Economy

“China exports to U.S. plunge as tariffs hit, leading some experts to warn of product shortages”

“Shipments of goods from China to the U.S. are dropping sharply with the Trump administration’s steep tariffs in place, leading major U.S. retailers to warn about impending supply shortages… At the Port of Los Angeles, which, along with the Port of… Continue Reading…

Economy

“36% of Americans plan to take on debt for summer travel. Here’s why that worries financial experts”

“… …” https://www.cnbc.com/2024/06/29/some-american-plan-to-take-on-debt-for-summer-travel.html This is a bad idea. Now is the time to reduce debt not stack it.

Economy, Personal Finance

“As emergency savings drop and credit card balances rise, experts say taking 3 steps can help”

“Americans have suffered in “declines in overall financial well-being,” according to a new annual Federal Reserve report on economic well-being of U.S. households released last week. Only 63% of all adults can cover an unexpected $400 expense, the report on 2022 found, down from… Continue Reading…