Oil companies are navigating break-even prices on crude oil. Plus, the global economy can’t quit the U.S. dollar and the U.S. won’t throw out synthetic food dye overnight.
We’ll hear from small business owners and a drayage company about how tariffs are affecting their sectors. Plus, a recap of this week’s economic news with Greg Ip from the Wall Street Journal and Ana Swanson of the New York Times.
Amid economic uncertainty — or even an economic downturn — businesses are hesitant to invest in new technology. That’s bad news for productivity. Plus, what “rebalancing” the global economy actually means.
Economists expect we’re in for a GDP contraction in tomorrow’s report from the Bureau of Economic Analysis — and that data pre-dates the actual rollout of “Liberation Day” tariffs. Plus, the trade deficit and mini-retirements.
“Closing was very emotional,” said Savannah Melendez of Anchorage, Alaska. “I remember at one point looking over and seeing tears in my mom's eyes, and that I had to bite my cheeks to not cry with her.”
Local lenders who rely on the federal program are bracing for the potential loss. Plus, a first-time homebuyer in Anchorage, Alaska, and other world leaders who have championed tariffs.
