The Ah Louis Store in San Luis Obispo, California, builds its holiday business on imported ornaments, décor, and small gift items. Co-owner Emily Butler said that in 2025 some merchandise arrived later than expected or landed at higher costs after President Donald Trump imposed unusually high taxes on imported goods, forcing the shop to work harder to turn browsing into…
Jobs Growth Cools And Prior Months Revised Lower U.S. employers added 73,000 jobs in July, a sharp slowdown that undercut expectations and signaled a cooler labor market. Just as notable, the Labor Department’s revisions wiped out a combined 258,000 jobs previously reported for May and June, recasting the summer hiring picture as much weaker than believed. The unemployment rate rose…
Surging AI Momentum and Cloud Growth Drive Historic Milestone Microsoft reached a historic $4 trillion market valuation on Thursday, becoming the second company ever to do so after a strong earnings report and renewed investor confidence in its AI and cloud businesses. Shares of the tech giant rose nearly 4.5% in early trading, pushing its intraday value to $4.01 trillion.…
On Wednesday, July 30, 2025, the White House said the United States will impose a 25% tariff on all goods from India beginning Friday, Aug. 1, and will add an extra import “penalty” tied to India’s purchases of Russian oil and military equipment. The administration has not yet specified the size of that additional levy; officials said those Russia‑related rates…
Initial Success Gives Way to Rising International Tension President Donald Trump’s trade policies, once dismissed as reckless, have delivered surprising short-term gains. Customs revenues have surged, inflation remains relatively stable, and many global trading partners have accepted steep new U.S. tariffs with limited retaliation. Several framework deals struck by the Trump administration have opened foreign markets to American goods while…
Global markets responded favorably after the United States and European Union announced a trade agreement imposing a 15% tariff on most EU exports to the U.S. The deal, negotiated at President Trump’s Turnberry resort in Scotland with European Commission President Ursula von der Leyen, significantly reduced the risk of a broader trade war that had unsettled investors for weeks. Following…
AFL-CIO report reveals sharpest CEO-worker pay gap among top U.S. firms. The wage gap between corporate executives and rank-and-file workers has reached a striking new milestone, with Starbucks CEO Brian Niccol earning 6,666 times more than the company’s typical employee in 2024. The data comes from the AFL-CIO’s annual Executive Paywatch report, released Wednesday, and highlights the largest pay disparity…
