NEW YORK (AP) — Global financial markets have been turned upside down this year by President Donald Trump’s burgeoning trade war. Markets are not in full panic, but the double-digit declines in major U.S. stock indexes are testing nerves. U.S. markets had been on a two-year tear coming ...
CK Natural Fruit Juice, a woman-owned wholesale natural food and beverage manufacturing company in Westfield has been named New York’s top small business by the U.S. Small Business Administration. CK Natural Fruit Juice, founded in 2021 by Melissa Baideme, produces juice concentrates and ...
LAKEWOOD - Brendan Halbohm, owner and proprietor of All American Maker, which was recently located at the Chautauqua Mall, is moving his operations back into a Jamestown location. “I just can’t justify the cost,” he said regarding renting mall space. “Most of my business is done online, or at specialty shops and fairs. Plus the cost of everything is going up.” It wasn’t long ago Halbohm set up shop at the Chautauqua Mall, with the hopes of selling more products locally by being in a centralized location with plenty of parking. However, things didn’t go exactly as he ...
NEW YORK (AP) — Among the threats tariffs pose to the U.S. economy, none may be as strange as the sell-off in the dollar. Currencies rise and fall all the time because of inflation fears, central bank moves and other factors. But economists worry that the recent drop in the dollar is so dramatic that it reflects something more ominous as President Donald Trump tries to reshape global trade: a loss of confidence in the U.S. The dollar’s dominance in cross-border trade and as a safe haven has been nurtured by administrations of both parties for decades because it helps keep U.S. ...
NASHVILLE, Tenn. (AP) — China-founded e-commerce sites Temu and Shein say they plan to raise prices for U.S. customers starting next week, a ripple effect from President Donald Trump’s attempts to correct the trade imbalance between the world’s two largest economies by imposing a ...
The average rate on a 30-year mortgage in the U.S. climbed to its highest level in eight weeks, a setback for home shoppers in the midst of the spring homebuying season. The rate rose to 6.83% from 6.62% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.1%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also rose. The average rate increased to 6.03% from 5.82% last week. It’s still down from 6.39% a year ago, Freddie Mac said. Mortgage rates are influenced by several factors, including ...
