Bloomberg) -- Most Read from BloombergNY Private School Pleads for Donors to Stay Open After Declaring BankruptcyUAE’s AI University Aims to Become Stanford of the GulfCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?NYC’s War on Trash Gets a Glam SquadChicago’s O’Hare Airport Seeks Up to $4.3 Billion of Muni DebtThe Federal Reserve may take comfort that tariffs have yet to materially boost official inflation readings, but policymakers will continue to suggest interest rates

Donald Trump Tells Walmart (WMT) to ‘Eat the Tariffs’

Walmart’s (WMT) stock and strategic outlook remain steady despite President Trump’s directive for the retailer to “eat the tariffs,” following Walmart’s indication that it may raise prices in response to rising import costs. Currently, tariffs include a 30% levy on Chinese goods and a 10% tariff on imports from most other countries—a significant concern for Walmart, given that around 60% of its imports come from China. With operating margins typically in the narrow 4% to 5% range, the company fa

Trump’s New Tariff Threats Show Trade Uncertainty Here to Stay

(Bloomberg) -- Investors were growing optimistic that Donald Trump’s trade wars had started to calm down. His latest tariff broadsides quickly disabused them of that notion. Most Read from BloombergNY Private School Pleads for Donors to Stay Open After Declaring BankruptcyUAE’s AI University Aims to Become Stanford of the GulfCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?NYC’s War on Trash Gets a Glam SquadChicago’s O’Hare Airport Seeks Up to $4.3 Billion of Muni DebtInitia

Canada’s Macklem Says US Tariffs ‘Biggest Headwind,’ NYT Reports

(Bloomberg) -- Bank of Canada Governor Tiff Macklem called President Donald Trump’s tariffs the “biggest headwind” for the country, given the close integration of the two economies, according to the New York Times.Most Read from BloombergNY Private School Pleads for Donors to Stay Open After Declaring BankruptcyUAE’s AI University Aims to Become Stanford of the GulfCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?NYC’s War on Trash Gets a Glam SquadChicago’s O’Hare Airport See