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While Big Pharma seems ready to weather the tariff storm, independent pharmacists and makers of generic drugs — which account for 90% of U.S. prescriptions — see trouble ahead for patients.
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Consumer prices in April were up 2.3% from a year ago, the smallest annual increase in more than four years. Grocery prices fell 0.4%, thanks to a large drop in the price of eggs.
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Although business owners welcomed a temporary deal with China to slash tariffs, there's still considerable uncertainty about what happens next.
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Stocks rallied after the U.S. and China said they would slash tariffs on each other's imports for 90 days.
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U.S. employers added 177,000 jobs in April — a modest slowdown from the previous month, while the unemployment rate held steady at 4.2%.
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Shein and Temu goods might not be so cheap anymore. Starting today, the U.S. will start collecting import fees on small packages from China, much of which comes from Chinese e-commerce sites.
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In an hour-long special, Texas Standard and The California Newsroom team up to examine how the Trump administration is changing life in two of the nation's largest states.
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By some estimates, raising a kid, who was born in 2015, could cost a middle class family close to $320,000 over 17 years.
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The key driver of the economy saw the biggest increase in over two years in March, as car buyers tried to get ahead of President Trump's tariffs on imported autos and auto parts.
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Laredo Chamber of Commerce Executive Director Monica Martinez said many Laredoans earn a paycheck in trade related jobs, like customs brokers, freight handlers, truck drivers, and others.