As Tariffs Lead to Price Hikes, Thrifting Becomes an Option

Chinese Americans Brace for Curtailed Trade With China

As the trade war between the United States and communist China continues to unfold, many Chinese Americans—who often base their small businesses on imports from China—are weighing their options. Some expect to survive the price hikes, some will consider sourcing their goods elsewhere in Asia, and still others are pondering closing down. Since entering office, President Donald Trump imposed a slew of so-called reciprocal trade measures on China t…

As tariffs lead to price hikes, thrifting becomes an option

Advocates say thrift shopping is inflation and tariff-proof, since the goods are donated.

Should you buy before tariffs hit?

To panic purchase or not to panic purchase? That is the question, as uncertainty over President Trump's tariffs — and the future prices of consumer goods, from electronics to appliances to clothing — persists.Since the situation on tariffs, including when they apply and how much they run, is seemingly evolving by the day, it can understandably feel difficult to know exactly what effects these taxes on foreign goods may have. However, "one thing …

Survey finds consumers sour on the economy, personal incomes amid uncertainty - WDET 101.9 FM

A new survey by the University of Michigan finds confidence in the U.S. economy is steadily eroding.Researchers say the widely-watched Consumer Sentiment Index has shown a sharp decline throughout this year.The director of the survey, Joanne Hsu, told WDET those responding have a somber view of the nation’s financial future.Listen: Consumer Sentiment Index highlights widespread anxiety amid economic uncertainty https://wdet.org/wp-content/upload…

Tariffs, inflation and leery customers are hitting retailers in different ways

Retailers are trying to navigate their way through economic uncertainty in 2025. Tariffs, inflation and lingering fears of a recession have left many Americans uneasy and pulling back on spending.

Ayush Babel, Director of Quantitative Research at WisdomTree, explains that CoCos remain attractive in a high-tariff environment In the current uncertain economic landscape, where tariff concerns dominate headlines and market volatility has skyrocketed again, investors are rightly looking for resilient investment opportunities. Contingent convertible bonds (CoCos) of Additional Level 1 (AT1) in the banking sector present a case to be taken into …