Fallston
Pleasant Hills
Your Local News for Fallston and Pleasant Hills, Maryland
Subscribe
Subscribe
Monday, jun 8
70°
News
Schools
Business
Obituaries
Police & Fire
Weather
Lifestyle
Politics
Sports
Traffic
Real Estate
Tags
Jobs
Shop
Support Us
Fallston
Pleasant Hills
Subscribe
News
Schools
Business
Obituaries
Police & Fire
Weather
Lifestyle
Politics
Sports
Traffic
Real Estate
Tags
Jobs
Shop
Support Us
Home
About us
All sites
Advertise with us
Contact us
Terms of use
Privacy policy
Code of ethics
Site Map
© 2026 Cantata Media
70°
Monday, jun 8
Business
'Trump Always Chickens Out': Hear His Response To Wall Street's '
Taco
' Trade Strategy
Economists say Wall Street just experienced a "TACO" Tuesday, but it had nothing to do with tortillas or salsa. Traders and other stock market watchers have been discussing what's called the "TACO" trade strategy. TACO is an acronym that stands for "Trump Always Chickens Out," a reference to President Donald Trump's constantly changing tariff threats and retreats. Financial Times columnist Robert Armstrong has been widely credited with creating the TACO nickname earlier in May. "The recent rally has a lot to do with markets realising that the US administration does not have a very hig…
News
Covid-
19: Strain Behind New China Surge Now Surfacing In US, CDC Says
A new strain of COVID-19 gaining traction overseas is now being detected in the United States, according to health officials tracking the virus. Click here for a new, updated story: COVID-19: Here Are Symptoms Of New Variant Sparking China Surge Now Surfacing In US Airport screenings have identified cases of the NB.1.8.1 variant — the same strain linked to a surge in infections in China — among international travelers arriving in several US states, CBS News reports. The variant has been found in passengers tested at airports in the New York City area, California, Virginia, and Washington…
Business
Trump Reignites Trade War With EU, Threatens Apple With iPhone Tariffs
President Donald Trump issued new tariff threats against the European Union and Apple, relaunching trade feuds that have shaken the US economy throughout 2025. Trump threatened the EU with a 50% tariff in a post on his social media platform Truth Social on Friday, May 23. He claimed the higher duties would go into effect on Sunday, June 1. The President accused the EU of being "difficult to deal with" in trade negotiations. "Our discussions with them are going nowhere!" Trump posted. "Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025. There …
Business
Trump Tells Walmart to ‘Eat the Tariffs’ After CEO Says Price Hike Coming
Two days after America’s largest retailer, Walmart, said it would raise prices to cover the cost of President Donald Trump’s tariffs, the president responded with a three-word retort: “Eat the tariffs.” In an earnings call on Thursday, May 15, Walmart CEO Doug McMillon told investors that the company would likely need to increase prices on groceries and general merchandise, despite a 2.5 percent increase in first-quarter earnings for 2025. “We will do our best to keep our prices as low as possible,” he said, according to MarketWatch. “But given the magnitude of the tariffs, even at the redu…
Real Estate
Spring Housing Market Slumps Under Trump's Tariffs, Builders Warn
Homebuilders are warning about a slow spring due to President Donald Trump's sweeping tariffs and high interest rates, according to a new survey. Builder confidence dropped sharply in May, falling to 34 on the National Association of Home Builders/Wells Fargo Housing Market Index released on Thursday, May 15. That's down six points from April, matching the low from November 2023 and marking the worst reading since December 2022. In the Northeast, sentiment slipped three points to 44 on a three-month moving average. A score above 50 means more builders see conditions as good than p…
Business
Walmart Raising Prices Due To Trump's Tariffs, CEO Says: Here's What's More Expensive
Executives at Walmart are warning that the retail giant will raise prices on many everyday items due to President Donald Trump's sweeping tariffs. Walmart will hike the costs of many grocery items and general merchandise, CEO Doug McMillon said during an earnings call on Thursday, May 15. The announcement comes as Walmart's revenue rose 2.5% in the first quarter of 2025. McMillon said the chain can't swallow the greater costs caused by Trump's tariffs. "We're positioned to manage the cost pressure from tariffs as well or better than anyone, but even at the reduced levels, the hig…
Business
Retail Sales Stall In April Amid Trump's Tariffs And Slowing Demand, New Data Says
April's retail sales flatlined as Americans pulled back on spending, the latest sign that trade tensions under President Donald Trump's tariffs are taking a toll on the US economy. Total retail and food service sales rose just 0.1% in April, compared to March's 1.7% surge, the U.S. Census Bureau said on Thursday, May 15. April's monthly gain was within the margin of error (+/- 0.5%), suggesting no meaningful growth. From February to April, total sales rose 4.8% compared to the same period in 2024. The healthy gains appear to be slowing down after consumers rushed in February and March …
Business
Inflation Holds Steady, Grocery Prices Drop As Trump's Trade Policies Cloud Outlook
Inflation was relatively flat as President Donald Trump's sweeping tariffs went into effect in April, with lower grocery prices helping keep overall costs in check. Monthly inflation increased just 0.2% from March, the Bureau of Labor Statistics said on Tuesday, May 13. Consumer prices rose 2.3% from April 2024, the smallest yearly inflation since February 2021. The annual inflation number was slightly below the 2.4% Dow Jones forecast, CNBC reported. Wall Street didn't react much to the consumer price index (CPI) data, with stocks and Treasury yields staying relatively unchanged when …
Business
Apple Could Be Raising iPhone Prices Soon, Report Says
Apple is considering a price increase for its new iPhone models scheduled for release this fall, according to a brand-new report. The price hike would coincide with anticipated enhancements in features and design modifications, The Wall Street Journal reports. Sources familiar with the matter indicate that the technology giant is strategically evaluating this move to ensure it aligns with the launch of new, ultra-thin designs, The Journal reported. The company is distancing itself from any direct association between the potential price hikes and the ongoing US tariffs on Chinese imports, …
Business
US, China Cut Tariffs In 'Substantial De-Escalation' Of Trump's Trade War
The US and China are stepping back from extremely high retaliatory tariffs placed on each other, lowering the duty rates to ease tensions and negotiate a potential trade deal. The White House announced the tariff-lowering agreement on Monday, May 12. Both countries will reduce their tariffs to a baseline 10% rate, with the US continuing to impose its 20% tariff on China related to fentanyl. The drastic reduction comes after President Donald Trump dramatically raised tariffs on Chinese imports to a combined 145%, causing Beijing to retaliate with a 125% tariff on US goods. The agreement also…
Politics
US, China Reach Breakthrough On Trade Deal After Geneva Talks: White House
After two days of intense, high-stakes negotiations in Geneva, the United States and China have reached a breakthrough on a new trade agreement aimed at easing tensions and addressing the $1.2 trillion trade deficit, the White House announced. Secretary of the Treasury Scott Bessent and US Trade Representative Ambassador Jamieson Greer announced the deal on Sunday, May 11, following face-to-face meetings with Chinese officials in Switzerland. BREAKING: U.S. Announces China Trade Deal in Geneva pic.twitter.com/JjgvYAvAGe — The White House (@WhiteHouse) May 11, 2025 “I’m happy to report …
Politics
Trump Declares 'Total Reset' After Trade Talks With China
President Donald Trump hailed significant advancements in trade negotiations with China, describing the discussions over the last couple of days as a “total reset” following weeks of escalating tensions between the world’s two largest economies. While specifics about the progress were not disclosed by Trump or US Treasury Secretary Scott Bessent, who is leading the discussions in Geneva, Switzerland, the talks are ongoing. In a post on Truth Social early Sunday, May 11, Trump said: “A very good meeting today with China, in Switzerland. Many things discussed, much agreed to. A total reset ne…
Next Page
Archive
70°
