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Visa and Mastercard announced Monday that they reached a proposed settlement that would lower charges that merchants pay to the credit card networks. While those fees are paid by the store every time a customer makes a transaction, they often get passed onto consumers through higher costs for goods and services. These fees are commonly referred […]
new video loaded: How Tariffs Will Affect This Unique Cheese By Eshe Nelson, Nikolay Nikolov, Laura Salaberry, Emli Bendixen and Jon Hazell•August 20, 2025 Stilton is a special type of blue cheese that can be made in only three English counties. There are just four producers of Stilton left, but this one was crowned best […]
The retail industry is breathing a sigh of relief after it appeared to avoid the worst case scenario on Vietnam tariffs. But some executives believe the tentative trade deal President Donald Trump announced Wednesday is still bad for business and could have a chilling effect on consumer spending. “It’s a lot better news than where […]
This content contains affiliate links. When you buy through these links, we may earn an affiliate commission. Welcome to Today in Books, our daily round-up of literary headlines at the intersection of politics, culture, media, and more. Brace Yourself for Tariff Impacts on Books Trump’s so-called Liberation Day arrived on April 2, planned after April […]
President Trump on Saturday formally enacted sweeping tariffs on Canada, Mexico and China, fulfilling a long-promised threat to force America’s closest trading partners to pony up. Canada and Mexico will be hit with a 25% tariff on all imports, while Chinese products will receive a more modest 10% tariff. The US will also impose 10% tariffs on […]
A Macy’s store is seen at Herald Square on December 11, 2023 in New York City. Michael M. Santiago | Getty Images Inflation may have cooled, but retailers are still staring down a holiday season with plenty of uncertainty. Several hard-to-predict factors will influence consumers’ spending, as they deck the halls and look for the […]
