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Apr 23, 2025

Say goodbye to affordable clothing

The apparel sector will be hit hard by tariffs. Plus, a deep dive into ESG backlash from “How We Survive.”

Services make up more than two thirds of the U.S. economy. Here's how tariffs could affect them.
by Justin Ho
Madeleine Hordinski/The Washington Post via Getty Images
Services also account for about a third of U.S. exports.
New home sales show strength in March
by Matt Levin
Dave Einsel/Getty Images
Sales rose nearly 8% compared to a year earlier.
Community banks remain resilient through uncertainty
by Kai Ryssdal and Nicholas Guiang
Tax Credits/Flickr
Through uncertainty about the economic future of the U.S., community banks remain resilient and reliable safe haven as consumers look to save their money.
The Numbers
by Kai Ryssdal
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Tariffs will have an outsized impact on the apparel industry
by Kristin Schwab
Michael M. Santiago/Getty Images
It won’t be easy to move clothing assembly — or the manufacturing of fabric, buttons and zippers — to the U.S.
ESG backlash: A brief history
by Amy Scott and Sophia Paliza-Carre
The attack on ESG in many ways started in Texas, when a fellow at a conservative think tank, funded by the fossil fuel industry, drafted the country’s first anti-ESG law. SB-13 prohibits local governments and pension funds from with financial firms found to be “boycotting” oil and gas companies. The legislation became a model for other conservative states, and helped fuel the movement to end so-called “woke” investing.
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