Author: Editor

Don’t expect prices at the store to fall just because the Supreme Court struck down President Donald Trump’s tariffs.At best, companies may slow the pace of future price hikes on goods that get tariff relief. But they’re unlikely to cut prices outright, economists at Goldman Sachs wrote in a note published Sunday.”We would not expect companies to lower prices in response to tariff reductions nearly as quickly as they increased them in response to tariff increases,” the economists wrote.The bank estimates tariff passthrough has already lifted core Personal Consumption Expenditures, the Federal Reserve’s preferred inflation gauge, by about 0.7% through…

This as-told-to essay is based on a conversation with Gustavo Fernandez, a 50-year-old photographer in Miami. It has been edited for length and clarity.I had lived in the Bay Area longer than anywhere else, and I was ready for a reset. Something about the rhythm of Miami felt like the next chapter. More movement, more culture, more color.When COVID-19 hit, everything came to a standstill. Like many service-based businesses, the photography business that I had been running in SF since 2007 went to zero almost overnight.It was a big reset moment for me, and it was time for a change.I…

ELF Beauty’s CEO said he hops on TikTok Live to hear impatient customers demand new products from him.On an episode of Rapid Response released on Monday, host Bob Safian asked ELF Beauty CEO Tarang Amin how he decides which new products are good long-term bets.Amin replied that in the past, the company would launch a lot of products and hope people would buy them. But now, their model has changed, and he goes straight to his customers to ask them what they want.His platform of choice is TikTok Live.”One of the things my CMO does is she terrorizes me by…

This as-told-to-essay is based on a conversation with Shaun Chavis, 58, who is based in Baltimore. It has been edited for length and clarity.Since being laid off last June, I’ve applied for over 100 jobs, and I’m completely boggled by the responses I’ve received — or rather, the lack of them.With nearly 20 years of experience across journalism, communications, and marketing, I really did not expect to be out of work this long. But the reality is that I’ve only had one interview — I’m not even getting screening calls.Because I’m not the kind of person to just “spray and…

It’s hard to commit to financing a new home or renovation project if you’re not sure you’ll have a job to pay for it.Economic concerns like job losses and overall affordability continue to weigh on home improvement retailers, including Home Depot, which reported nearly flat comparable sales growth for both the quarter and full fiscal year on Tuesday.”Continued consumer uncertainty: That’s still the number one reason why people are telling us, our customers are telling us that they’re not investing, certainly, in large projects,” CEO Ted Decker said on an earnings call.”That has everything to do with consumer confidence and…

Roschetzky Photography/Shutterstock 2026-02-24T15:35:42.161Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Mortgage rates dropped below 6% for the first time since 2022 on Monday. The drop came as Treasury yields fell in recent days amid new trade-war concerns. The president announced a 15% global tariff over the weekend, sparking a flight to safety in markets. Mortgage rates dipped…

This as-told-to essay is based on a conversation with Lora Pope, 36, a content creator and blogger, originally from Canada, who hosts three Airbnbs in Puerto Vallarta, Mexico. Pope was away during the violence in Jalisco, but was still in contact with her guests. The conversation has been edited for length and clarity.Puerto Vallarta is my home base.I went there for the first time in 2021 while I was a full-time digital nomad. In 2023, I bought an apartment in Puerto Vallarta and obtained residency, but I still travel for about 6 months of the year.I own a one-bedroom condo…

When we purchased our home, we thought it needed only cosmetic updates — maybe a fresh coat of paint and updated appliances.So, we felt pretty good about tackling our first project as homeowners: replacing the floors in our main downstairs living space.We consulted specialists at a home-improvement chain, got measurements and estimates, and chose our luxury vinyl-plank flooring.Between supplies and labor, we were quoted just under $6,000 to replace all the flooring on our first floor, which included our living room, dining area, kitchen, coat closet, and half bath.Once demolition began, however, we realized this project was going to take…

Every day, firefighters in communities across the US risk their lives responding to emergencies. And in the age of worsening wildfires driven by the climate crisis, their jobs have become more important than ever.So how does pay correlate to such a key job? As we’ll see below, firefighter wages fluctuate dramatically across the 50 states, with some states recording six-figure earnings for the highest earners, while others in the 10th percentile of earners barely scratch the $25,000 mark.The Bureau of Labor Statistics’ Occupational Employment and Wage Statistics provides data on firefighter wages. Using the most recent data from May 2024,…

After a few years of renting in Los Angeles, my partner and I were ready to buy something of our own.We wanted to move somewhere more affordable where we could have a backyard and still maintain our city lifestyle. After extensive online research, a few places met our criteria — and Atlanta was one of them.Neither of us had ever been to the Georgia city, but we figured we’d give it a try. It took us some time to get used to living here, but it’s become our home over the past four years.From the unexpected beauty of Atlanta’s nature…