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News & Articles By Laura Harris
08/04/2025
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By Laura Harris
AB InBev shares tumble 12% as Q2 sales miss expectations amid weak demand in China, Brazil
AB InBev shares fell 12 percent after the company reported weaker-than-expected Q2 results, with revenue of $15.00B missing estimates despite a modest three percent year-over-year increase. Global volumes fell 1.9 percent, with beer volumes down 2.2 percent. China and Brazil were key drags, posting 7.4 percent and 6.5 percent volume drops respectively. The brand remains […]
07/30/2025
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By Laura Harris
Trump issues 10-day ultimatum to Putin, threatens sweeping tariffs over Ukraine war
President Donald Trump shortened his original peace deadline for Russia from 50 days to 10, warning of sweeping sanctions if Moscow doesn’t reach a deal with Ukraine. The proposed penalties include 100 percent tariffs on Russian imports and secondary sanctions on nations and companies that continue trading with Russia. Kremlin spokesperson Dmitry Peskov said Russia […]
07/27/2025
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By Laura Harris
U.S. jobless claims fall for sixth straight week, hitting three-month low
First-time unemployment claims fell for the sixth straight week to 217,000, the lowest since April, signaling continued resilience in the labor market. Despite strong headline numbers, private-sector job growth has slowed significantly, with only 74,000 jobs added in June, prompting concerns of a gradual labor market cooling. The number of people receiving ongoing unemployment benefits […]
07/25/2025
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By Laura Harris
Trump announces “massive” trade deal with Japan: Lower 15% import tariffs in exchange for $550 billion investment
U.S. President Donald Trump announced a landmark trade agreement with Japan, calling it “the largest trade deal in history,” which imposes a flat 15 percent tariff on all Japanese goods entering the U.S., including automobiles. In exchange, Japan has pledged to invest $550 billion into U.S. infrastructure, energy and manufacturing projects – a key component […]
07/24/2025
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By Laura Harris
Trump floats ending capital gains tax on home sales
President Donald Trump signaled support for eliminating the federal capital gains tax on primary home sales, calling it a potential fix for housing market stagnation. Under current law, homeowners can exclude up to $250,000 ($500,000 for couples) in home sale profits – caps that haven’t changed since 1997 despite rising home values. A National Association […]
07/23/2025
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By Laura Harris
Trump warns BRICS over dollar challenge, threatens 10% TARIFF on member nations
President Donald Trump warned that BRICS nations would face a 10 percent tariff on all imports if they continue efforts to weaken the U.S. dollar’s global dominance. Trump called the U.S. dollar a critical strategic asset, likening its loss as the world’s reserve currency to losing a world war. Trump dismissed BRICS as “fading out […]
07/22/2025
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By Laura Harris
U.S. retaliates against Mexico with new flight restrictions amid aviation dispute
The U.S. Department of Transportation (DOT) imposed new restrictions on Mexican airlines, citing Mexico’s failure to comply with the 2015 U.S.-Mexico Air Transport Agreement. Since 2022, Mexico has cut hourly flight movements at Mexico City’s Benito Juárez Airport and forced U.S. cargo carriers to relocate to a less favorable airport, moves the DOT said were […]
07/19/2025
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By Laura Harris
FDA ends exemptions for small shipments, tightens oversight on ALL IMPORTS
The Food and Drug Administration (FDA) has rescinded previous guidance that allowed certain FDA-regulated products under the $800 de minimis threshold to bypass full regulatory review. As of July 9, all FDA-regulated imports, regardless of value or quantity, must be submitted for full FDA screening. The FDA cited improvements in data-sharing and electronic processing as […]
07/19/2025
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By Laura Harris
Trump announces 30% tariffs on imports from Mexico and EU
President Donald Trump declared that starting Aug. 1, the U.S. will impose a 30 percent tariff on all imports from Mexico and the European Union (EU), citing national security and trade imbalances. In a letter to Mexico’s president, Trump blamed Mexico’s failure to stop drug cartels and fentanyl trafficking as justification for the tariffs, despite […]
07/19/2025
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By Laura Harris
China condemns U.S. sanctions bill targeting Russia trade, calls 500% duties “illegal” and harmful to peace efforts
Beijing strongly criticized a proposed U.S. bill allowing President Donald Trump to impose up to 500 percent secondary tariffs on countries trading with Russia, calling it a breach of international norms and an act of economic coercion. Senators Lindsey Graham (R-SC) and Richard Blumenthal (D-CT) introduced the bill to increase pressure on Russia over its […]
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