
Articles
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1 week ago |
bizjournals.com | Joshua Mann |Sara Paulson Meehan
Preview this article 1 minHere's how Buffalo fared in the inaugural Metropolitan Consumer Sentiment Index, a new quarterly measure of consumer confidence in major metro areas. American City Business Journals is partnering with Morning Consult on the Metropolitan Consumer Sentiment Index. In Buffalo, the inaugural MCSI found a confidence level of 94.6, below the first-quarter national score of 96. Consumer confidence is lower in Buffalo than in nearly 40 other major metro areas in the United States.
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2 weeks ago |
bizjournals.com | Joshua Mann
Manufacturing companies will have to figure out whether their customers will tolerate big price increases because of new tariffs. As broad tariffs begin to weigh down U.S. imports, one of the biggest questions for domestic manufacturers is who will pay the costs associated with tariffs.
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2 weeks ago |
bizjournals.com | Joshua Mann |Janis Magin
New broad tariffs on imports to the U.S. are expected to push consumer prices higher — and investors are already backing away from the most exposed public companies. Hawaii's publicly traded companies have posted steep losses over the past two days as investors reacted to the Trump administration's tariff plan, with stock prices falling by double digits for some companies. The Dow Jones Industrial Average fell by 5.5%, or 2,231 points, on Friday, a day after losing nearly 4% or 1,679 points.
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2 weeks ago |
bizjournals.com | Ethan Lott |Joshua Mann
Pittsburgh companies see billions wiped from their market value as new tariffs take effect. Find out which local firms were hit hardest. The stock market posted steep losses on Thursday and Friday as investors reacted to details of the Trump administration's tariff plan – with trillions in value wiped out at publicly traded companies. In the Pittsburgh region, it was another day of billions of dollars in market cap losses.
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2 weeks ago |
bizjournals.com | Joshua Mann |Owen Thomas
The levies on imports to the U.S. are expected to push consumer prices higher — and investors are already backing away from the public companies with the biggest exposure. The stock market posted steep losses on Thursday and Friday as investors reacted to details of the Trump administration's tariff plan — with trillions in value wiped out at publicly traded companies. The Dow Jones industrial average fell nearly 4%, or 1,679 points, on Thursday while the Nasdaq was down nearly 6% or 1,050 points.
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