Tag:

Economic Impact

Amazon Won't Show Tariff Price Hikes After 'Pissed' Trump Reportedly Calls Jeff Bezos Amazon Won't Show Tariff Price Hikes After 'Pissed' Trump Reportedly Calls Jeff Bezos
Amazon Won't Show Tariff Price Hikes After 'Pissed' Trump Reportedly Calls Jeff Bezos Amazon is denying that it planned to show US tariffs on product listings, after a report sparked backlash from the White House and an angry phone call from President Donald Trump to billionaire Jeff Bezos. The online retail giant refuted a report from Punchbowl News that said Amazon would show how Trump's tariffs are raising prices on many goods. The political news website reported that Amazon would "display how much of an item’s cost is derived from tariffs – right next to the product's total listed price" at checkout. Amazon said the idea was only floated for the compa…
Egg Prices Now Expected To Rise Twice As High As Earlier Projections In 2025 Egg Prices Now Expected To Rise Twice As High As Earlier Projections In 2025
Egg Prices Now Expected To Rise Twice As High As Earlier Projections In 2025 Egg prices are now expected to jump in price in 2025 by more than double earlier projections. Click here for a new, updated story - Grocery Shoppers Pivot As Inflation Reshapes Spending Initial estimates by the USDA predicted a 20-percent increase just a month ago. With a nationwide shortage due to bird flu which has reduced egg-layer flocks and egg production, a 41-percent increase is now expected this year, the USDA says. The price of a dozen eggs, at around $5 on average, is up nearly 100 percent from last year. About 18.8 million commercial egg layers were affected by the bir…
Mass Deportations Could Lead To Salary Increases In These States Mass Deportations Could Lead To Salary Increases In These States
Mass Deportations Could Lead To Salary Increases In These States Mass deportations could significantly impact wages in states heavily reliant on foreign labor, according to new research.  An Oxford study suggests that removing a substantial number of immigrant workers may lead to labor shortages, compelling employers to increase salaries to attract native-born workers, Newsweek reports. The states most likely to be affected are New York, New Jersey, California, Florida, and Texas, the report said, because those states have large immigrant populations and economies that depend on foreign labor in sectors such as agriculture, construction, and hospita…
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