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Mitsubishi is raising prices as tariffs sting U.S. buyers
Mitsubishi is increasing vehicle costs in response to import duties, reflecting the impact of recent trade measures on consumer expenses in the United States.
Read Full Article →Bye-bye bidding wars: Housing market becomes more buyer-friendly as more sellers slash prices
An increasing number of homes are available for sale across the United States, leading to reduced competition among buyers and creating opportunities for more favorable purchasing...
Read Full Article →GTA sees slowdown in home renovations as prices surge across Canada
Increasing renovation expenses have caused Canadian homeowners to reduce their investment in home improvement projects this year, reflecting growing concerns over additional fees a...
Read Full Article →Oil in the new age of volatility
Rising energy costs are expected to challenge efforts to reduce inflation and may limit the central bank's ability to implement interest rate reductions in the near future.
Read Full Article →What Israel-Iran Fighting Could Mean for Oil Prices and Inflation
The conflict between Israel and Iran has the potential to disrupt energy markets, which may contribute to increased costs for fuel and goods, thereby impacting overall inflation ra...
Read Full Article →Oil and gold prices soar and stock markets fall after Israel’s attacks on Iran
The recent military actions in the Middle East have led to a marked rise in commodity prices, particularly crude oil and precious metals, while global equity indices experienced no...
Read Full Article →Do you need travel insurance? What to know as trade war, stricter border rules upend summer plans
Rising healthcare expenses in the United States are contributing to increased travel-related costs, prompting many Canadians to reconsider their vacation plans due to changing trad...
Read Full Article →Is the crypto bull run still possible after Israel bombed Iran?
Following the recent military strike in the Middle East, cryptocurrency markets experienced significant declines as investors shifted towards safer assets amid concerns over escala...
Read Full Article →Will lower stress tests for mortgages fuel a first-time buyer boom?
Reduced mortgage requirements could increase loan accessibility for new buyers, potentially driving higher demand and contributing to rising property prices in the entry-level hous...
Read Full Article →Gold rallies to near-two month high as Middle East conflict intensifies
The escalating tensions in the Middle East prompted increased demand for gold, driving its price upward and resulting in notable gains over the course of the week.
Read Full Article →Reeves’ tax hikes force Timothy Taylor to raise price of a pint
Increased government taxes and reduced business support have led Timothy Taylor to raise product prices due to rising operational costs and a challenging economic and regulatory la...
Read Full Article →Prices for common baby items are rising due to Trump's tariffs, congressional analysis says
A recent congressional report indicates that tariffs implemented during Trump's administration have contributed to increased costs for several essential baby products, including ca...
Read Full Article →Canadians' support for counter-tariffs dips, but still strong as trade war persists
Although Canadians' backing for retaliatory tariffs has slightly decreased, the Bank of Canada Governor noted last week that these measures have not substantially influenced overal...
Read Full Article →Wholesale Inflation Tamer Than Expected in May
The slower increase in wholesale prices during May suggests a potential easing of cost pressures for businesses, which may influence overall economic conditions and future pricing...
Read Full Article →Tuna, beans, Spam: Trump’s tariffs threaten the canned foods millions rely on to survive
Increased tariffs on metal used in canned food packaging could lead to higher prices, potentially impacting millions of low-income consumers who depend on these affordable and long...
Read Full Article →Chime Prices IPO Above Expected Range
The initial public offering of Chime exceeded market predictions, indicating strong investor confidence and potentially increasing the company’s capital for future growth and expan...
Read Full Article →Best crypto to buy after U.S. – China trade truce
The easing of trade tensions between major global economies and softer-than-anticipated U.S. inflation data could create favorable conditions for investors seeking potential growth...
Read Full Article →Auto Insurers Have Raised Prices For Years, But 2025 Could Be A Buyer's Market
After a prolonged period of increasing rates, the auto insurance industry may see premiums stabilize or decline in 2025, potentially providing more favorable options for consumers.
Read Full Article →US inflation ticks higher but tariff impact remains muted
The recent rise in overall prices reflects mixed changes across different sectors, where increases in certain goods were balanced by decreases in transportation and apparel costs,...
Read Full Article →Peter thought he owned his driveway until it was listed for auction
The unexpected presence of multiple bidders unexpectedly increased the driveway’s market value, highlighting how competitive bidding can significantly impact property prices even i...
Read Full Article →Weight-loss drugs are an issue for McDonald’s, but here’s the bigger problem
McDonald’s shares experienced a prolonged decline influenced by analyst warnings about the combined effects of emerging health trends and pricing strategies on the company’s future...
Read Full Article →Folgers coffee, Jif peanut butter parent aims to absorb some tariff costs for shoppers
Smucker plans to partially cover increased import duties to maintain affordable pricing, aligning its revenue projections with market expectations while managing profit margins ami...
Read Full Article →Inflation might start to rise again due to tariffs. May CPI in Wall Street’s crosshairs.
Rising tariffs could potentially reverse recent declines in inflation, impacting consumer prices and market expectations as investors closely monitor upcoming economic data for sig...
Read Full Article →Used vehicle prices ease from tariff fear-buying highs but remain elevated
Following a surge driven by concerns over potential tariff increases, used car prices decreased slightly last month but stayed relatively high compared to earlier periods.
Read Full Article →Goldman Sachs reins in risk appetite as Trump tariffs roil markets
Goldman Sachs is adjusting its investment strategies in response to trade tensions and expects a phase where inflation increases faster than economic expansion, impacting financial...
Read Full Article →Dr Martens promises not to raise prices this year despite US tariffs
Dr Martens aims to maintain current pricing while relying on manufacturing in Vietnam and Laos, navigating potential cost pressures from impending US tariffs on goods from these co...
Read Full Article →Fossil fuel spending to fall for first time since pandemic
Global investments in energy resources are expected to decrease, particularly within the oil industry, as reduced market prices prompt businesses to adjust their financial strategi...
Read Full Article →Most companies are already raising prices or plan to because of tariffs, data shows
Surveys indicate that a majority of businesses intend to transfer the increased expenses caused by tariffs onto customers through higher pricing strategies in the near future.
Read Full Article →Volvo Cars sales plunge 12% in May as tariff challenges continue
Volvo Cars experienced a notable decline in May sales, reflecting ongoing tariff pressures and increased production expenses that have led many European automakers to reduce costs...
Read Full Article →Ohio Announces Two-Week Sales Tax Holiday Amid Tariffs, High Prices
The temporary suspension of sales tax in Ohio provides consumers with an opportunity to reduce expenses during a period of increased costs caused by recent tariff-related price ris...
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