The sales forecast for folders, pencils and spiral notebooks isn’t looking too hot this year.
President Donald Trump signaled that the baseline import tax on goods from most countries could be higher than the 10% in place for the last few months — it could be 15% or 20%. He also threatened new tariffs against Canada starting next month.
A new survey from Deloitte shows that people expect the economy to weaken and are planning to spend less this fall.
Bankers are becoming concerned about some borrowers' ability to repay. As a result, many are taking a harder look at the loans they make.
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