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Champagne Lanson sales fail to fizz as prices rise
Champagne Lanson experienced a significant decline in revenue and profit in 2024, reflecting reduced consumer spending on premium beverages during a challenging economic period in...
Read Full Article →Egg lovers can’t get a break. Vital Farms to raise prices because of tariffs.
Due to increased costs associated with trade tariffs, Vital Farms informed major retailers that they will implement a price increase of at least 10% on eggs starting this month.
Read Full Article →UK inflation rate: How quickly are prices rising?
Although the rate of price increases in the UK has declined recently, it still exceeds the central bank’s desired level, impacting consumer costs and economic policy decisions.
Read Full Article →Ford is hiking prices on some cars — and blaming tariffs
Ford Motor Company is raising the cost of certain vehicle models, citing increased expenses linked to recently imposed government tariffs affecting import and production fees.
Read Full Article →I'm a Republican CEO. I'm adding a 'tariff tax' to my price tags so customers know why prices are ri...
A CEO has decided to itemize additional costs on product labels to transparently reflect increased expenses related to import duties, aiming to inform consumers about price adjustm...
Read Full Article →U.S. oil production has likely peaked and will start to decline due to price plunge, Diamondback CEO...
A decrease in domestic crude output, driven by recent price drops, could influence market supply and impact economic factors related to the U.S. energy sector and broader financial...
Read Full Article →Barbie is about feel the tariff burn, after Trump says American girls only need 3 dolls
Mattel faces increased production costs and potential revenue challenges due to new tariffs, prompting the company to raise prices on certain U.S. products and revise its financial...
Read Full Article →Mattel plans to increase prices for some toys to offset tariff costs
Mattel aims to adjust product pricing to balance additional expenses, while expanding manufacturing locations beyond China to reduce future financial pressure from trade tariffs.
Read Full Article →Barbie maker raises prices due to Trump tariffs as Ford warns of $1.5bn cost
Mattel is adjusting its pricing strategy and supply chain to manage increased costs from trade restrictions, while Ford anticipates a substantial financial impact due to the curren...
Read Full Article →China risks a spiral into deeper deflation as it diverts U.S.-bound exports to domestic market
Shifting products intended for the U.S. to local consumers may force price reductions, potentially intensifying the ongoing decrease in overall price levels within China’s economy,...
Read Full Article →'Dumpster fire': Retailers urge shoppers to buy now before tariffs raise prices
Retailers are encouraging consumers to make purchases promptly to avoid potential price increases resulting from upcoming tariffs, aiming to maintain sales momentum before consumer...
Read Full Article →Who is behind the great rock’n’roll ripoff? How Ticketmaster swallowed the live entertainment scene
The dominance of a major ticketing company has led to increased costs and fees for live event attendees, significantly impacting affordability and accessibility across the entertai...
Read Full Article →Saudi-led Opec+ expands production despite falling oil prices
Opec+ has decided to increase oil production by 411,000 barrels per day for the second month in a row, amidst a backdrop of declining oil prices in the market.
Read Full Article →Bare shelves are just weeks away as trade war disrupts flow of goods
Major retailers anticipate increased prices and reduced availability of goods due to disruptions in shipments from China to the U.S. stemming from an ongoing trade conflict between...
Read Full Article →OPEC+ crashed oil prices by hiking output in April. Here’s why it could do that again.
OPEC+ is expected to meet earlier than planned, which could potentially influence oil prices again due to its decisions regarding output levels and market dynamics.
Read Full Article →Temu halts shipping direct from China as de minimis tariff loophole is cut off
Temu has raised prices and imposed significant import charges on products from China following the elimination of a tariff loophole that previously allowed for lower shipping costs...
Read Full Article →Americans are getting their first glimpse of life with tariffs
The recent removal of a long-standing tariff exemption on imported items under $800 is leading to increased costs for many products, impacting consumer spending and overall market...
Read Full Article →Chevron’s stock heads for 3-year low as earnings are hurt by lower oil prices
Chevron Corp.'s stock is declining significantly, approaching its lowest point in three years, largely due to decreased earnings linked to lower oil prices affecting market perform...
Read Full Article →5 cars that are safest from tariffs — and 5 getting hit hardest
The recent adjustment to vehicle tariffs is expected to reduce the overall impact on car prices, yet consumers may still experience higher costs due to ongoing trade-related expens...
Read Full Article →Xbox prices hiked worldwide amid tariff uncertainty
The company cited rising game development expenses and unpredictable market conditions as key factors leading to the global increase in Xbox pricing.
Read Full Article →Microsoft raises prices of Xbox video game consoles due to 'market conditions'
Microsoft's decision to increase Xbox console prices reflects rising development costs and market conditions, coinciding with new tariffs on imports, which may impact overall sales...
Read Full Article →Battle lines drawn as steel producers push 'Buy Canadian' to fight tariffs and dumping
Canada's steel industry claims that over 20 countries are selling steel rebar at below-market prices, while some provinces advocate for purchasing foreign products to enhance compe...
Read Full Article →UK regulator could ban vet chains from linking incentives to certain treatments
The UK's Competition and Markets Authority is considering regulations that may restrict financial incentives in the veterinary sector, influenced by public concerns over rising tre...
Read Full Article →Trump’s tariffs: ‘It feels like Covid 2.0. So many things are getting disrupted’
Local businesses are facing significant challenges due to increased tariffs, leading to sudden price hikes and disruptions in supply chains, reminiscent of the economic uncertainty...
Read Full Article →Woolworths sales fall behind Coles as price battle rages on
In the context of a competitive price reduction strategy amid an ongoing cost-of-living crisis, Woolworths is experiencing declining sales compared to Coles, affecting their market...
Read Full Article →Amazon, Ford, Temu, and 7 other companies raising prices because of tariffs
Several major companies are increasing their product costs as a result of recent trade policies, impacting consumer spending and potentially influencing the broader economic landsc...
Read Full Article →Coles on alert for Trump tariff fallout as supermarket prices cool
Coles acknowledged improvements in consumer sentiment, while cautioning that the potential impacts of Trump’s tariffs could introduce volatility into pricing and overall market con...
Read Full Article →'Hostile and political': Trump administration reacts to Amazon plan to display tariff costs – video
The White House criticized Amazon's plan to show the impact of tariffs on prices, suggesting the move is politically motivated and questioning the timing amidst rising inflation co...
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