Shoppers browse the frozen food cases at WinCo.Joe Jaszewski | Idaho Statesman | Tribune News Service | Getty ImagesDespite widespread fears to the contrary, President Donald Trump's tariffs have yet to show up in any of the traditional data points measuring inflation.In fact, separate readings this week on consumer and...
Year: 2025
Howard Schultz says he ‘did a cartwheel’ when Starbucks CEO Niccol coined ‘back to Starbucks’ strategy
Former Starbucks CEO Howard Schultz drinks from a Starbucks mug while testifying before a Senate Health, Education, Labor, and Pensions Committee hearing to answer questions about the company's compliance with labor law on Capitol Hill in Washington., U.S., March 29, 2023. Julia Nikhinson | ReutersLAS VEGAS, NEV. โ Former Starbucks CEO...
Vance joins Trump in bashing Powell, says Fed committing ‘monetary malpractice’ by not cutting rates
U.S. Vice President JD Vance speaks, during a tour of Nucor Steel Berkeley in Huger, South Carolina, U.S., May 1, 2025. Kevin Lamarque | ReutersPresident Donald Trump and Vice President JD Vance are now double-teaming the Federal Reserve in an effort to get lower interest rates.In a social media post...
State AGs led by NY’s Letitia James pressure Meta to clean up investment scams on Facebook
New York Attorney General Letitia James speaks during a press conference at the office of the Attorney General on July 13, 2022 in New York City.Michael M. Santiago | Getty ImagesA group of 42 state attorneys general are calling on Meta to curb the rise of investment scams on Facebook...
World Bank sharply cuts global growth outlook on trade turbulence
Cargo shipping containers are loaded with cranes on container ships at the Burchardkai container terminal at the harbour of Hamburg, northern Germany, on June 3, 2025.Fabian Bimmer | Afp | Getty ImagesThe World Bank sharply cut its global economic growth projections Tuesday, citing disruption from trade uncertainty in particular.It now...