Shein cut prices for customers in the United States after Washington temporarily lowered tariffs on Chinese imports. “We’ve lowered our prices across a wide range of styles, which means more big savings on summer deals!” the fast-fashion retailer said in a statement Wednesday (May 15)...
United States smartphone shipments leaped 30% year over year in March as manufacturers raced to bring new inventory into the country ahead of the tariffs that were anticipated and then announced by the President Donald Trump administration April 2. The increase in shipments boosted U.S....
The federal credit union tax exemption was preserved during the markup of a tax reconciliation bill in the House Ways and Means Committee. The legislation passed the committee on a 26-19 vote along party lines and now moves to the House Budget Committee where it...
The headline number from the Consumer Price Index released Tuesday (May 13) by the Bureau of Labor Statistics indicated that inflation grew at its slowest pace in more than four years. However, the puts and takes indicated that key spending categories, such as shelter, are...
May 19, 2025
In challenging times, businesses often need to tear up their old playbooks and write new ones. Today’s economy, with its hot-and-cold tariff warfare, qualifies as a challenging time and has already seen months of disrupted global supply chains that could signal a new era of fragmented bilateral trade agreements. PYMNTS Intelligence’s May edition of The […]
May 13, 2025
Economically, it’s starting to feel like the height of the pandemic. Consumers in the United States, warily eyeing the impact of the President Donald Trump administration’s global trade war, are...
May 06, 2025
Retailers and brands in the United States and abroad are bracing for a turbulent back half of 2025. Tariffs and their escalating impact on everything from sourcing to pricing strategy...
April 22, 2025
Many United States businesses involved in global trade are experiencing a sea of change and a sea change. The President Donald Trump administration doubled down on tariffs with its reinstated...
May 15, 2025
Shein cut prices for customers in the United States after Washington temporarily lowered tariffs on Chinese imports. “We’ve lowered our prices across a wide range of styles, which means more big savings on summer deals!” the fast-fashion retailer said in a statement Wednesday (May 15) on its website. Below the message, the company included a […]
May 14, 2025
United States smartphone shipments leaped 30% year over year in March as manufacturers raced to bring new inventory into the country ahead of the tariffs that were anticipated and then...
May 14, 2025
The federal credit union tax exemption was preserved during the markup of a tax reconciliation bill in the House Ways and Means Committee. The legislation passed the committee on a...
May 13, 2025
Optimism among small businesses in the United States continues to fade, thanks partly to tariffs. The April installment of the National Federation of Independent Business (NFIB) optimism index, released Tuesday...
