Your Pulse On America: Live And Unfiltered
President Trump has expressed little interest in fighting climate change. One of his key cabinet officials has even sought to evaluate whether humanity benefits from a warming climate, in a bid to undermine environmental rules. Yet even as he works to accelerate oil and gas production, Mr. Trump’s economic approach may inadvertently reduce greenhouse gas…
The German sportswear company Adidas said on Tuesday that the increase in tariffs would lead to higher prices for its sneakers and sportswear for U.S. customers. “Since we currently cannot produce almost any of our products in the U.S., these higher tariffs will eventually cause higher costs for all our products for the U.S. market,”…
With many Americans concerned that President Trump’s tariffs will make most products more expensive and possibly tip the United States into a recession, some consumers say they are opting out of spending on a wide range of items. Instead of shopping lists, they are making “No Buy” lists. No more outfits destined to be worn…
Consumers, worried about the economy, are pulling back on their spending, and that anxiety is translating into lower sales and profits for some of the country’s largest consumer-oriented companies. On Thursday, PepsiCo cut its full-year guidance outlook, citing a reduction in consumer spending as well as the impact the beverage and snacks company is feeling…
There are not many certainties in the world of money, but this traditionally has been one of them: When life turns scary, people take refuge in American government bonds. Investors buy U.S. Treasuries on the assumption that, come what may — financial panic, war, natural disaster — the federal government will endure and stand by…
Inflation cooled sharply in March, a welcome development given the uncertainties surrounding President Trump’s global tariffs. The Consumer Price Index climbed 2.4 percent last month from a year earlier, a far slower pace than February’s 2.8 percent increase and less than economists had expected. Over the course of the month, prices fell 0.1 percent. A…
This time, maybe the stock market is the economy. Financial markets around the world have plummeted in the days since President Trump announced sweeping tariffs, setting off a global trade war. The S&P 500 declined more than 10 percent in two days last week. It swung wildly on Monday amid news of further tariffs and…
Investors around the globe this week sent President Trump a clear message about his new tariff policy, announced triumphantly as a remaking of the economic order. They don’t like it. The S&P 500 fell 6 percent on Friday, bringing its losses for the week to 9.1 percent. Stocks hadn’t fallen this far this fast since…
President Trump’s sweeping tariffs are expected to raise the cost of cars, electronics, metals, lumber, pharmaceuticals and other products that American consumers and businesses buy from overseas. But Mr. Trump and his advisers are betting that it can sell an inflation-weary public on a provocative idea: Cheap stuff is not the American dream. “I couldn’t…
Amid a national debate on highly processed foods and the rise of weight-loss drugs, PepsiCo is responding by offering healthier versions of some snacks. Early Tuesday, the company reported that revenue in the fourth quarter slipped modestly to $27.8 billion from $27.9 billion a year earlier, while net income rose to $1.5 billion from $1.3…