News

For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's ...
As of June 2025, the average effective tariff rate on U.S. imports stood at 8.9%, well below the firm’s 16% baseline expectation. However, duties collected between January and June already totaled $94 ...
The Trump administration started applying the reciprocal tariff on different countries from August 7 this year, after nearly five months of consultation.
South Africa is battling to negotiate reduced terms after the US unilaterally imposed “reciprocal” tariffs on allies and rivals alike. Many goods that South Africa sends to the US are now subject to a ...
Reserve Bank sees potential for two further OCR cuts by early next year and warns cautious behaviour by households and ...
Gain key insights from Estée Lauder's fiscal 2025 earnings call, covering leadership transformation, travel retail recovery, growth strategies, and ...
The average freight rate per TEU fell to $1,479 from $1,674 in Q2 2025, indicating significant pricing pressure. Net income (GAAP) declined to $24 million from $373 million year over year in Q2 2025, ...
Sony has announced a significant price increase for its PlayStation 5 consoles in the United States, raising the price of all models by $50 ...
Trump and his supporters have claimed that far from the apocalyptic collapse many mainstream economists foresaw under the new tariff regime, the US economy has remained robust. We evaluate this claim ...