Michael Barclay

1 week ago | qz.com | Michael Barclay

The trade war agreement won’t be enough to avoid price hikes, a Federal Reserve governor said Monday. Suggested ReadingHow Trump’s tariffs could make your iPhone cost $3,500Suggested Reading“Trade policies are evolving and are likely to continue shifting,” Fed governor Adriana Kugler said during a speech in Dublin in one of the biggest understatement’s of the year so far.

1 week ago | finance.yahoo.com | Michael Barclay

Adriana Kugler, Federal Reserve governor - Photo: Drew Angerer (Getty Images) The trade war agreement won’t be enough to avoid price hikes, a Federal Reserve governor said Monday. “Trade policies are evolving and are likely to continue shifting,” Fed governor Adriana Kugler said during a speech in Dublin in one of the biggest understatement’s of the year so far. Kugler said high tariffs would “primarily act as a negative supply shock,” spurring inflation, decreasing wages, and lowering growth.

1 week ago | finance.yahoo.com | Michael Barclay

Photo: Bryan Steffy (Getty Images) American Bitcoin, a new crypto mining operation started by Eric Trump, Donald Trump Jr., and data-center operator Hut 8, is merging with Gryphon Digital Mining in a stock-for-stock transaction, placing it in a position to go public on the Nasdaq by the third quarter of 2025.

1 week ago | qz.com | Michael Barclay

The U.S. travel business may be in for some good news, for a change: AAA forecasts that a record number of Americans have plans for domestic travel during the upcoming Memorial Day weekend, with 45.1 million people planning to hit the road or catch a flight.

1 week ago | yahoo.com | Michael Barclay

The U.S. travel business may be in for some good news, for a change: AAA forecasts that a record number of Americans have plans for domestic travel during the upcoming Memorial Day weekend, with 45.1 million people planning to hit the road or catch a flight. It’s a welcome respite from reports that the rest of the world, including Canada, is avoiding travel to the U.S. amidst fears of detention or in protest of Donald Trump’s trade wars.