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Tariff Costs Put New Pressure on U.S. Corporate Profits

Rising tariff expenses are beginning to weigh heavily on U.S. companies, prompting executives across multiple industries to warn that profit margins may tighten in the months ahead. Many firms had initially suggested they could manage the added costs through efficiency improvements or selective price increases, but that confidence is fading as import-related expenses continue to climb. Companies that rely on global supply chains are feeling the strain most acutely. Higher costs on imported materials and components are forcing difficult decisions: pass the increases on to consumers, risking weaker demand, or absorb the costs internally, which directly erodes profitability. For many businesses, neither option is attractive. Consumer-facing brands are finding it especially challenging to raise prices further, as shoppers show growing sensitivity to even modest increases. This resistance limits the ability of firms to offset tariff-driven expenses, creating a squeeze that is beginning t...
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Your daily horoscope: August 24, 2024

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

You will have plenty to say for yourself this year and others will be left in no doubt as to what you believe. But try not to be too fixed in your opinions because your vision isn’t the only one of value. Listen occasionally too.

ARIES (March 21 - April 20):

You may find that some individuals make a point of being unhelpful this weekend. Don’t take it personally and don’t change a thing. The fact is you don’t need their assistance and you’re not the sort to change your ways to please other people.

TAURUS (April 21 - May 21):

There is no reason to stay quiet about your plans. Let everyone know what it is you are going to be doing and let them know too how they can help if they want to share in the spoils. If not, tell them to stay out of the way.

GEMINI (May 22 - June 21):

You will be called on to make some tough decisions over the next few days but with both Mars and Jupiter moving through your sign you won’t hesitate to do what needs to be done. Don’t feel too sorry for those who lose out or get left behind.

CANCER (June 22 - July 23):

You may truly believe that you can change the world but hopefully you are smart enough to realize you can’t do it all on your own. Get involved with people who share your aims and your outlook on life and start making good things happen together.

LEO (July 24 - Aug. 23):

It should be easy enough to convince friends and colleagues that your plans deserve their full support. Point out the many ways they will benefit personally from what you propose and promise them that you won’t keep all the rewards for yourself.

VIRGO (Aug. 24 - Sept. 23):

Try not to analyze your motives and your actions too deeply over the next 48 hours. Now the sun is moving through your sign you can afford to trust your instincts – you really don’t have to dissect each and every decision you make.

LIBRA (Sept. 24 - Oct. 23):

A positive mental attitude is essential if you are to attract the kind of success you desire. It won’t be easy now the sun is moving through the most sensitive area of your chart but if you focus on the future rather than the past it can be done.

SCORPIO (Oct. 24 - Nov. 22):

The sun in one of the more outgoing areas of your chart will help you reach out to people and build alliances that both they and you can profit from. You may be a loner by nature but you can accomplish great things as part of a team.

SAGITTARIUS (Nov. 23 - Dec. 21):

The vital thing now is that you make sure employers, senior colleagues and all the other important people in your life know what it is you are hoping to accomplish. If you spell it out for them you will get all the assistance you need.

CAPRICORN (Dec. 22 - Jan. 20):

The more others rave about the latest big thing the less inclined you will be to add your name to its growing list of admirers. The only danger is that this particular big thing could actually turn out to be the wave of the future. Don’t get left behind!

AQUARIUS (Jan. 21 - Feb. 19):

Refuse to settle for second best this weekend and insist that everyone you deal with, socially and professionally, makes a proper effort to live up to your high standards. If they are not prepared to do that, don’t waste your precious time on them.

PISCES (Feb. 20 - Mar. 20):

Some of the things you thought were fixtures in your life will start to shift over the next few days and you must be ready and willing to adapt to the new reality. You know you cannot hold back the tide of change, so don’t even try.

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