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Shoppers will pay more for bananas, coffee and toilet paper because of tariffs, trade group says

Shoppers will pay more for bananas, coffee and toilet paper because of tariffs, trade group says

A customer shops for produce at an H-E-B grocery store in Austin, Texas, on Feb. 12, 2025. Brandon Bell | Getty Images Shoppers will likely pay more for coffee, bananas, vanilla and toilet paper over the coming weeks as the Trump administration’s new tariffs go into effect. The U.S. plans to hike tariff rates on

Shoppers will pay more for bananas, coffee and toilet paper because of tariffs, trade group says Read More »

Mortgage rates tumble on tariffs, but housing costs still near record high

Mortgage rates tumble on tariffs, but housing costs still near record high

Mortgage rates fell sharply Thursday following the Trump administration’s tariff announcement. The average rate on the popular 30-year fixed loan plunged 12 basis points to 6.63%, according to Mortgage News Daily. That put it at the lowest level since October. The massive sell-off in the stock market early Thursday sent investors fleeing to the bond

Mortgage rates tumble on tariffs, but housing costs still near record high Read More »

Southwest’s bag fees and other changes could backfire, Fitch warns

Southwest’s bag fees and other changes could backfire, Fitch warns

A Southwest Airlines jet approaches Midway Airport on Dec. 15, 2023, in Chicago. (John J. Kim/Chicago Tribune/Tribune News Service via Getty Images) John J. Kim | Chicago Tribune | Getty Images Southwest Airlines‘ new policies such as charging for checked bags for the first time could backfire, Fitch Ratings said Thursday. Southwest is reversing its

Southwest’s bag fees and other changes could backfire, Fitch warns Read More »

Stellantis idles plants in Mexico and Canada due to tariffs

Stellantis idles plants in Mexico and Canada due to tariffs

The Stellantis Windsor Assembly Plant is shown on April 1, 2025 in Windsor, Canada.  Bill Pugliano | Getty Images DETROIT — Stellantis is pausing production at two assembly plants in Canada and Mexico as the company attempts to navigate President Donald Trump’s new round of 25% automotive tariffs, the company confirmed Thursday. The actions are

Stellantis idles plants in Mexico and Canada due to tariffs Read More »

Trump’s 25% auto tariffs are in effect. What investors need to know

Trump’s 25% auto tariffs are in effect. What investors need to know

Vehicles seen on the lot of a Ford auto dealership in Montebello, California on April 1, 2025. Frederic J. Brown | Afp | Getty Images DETROIT — President Donald Trump’s 25% tariffs on imported vehicles to the U.S. have taken effect, but the impacts of the new levies on investors and the global automotive industry

Trump’s 25% auto tariffs are in effect. What investors need to know Read More »

Trump’s massive 46% Vietnam tariffs could hit Nike, American Eagle and Wayfair

Trump’s massive 46% Vietnam tariffs could hit Nike, American Eagle and Wayfair

File: workers at the Maxport factory, which makes activewear for various textile clothing brands, in Hanoi.  Nhac Nguyen | Afp | Getty Images Retailers and brands have turned to Vietnam to manufacture goods from sneakers to couches while moving some or all production out of China. For years, China’s southern neighbor became a popular alternative

Trump’s massive 46% Vietnam tariffs could hit Nike, American Eagle and Wayfair Read More »

Advertisers look for flexibility as uncertainty around tariffs swirls

Advertisers look for flexibility as uncertainty around tariffs swirls

Brands and advertisers are seeking flexible terms as they face uncertainty about how impending U.S. tariffs will affect their businesses. The push for more lenient agreements, in which companies could pivot budgets quickly or shift their focus to different types of marketing depending on how the tariffs shake out, has been the focus of conversations

Advertisers look for flexibility as uncertainty around tariffs swirls Read More »

UFC signs wide-ranging sponsorship deal with Meta, bringing Mark Zuckerberg closer to Dana White

UFC signs wide-ranging sponsorship deal with Meta, bringing Mark Zuckerberg closer to Dana White

UFC CEO Dana White, left, and Meta CEO Mark Zuckerberg attend the UFC 300 event at T-Mobile Arena in Las Vegas, Nevada, April 13, 2024. Jeff Bottari | Ufc | Getty Images TKO Group’s UFC has struck a multimillion-dollar, multiple-year partnership deal with Meta that will bring the mixed martial arts league closer to Mark

UFC signs wide-ranging sponsorship deal with Meta, bringing Mark Zuckerberg closer to Dana White Read More »

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