US Manufacturing Slumps Fifth Month: Jobs Hit 5-Year Low Amid Tariffs
The United States manufacturing sector continues to face a significant downturn, marking its fifth consecutive month of contraction in July, a trend that underscores growing economic vulnerabilities….
New US Tariffs Spark Business Uncertainty, Experts Warn of Economic Fallout
The recent executive orders raising tariffs on goods imported into the United States threaten to unleash a cascade of economic repercussions, potentially driving up consumer prices and…
Tariffs’ True Cost: Why Consumer Brands Rarely Hike Prices
The ripple effect of global tariffs continues to shape the landscape for consumer brands, leading to a complex array of pricing decisions. While some companies have opted…
Ford’s Q2 Profits Plunge 40% Amid Rising Tariff Costs and EV Losses
Ford Motor Co. has announced a significant decline in its second-quarter net income, plunging by 40% to $1.2 billion, primarily attributed to escalating US tariffs on imported…