Tariffs

Autos

GM Dividend Hike, $6B Stock Buyback Show ‘Heartbeat of America’ Strategy Paying Off

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General Motors faces another speed bump thanks to a recent deal that will allow thousands of Chinese EVs into Canada.

2 min read

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Consumer

Procter & Gamble Lathers Up a Turnaround

While P&G has seen low demand for a wide swath of products, not everything in its portfolio was in the red.

2 min read
Photo via Tschaen Eric/ZUMAPRESS/Newscom

International Economics

Europe Readies Its ‘Bazooka’ Defense Of Greenland

European investors are the single-largest foreign holders of US treasuries and equities by far, holding $8 trillion in assets.

2 min read
Photo via Keith Birmingham/ZUMA Press/Newscom

Indicators

Small Business Owners Grow More Confident About the Year Ahead

In a survey, the National Federation of Independent Business said its small-business optimism index jumped in December.

2 min read

International Economics

US Trade Deficit Shrinks to Lowest Since 2009

Photo via Corine Solberg/Sipa USA/Newscom

Imports fell 3.2% from the previous month to $331.4 billion in October, and exports rose 2.6% to $302 billion.

2 min read

Energy

Heating Prices Surge as Utility Bills Grow Faster Than Paychecks

Photo via Alexey Stiop/Newscom

NEADA found the average monthly electric bill has surged 29% since 2021, and natural gas has jumped 50% over the past year.

1 min read

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Consumer

What’s the Beef? For American Grocery Shoppers, It’s Meat Prices

US shoppers are now paying an average price of $6.60 per pound of ground beef, according to the US Bureau of Labor Statistics.

1 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Liorpt via iStock and Chris Kleponis/ZUMAPRESS/Newscom

Advisor Upside

Tariff Turmoil Not ‘Rear View Mirror’ Yet: Schwab’s Liz Ann Sonders

The company’s chief investment strategist warned policy moves can take months or years to ripple through the broader economy.

5 min read
Photo via Richard B. Levine/Newscom

Consumer

Butterball Battle Begins for Retailers Rolling Out Holiday Deals

Target on Wednesday said its meal kit for four will cost less than $20 this year before tax, or about $5 a person.

2 min read

International Economics

China Reopening to US Soybean Imports

Photo via Jerry Mennenga/ZUMAPRESS/Newscom

China stopped buying US soybeans altogether in May, two months after suspending the import licenses of US-based CHS Inc.

2 min read

Photo via Sue Dorfman/ZUMAPRESS/Newscom

Economics

Supreme Court Questions White House Rationale for Tariff Regime

The Supreme Court agreed to fast track this case, meaning a ruling could be handed down before the end of the year.

2 min read
Photo via JOHN ANGELILLO/UPI/Newscom

Markets

Wall Street Leaders’ Fears of Froth Finally Bubble into Markets

Goldman Sachs CEO David Solomon and Morgan Stanley CEO Ted Pick warned of an equities drawdown on Tuesday at a summit in Hong Kong.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by AltoClassic via iStock and Freepik

Economics

Thawing Housing Market Not Yet Liquid Enough to Jump-Start Sales

Rejuvenating frozen US housing sales will require a strong job market and mortgage rates low enough to pique sellers’ interest in new homes.

4 min read

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