September's inflation report came in cooler than expected, but the details show a mixed picture. Let's break it down. Gas prices were a big story again, up just over 4% last month, but on a year-over-year basis, prices actually came down.So, that suggests we may see some more easing. Food prices did keep climbing, but they've also started to moderate from earlier this year. Another good sign.And housing inflation cooled with owner's equivalent rent, which is basically the hypothetical rent a homeowner would ...

Donald Trump’s decision to sanction Colombia's Gustavo Petro is hardly the worst outcome for businesses that were bracing for economy-crushing tariffs. https://t.co/8KRVSVmivg ...

President Trump ran on the promise of putting America first, but American beef ranchers are saying his latest move does the opposite. On Wednesday, the White House announced plans to quadruple beef imports from Argentina at a lower tariff rate over the objections of American cattle ranchers. That decision comes alongside a $20 billion currency swap meant to prop up Argentina's struggling currency. Administration officials say the goal is to ease rising beef costs. But critics call it a political favor tied ...

Economic Overview - The artificial intelligence (AI) boom is creating a disconnect between Wall Street and the real economy, with small businesses like Norton's Florist facing challenges that are not reflected in macroeconomic data [1][3][10] - Total U.S. GDP increased at an annual rate of 3.8% in Q2 2025, rebounding from a 0.5% decline in Q1 [4] Small Business Challenges - Small businesses are struggling with higher costs due to tariffs and reduced consumer spending, leading many to operate in "survival mode" [2][13] - Norton's Florist generated $4 million in revenue last year and has had to creatively manage costs without raising prices [3][15] Impact of Tariffs - Trump's tariffs are projected to cost global businesses over $1.2 trillion in 2025, with most costs passed onto consumers [16] - Approximately 80% of cut flowers in the U.S. are imported, making local businesses vulnerable to rising import costs [15] Consumer Sentiment - A Deloitte survey indicates that 57% of U.S. consumers expect economic weakening, a significant increase from 30% a year ago [17] - Gen Z consumers plan to spend an average of 34% less this holiday season compared to last year, while Millennials expect to spend 13% less [18] Employment Trends - Seasonal hiring in the retail industry is expected to reach its lowest level since the 2009 recession, with new hiring down 58% from the previous year [19] - Major companies like Starbucks and Wyndham Hotels & Resorts are experiencing layoffs and disappointing earnings due to a challenging macroeconomic environment [20][21] AI and Market Discrepancies - Eight tech companies tied to AI are valued at over $1 trillion, comprising about 37% of the S&P 500, with Nvidia alone accounting for over 7% of the benchmark's value [6][7] - Despite the AI boom, sectors like consumer discretionary and staples have seen minimal growth, increasing less than 5% year to date [8] Future Outlook - Experts suggest that while AI is driving GDP growth, there may be underlying weaknesses in other sectors of the economy [10][12] - The integration of AI into businesses is expected to be a gradual process, requiring time and adaptation rather than immediate results [23]

Tariffs and Climate Change Push Coffee Prices Up https://t.co/fh6ZE49VsM ...

Core Points - President Trump has announced the termination of all trade negotiations with Canada due to a controversial advertisement that criticized U.S. tariffs, which was sponsored by Ontario [1][12] - Canadian Prime Minister Mark Carney plans to double exports to countries outside the U.S. in response to the tariffs, indicating a shift in Canada's trade strategy [2][15] - Ontario Premier Doug Ford decided to pause the advertisement campaign after discussions with Carney, aiming to resume trade talks [3][4] Trade Relations - The advertisement, which featured former President Reagan's words, was intended to spark a conversation about the economic impact of tariffs on American workers and businesses [4][6] - The Ronald Reagan Presidential Foundation criticized the ad for misrepresenting Reagan's stance on tariffs and is considering legal action [8][9] - More than 75% of Canadian exports are directed to the U.S., with approximately $3.6 billion Canadian ($2.7 billion U.S.) worth of goods crossing the border daily [15] Economic Impact - Trump's tariffs have significantly affected Canada's auto sector, particularly in Ontario, leading to production shifts, such as Stellantis moving a production line from Ontario to Illinois [19] - Ontario's government allocated $54 million (about $75 million Canadian) for the advertisement campaign, which aired across multiple U.S. television stations [6][17] - The ongoing trade tensions and tariff policies have created a challenging environment for Canadian businesses, prompting a reevaluation of trade strategies [2][14]

Core Viewpoint - General Motors (GM) reported strong third-quarter results, leading to a 15% increase in stock price, despite challenges in the automotive industry, including tariffs and a slowdown in electric vehicle (EV) sales due to the removal of the federal tax credit [2][6]. Financial Performance - GM achieved a third-quarter operating profit of $3.1 billion on revenue of $48.6 billion, surpassing analysts' expectations of $2.7 billion in operating profit on $45 billion in revenue [5]. - The company raised its full-year operating profit guidance to between $12 billion and $13 billion, an increase from the previous range of $10 billion to $12.5 billion, although this is still a decline from nearly $15 billion in the prior year [6]. Market Dynamics - GM's U.S. market share reached its highest level since 2017, driven by strong sales of full-size trucks and SUVs [3]. - Despite the challenges in the EV market, new car sales were 4% higher through August compared to the previous year, with the average transaction price for new vehicles rising to $50,000 in September [9]. Tariff Impact - The estimated impact of tariffs on GM is projected to be between $3.5 billion and $4.5 billion in 2025, which is $500 million better than previous estimates [7]. - The company took $1.6 billion in write-downs related to EV assets, indicating that anticipated profitability from EV investments may not materialize as expected [8]. Investment Outlook - GM is viewed as a capable player in navigating the complexities of the automotive industry, with strong demand for its fleet and a low price-to-earnings ratio of 10, making it an attractive option for investors [11].

Malaysia said it is negotiating for chips to be spared from President Donald Trump’s tariffs as it prepares to close a trade agreement with the US on Sunday https://t.co/DlaeiDQ8kQ ...

President Donald Trump said he expected to meet with Brazilian President Luiz Inacio Lula da Silva during his trip to Asia and that he was open to reducing tariffs on Brazil https://t.co/jypdjvP9tX ...

Core Insights - Deckers Outdoor Corporation (NYSE:DECK) is facing challenges in a competitive market, with Telsey Advisory maintaining a "Market Perform" rating and a revised price target of $105, down from $120 [2][6] - The company's stock price has declined by 12.7% following the release of its fiscal Q2 report, despite exceeding earnings per share and revenue expectations [2][3] - Concerns over slowing growth in the Hoka brand and a softer U.S. market have led to downgrades from multiple Wall Street firms [3][6] Financial Performance - Deckers reported fiscal Q2 earnings of $1.82 per share, surpassing estimates, but the full-year revenue guidance fell short of Wall Street expectations [3][5] - The company now projects full-year sales of approximately $5.35 billion, which is below the consensus forecast by analysts [5] Brand Performance - Hoka's growth is projected to be in the low-teens percentage range for fiscal 2026, a significant decrease from the 24% growth seen in the previous year [4] - Ugg is expected to grow in the low to mid single-digit percentage range, down from a 13% growth rate in the prior year [4] Market Conditions - The U.S. market is described as softer, with CEO Stefano Caroti noting a more cautious consumer base due to tariffs and rising prices [5][6] - The company is considering mitigation strategies, such as promotions, to attract shoppers amid these challenges [5][6]