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GDP Q1 2025: Consumer Spending’s Not Enough to Help Avoid Economy’s Contraction

GDP Q1 2025: Consumer Spending’s Not Enough to Help Avoid Economy’s Contraction
GDP Q1 2025: Consumer Spending’s Not Enough to Help Avoid Economy’s Contraction
April 30, 2025  |  Economy

Consumer spending, the chief engine of economic growth, was not enough to stop an overall pullback in U.S. gross domestic product (GDP). And with evidence...

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Amazon: No Plans to List Trade War-Related Surcharges
Amazon: No Plans to List Trade War-Related Surcharges
April 29, 2025  |  Retail

Amazon says it has no plans to display import-related charges on its website following White House protests. “The team that runs our ultra low cost Amazon...

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Washington Weekly: Tariffs, Tensions and the New ‘Business as Usual’
Washington Weekly: Tariffs, Tensions and the New ‘Business as Usual’
April 28, 2025  |  Economy

Springtime in Washington, D.C. Cherry blossoms color the presidential monuments. Outdoor cafés in Georgetown are bustling. It’s a time when the talk of the town...

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Amazon Sellers Reportedly Skipping Prime Day Due to Tariffs
Amazon Sellers Reportedly Skipping Prime Day Due to Tariffs
April 28, 2025  |  Retail

For years, Amazon’s Prime Day has been a prime opportunity for the company’s third-party merchants. But amid an ongoing trade war between the U.S. and China sparked...

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Gadget-Makers Warn ‘There Will Be No Christmas’ if Tariffs Persist
Gadget-Makers Warn ‘There Will Be No Christmas’ if Tariffs Persist
April 27, 2025  |  Retail

Big tech companies may be able to weather America’s tariffs on Chinese goods. Small tech companies, The Wall Street Journal (WSJ) reported Sunday (April 27),...

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Shein Raises Prices by Up to 377% in Response to Tariffs
Shein Raises Prices by Up to 377% in Response to Tariffs
April 27, 2025  |  eCommerce

Shein has increased the prices of several products in response to pending tariffs. As Bloomberg News reported, most of those U.S. price hikes by the...

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Apple Aims to Mitigate Tariffs by Sourcing All US-Bound iPhones From India
Apple Aims to Mitigate Tariffs by Sourcing All US-Bound iPhones From India
April 25, 2025  |  Mobile Commerce

Apple has reportedly accelerated its plan to source all its iPhones for the U.S. from India, in response to new U.S. tariffs. While the company...

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S&P Global: Tariffs Drive Manufactured Goods Price Increases to 29-Month High
S&P Global: Tariffs Drive Manufactured Goods Price Increases to 29-Month High
April 23, 2025  |  Economy

Prices charged for goods and services rose at the sharpest rate seen in 13 months in April, with tariffs driving an especially steep increase in...

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