tariffs

Best Buy Sees Slight Sales Increase as Tariff Woes Persist

Best Buy Sees Slight Sales Increase as Tariff Woes Persist
Best Buy Sees Slight Sales Increase as Tariff Woes Persist
August 28, 2025  |  Earnings

Best Buy saw quarterly sales creep up as consumers increased their tech spending. The electronics retailer released second-quarter earnings Thursday (Aug. 28) that showed sales growth of 1.6%,...

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TD Bank Touts ‘Critical’ Digital Efforts Amid Tariff Uncertainties
TD Bank Touts ‘Critical’ Digital Efforts Amid Tariff Uncertainties
August 28, 2025  |  Earnings

TD Bank is focused on digital initiatives against the backdrop of tariff-related uncertainty. The Canadian lender released quarterly earnings Thursday (Aug. 27) showing earnings of $3.3 billion, compared with...

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GDP’s 3.3% Surprise Masks Warning Signs in Household Habits
GDP’s 3.3% Surprise Masks Warning Signs in Household Habits
August 28, 2025  |  Consumer Insights

Consumer spending, the main engine that drives the U.S. economy, continues to lay a solid foundation for growth. The Bureau of Economic Analysis published Thursday...

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Tariffs Boost Number of Americans Buying Luxury Goods in Europe
Tariffs Boost Number of Americans Buying Luxury Goods in Europe
August 27, 2025  |  Travel Payments

Tariffs have reportedly led to an increase in the number of wealthy Americans traveling to Europe to buy luxury goods. Some consumers make these trips to...

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Job Prospects and Inflation Weigh on Consumer Confidence
Job Prospects and Inflation Weigh on Consumer Confidence
August 26, 2025  |  Economy

Consumer confidence slipped in August, as individuals said inflation is likely to surge, while job prospects dimmed and spending plans were, at best, mixed. The...

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Furniture Sellers Could Face Additional White House Tariffs
Furniture Sellers Could Face Additional White House Tariffs
August 26, 2025  |  Economy

America’s furniture sellers could soon face additional tariffs on imports. Last week, President Donald Trump announced on social media that the government was probing furniture...

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Core Capital Goods Orders Increase More Than Expected
Core Capital Goods Orders Increase More Than Expected
August 26, 2025  |  Economy

New orders for manufactured durable goods declined by 2.8% in July, marking the third decline in four months, but rising orders for the “core capital...

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Temu Restarts China-to-US Shipments After Tariff Truce
Temu Restarts China-to-US Shipments After Tariff Truce
August 26, 2025  |  Retail

Temu reportedly restarted shipping products from China to consumers in the United States after a tariff-related truce. Suppliers, partners and investors said the eCommerce platform...

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