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Adidas warns it will raise prices on all U.S. products due to tariffs

Customers shop in an Adidas store on April 4, 2025 in Miami, Florida.   Joe Raedle | Getty Images Sportswear giant Adidas on Tuesday said that U.S. President Donald Trump’s tariffs would result in price hikes for all its U.S. products. The company said it did not yet know by how much it would boost prices, … Read more

BP posts sharp fall in first-quarter profit on weaker oil prices

British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024. Nurphoto | Nurphoto | Getty Images British oil giant BP on Tuesday posted slightly weaker-than-expected first-quarter net profit, following a recent strategic reset and a slump in crude prices. The beleaguered oil and gas major posted … Read more

Shein hikes US prices as much as 377% ahead of tariff increases

Fast-fashion giant Shein Group Ltd. raised US prices of its products from dresses to kitchenware ahead of imminent tariffs on small parcels, in an early sign of the potential effect of the trade war on American consumers. Most of the hikes in US prices came on Friday, with markups significantly higher in some categories than … Read more

Tesla hikes Canadian prices and pushes its pre-tariff inventory

Tesla Inc. is raising prices in Canada and encouraging buyers to snap up cars imported before counter-tariffs were imposed on US-made vehicles. The electric carmaker’s Canadian website featured a banner on Saturday which said: “Explore pre-tariff priced inventory while supplies last.” After President Donald Trump imposed sweeping tariffs on Canadian goods last month, including 25% on vehicle content produced … Read more

Amazon sellers hike prices of goods after Trump’s China tariffs

A person works at the Amazon warehouse, busy on Prime Day, in Melville, New York, July 11, 2023. Soren Larson | Reuters For 10 years, Aaron Cordovez has been selling kitchen appliances on Amazon. Now he’s in a bind, because most of his products are manufactured in China. Cordovez, co-founder of Zulay Kitchen, said his … Read more

As Bitcoin and altcoin prices rise, should you sell in May and go away?

Bitcoin and altcoin prices continued their recovery, and are on track for their best weekly close since January. The Bitcoin (BTC) price has jumped for three consecutive weeks and is now 28% above its lowest level this month. Most altcoins have also jumped, with the best weekly performers being Official Trump (TRUMP), Sui (SUI), Dogwifhat … Read more

3 in 4 Americans think Trump’s trade policies will increase prices: ‘This whole tariff war is just a losing situation’

Americans’ trust in President Donald Trump to bolster the U.S. economy appears to be faltering, with a new poll showing that many people fear the country is being steered into a recession and that the president’s broad and haphazardly enforced tariffs will cause prices to rise. Roughly half of U.S. adults say that Trump’s trade policies will … Read more

Windsurf slashes prices as competition with Cursor heats up

AI coding assistant startup Windsurf cut its prices “across the board” it announced on Monday, touting “massive savings” for its users as competition with its rival Cursor intensifies. Windsurf said it’s getting rid of its complex system of “flow action credits,” which charged developers for actions its AI did in the background. It’s also cutting … Read more

Ryanair CEO Michael O’Leary hints at fare cuts after ‘significantly’ hedging low fuel prices amid tariff turmoil

Donald Trump’s tariff war has sent markets spiraling and threatens to upend global supply chains. But if you’re Ryanair CEO Michael O’Leary, a potential global economic crisis is just another profit-making opportunity. O’Leary told the Financial Times that Ryanair had “very significantly extended” its fuel hedges over the coming two financial years at “dramatically lower … Read more

Will Coca-Cola’s Q1 results benefit from demand recovery and higher prices?

The Coca-Cola Company (NYSE: KO) is all set to report results for the first quarter of 2025, relying on its all-weather strategy to navigate headwinds like high input costs and changing customer behavior. Its strategic approach to packaging and pricing ensures accessibility across all customer segments, from high-income consumers to those on a budget. While … Read more

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