Consumer sentiment continues to be buffeted by tariffs and worries about inflation. Sentiment is souring so much that, as the University of Michigan found in its final reading for April, consumers think prices are going to increase at the fastest pace since 1981. The overall reading...
Businesses said in April that they expect their unit costs to increase by 2.8% over the next year, a figure that is 0.3 percentage points higher than it was in March. These year-ahead unit cost expectations are lower than the peak of 3.8% seen in...
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 prices of manufactured goods, S&P Global said Wednesday (April 23). The rate of inflation in manufacturing hit a 29-month high,...
Tariffs are here, inflation is sticky, and supply chains and vendor relationships are in flux. For enterprises, it’s critical to have as much certainty as possible when it comes to cash flow. It’s no longer enough to wait three days for transactions to settle. The...
April 21, 2025
Tariffs are here, inflation is sticky, and supply chains and vendor relationships are in flux. For enterprises, it’s critical to have as much certainty as possible when it comes to cash flow. It’s no longer enough to wait three days for transactions to settle. The paper check, which has been a staple of roughly 40% […]
April 17, 2025
The tariffs were on, then they were paused, and at the moment, the United States trade war is focused on China. Although some business owners are girding for a recession,...
April 16, 2025
In a quarter overshadowed by tariff discussions and global economic jitters, three of the nation’s largest financial institutions — PNC, Citigroup, and Bank of America — presented first-quarter earnings Tuesday...
April 15, 2025
As seen in current events such as LVMH’s lackluster revenue picture announced Monday (April 14), which showed a decided pullback in luxury spending due to uncertainty in the economy, consumer...
April 27, 2025
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 eCommerce retailer happened Friday (April 25), with some increases markedly higher in specific categories. Data compiled by the news outlet shows that the average price for the top 100 items […]
April 23, 2025
Businesses said in April that they expect their unit costs to increase by 2.8% over the next year, a figure that is 0.3 percentage points higher than it was in...
April 23, 2025
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 prices of manufactured goods, S&P...
April 17, 2025
Some retailers are reportedly being “uncharacteristically blunt” in sharing with customers the impact new U.S. tariffs are having on the prices of their products. This marks a change from retailers’...
