Tariffs

Consumer

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

Photo by krblokhin via iStock

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
Photo via Jerry Mennenga/ZUMAPRESS/Newscom

International Economics

China Reopening to US Soybean Imports

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

2 min read

Economics

Supreme Court Questions White House Rationale for Tariff Regime

Photo via Sue Dorfman/ZUMAPRESS/Newscom

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
Photo via Daniel Torok/WH / Polaris/Newscom

International Economics

Trial Truce: US, China Negotiate Yearlong Trade Détente

The United States agreed to reduce broad tariffs on Chinese imports by 10 percentage points, bringing them to 47%.

2 min read

Consumer

UPS Eliminates 48,000 Jobs While Working Toward $3.5 Billion Cost-Cutting Target

Photo via Lindsey Nicholson/UCG/Universal Images Group/Newscom

Tariffs and the end of the de minimis exemption have been a one-two punch eroding UPS’ core business in 2025.

2 min read

Big Tech

Apple’s Market Cap Creeps Toward $4 Trillion as iPhone 17 Flexes (Without Flipping)

Photo via Apple

Counterpoint data found the iPhone 17 lineup outsold the iPhone 16 by 14% in the US and China for its first 10 days.

2 min read

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