Articles
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6 days ago |
marketplace.org | Samantha Fields
It’s been a little over a month now of all this back and forth on tariffs. Ever since President Donald Trump first announced them in early April, businesses and consumers have gotten more anxious and pessimistic, according to pretty much every measure. That includes the New York Federal Reserve’s latest Survey of Consumer Expectations, which came out this morning.
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1 week ago |
marketplace.org | Samantha Fields
The services sector continued to expand in April, for the tenth month in a row, according to the Institute for Supply Management. That’s some better-than-expected economic data. But many businesses in the services sector, especially small ones, say they’re concerned about tariffs. And some are already starting to see prices go up. Overall, this was a good report card for the services sector.
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1 week ago |
marketplace.org | Samantha Fields
It’s been almost a month since President Donald Trump announced he was raising tariffs on all Chinese goods to 145% — that was April 9. And one of the places we’re starting to see the impact of that announcement is at U.S. ports. Almost as soon as Trump raised tariffs on China, U.S. importers started canceling orders. James Knightley, chief international economist at ING, said cargo ships that left China after that date are much emptier and there are a lot fewer of them.
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1 week ago |
marketplace.org | Samantha Fields
Nicola Perry has been running her British restaurant and shop, Tea & Sympathy in New York City, for over 30 years. She imports almost everything: baked beans, clotted cream, teas and tea pots. “We've already had lots of emails from purveyors saying the prices are going to go up because of the tariffs,” Perry said. And that means she’ll have to raise prices for her customers. She plans on telling them why.
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2 weeks ago |
marketplace.org | Samantha Fields
Spring is generally the hottest time of year for buying and selling homes. But this year, the market is sluggish. Pending home sales are down year-over-year in most of the country, with the exception of the Midwest, according to new data from the National Association of Realtors. And the latest Case-Shiller data shows home price growth is cooling. In some ways, this spring’s housing market is déjà vu all over again.
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help save the beloved home of @WCAI_NPR. the woods hole community has the chance to buy the historic old captain's house that's long been the station's home, but only if it raises enough money by friday. help make a big difference to a small station: https://t.co/6oHfbcA146
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