WASHINGTON (AP) — A new analysis suggests President Donald Trump’s tariffs could increase factory costs by 2% to 4.5%. The analysis highlights potential challenges for domestic manufacturers relying on global supply chains just as the Republican president prepares to announce tariff hikes he says will boost the U.S. economy. While the U.S. stock market shows…… MORE
WASHINGTON (AP) — Two top Federal Reserve officials could dissent from the central bank’s likely decision Wednesday to hold its key interest rate steady, a sign of division reflecting the economy’s muddy outlook as well as the jockeying to replace Chair Jerome Powell when his term ends next year. The division could be a preview…… MORE
OMAHA, Neb. (AP) — Union Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S, and potentially trigger a final wave of rail mergers across the country. The proposed merger, announced Tuesday, would marry Union Pacific’s rail network in the West with Norfolk’s…… MORE
NEW YORK (AP) — If you’re a Microsoft Authenticator user, you’ve probably received at least one notice that the app’s password management features are no longer usable and that your stored passwords will be inaccessible starting Aug. 1 unless you have the Edge browser. Authenticator has been a staple in providing multi-factor authentication, one-time passwords…… MORE
WASHINGTON (AP) — Americans’ view of the U.S. economy improved this month, but Americans remain concerned about the impact of tariffs on their economic futures. The Conference Board said Tuesday that its consumer confidence index rose two points to 97.2 in July, up from 95.2 the previous month. In April, American consumers’ confidence in the…… MORE
Starbucks says it plans to add a cold foam protein drink, coconut water-based beverages and improved baked goods to its menu to help turn around the company’s lagging U.S. sales. In the meantime, slow U.S. demand continues to be a drag on the company’s results. Seattle-based Starbucks reported on Tuesday that its revenue rose 4%…… MORE
MILAN (AP) — Stellantis is forecasting that U.S. tariffs would cost the carmaker $1.7 billion this year. The announcement on Tuesday is five times the hit taken in the first six months of the year when the carmaker tallied losses of $2.65 billion. The maker of Jeep, Chrysler, Fiat and Peugeot cars said that net…… MORE
(WBAP/KLIF) — While the Trump Administration has announced a massive trade deal with the 27-member European Union (EU), many are wondering what the price impact will be on EU products. Experts are dissecting the newly announced trade deal reached with the EU, imposing a 15% tariff on all imports into the U.S. According to Michelle…… MORE
(WFAA) (WBAP/KLIF) – FRISCO, Texas — A Collin County judge Monday issued a sweeping gag order in the Frisco track meet stabbing case, which has drawn national attention. The order, signed by Judge John Roach, bars parties to the case, law enforcement, witnesses, and expert consultants from speaking about the case to the media or…… MORE
NEW YORK (AP) — A shooting at a Manhattan office building left at least five people dead, sources tell the The Associated Press. Sources say the suspect fatally shot himself. Two people briefed on the investigation told the AP the suspect was identified as Shane Tamura, of Nevada. They said law enforcement officials located identification…… MORE
