Tariff Shockwaves Reshape Trade and Costs
How far will newly expanded US tariffs ripple through the economy? The Trump administration just broadened 50% steel and aluminum tariffs to 407 more product categories—from fire extinguishers and
Ben Carter is a staff writer at P&L, covering markets, dealmaking, and public companies. He previously worked in equity research, focusing on valuation, earnings, and IPOs.
How far will newly expanded US tariffs ripple through the economy? The Trump administration just broadened 50% steel and aluminum tariffs to 407 more product categories—from fire extinguishers and
US and global markets lost their footing as Big Tech dragged down indexes and investors braced for policy signals from the Federal Reserve. The Nasdaq slid over 1.4% after
What’s fueling persistent inflation in the UK—and how does it hit everyday life? UK inflation accelerated to 3.8% in July—the highest since January 2024 and slightly
Which foods will cost more first? For shoppers, tariffs aren't an abstract policy—they impact what's on the table. Coffee, olive oil, wine, chocolate, and spices
Is the market bracing for a consumer squeeze? The verdict is mixed, but caution is the mood of the week. Major indices—the Dow, S&P 500, and Nasdaq—
Are American paychecks really recovering? Not quite. Wage data from Bankrate shows wages have risen 21.5% since 2021, but that lags behind 22.7% inflation, leaving the average worker
Is the era of tranquil inflation coming to an end? The steady drumbeat across recent reports points to a looming shift: while consumers have so far dodged the worst of
Why is China’s $11 trillion stock market a global headache? Despite a 28% year-to-date rebound, Chinese equities are reeling from decades of meager returns, eroding household trust and pushing
Are tariffs finally landing where it hurts? The narrative that tariffs would spare American consumers is running out of road. The July PPI spike was especially acute in categories like
Can stocks rally while rate-cut dreams fade? The S&P 500 eked out its third record close in a row last week, while the Dow and Nasdaq flirted with
Is inflation quietly regaining a foothold? July's Producer Price Index (PPI) shocked by surging 0.9% month-over-month—the fastest climb in three years—with the annual rate hitting
Can a court opinion move global portfolios? The answer may soon be yes—or at least, investors can’t afford to ignore it. The International Court of Justice (ICJ) issued