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 Looks To Protein Drinks And Other New Products To Turn Around Lagging US Sales
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
Stellantis CEO Targets US Turnaround As Carmaker Faces $1.7 Billion Hit From Tariffs This Year
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
Experts Dissect Trade Deal with the EU
(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
Sweeping Gag Order For Collin County Track Meet Stabbing Case
(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