Employers added a healthy 130,000 jobs in January, the Labor Department said this week, as the unemployment rate edged down to 4.3%. The caveat? That announcement came with revisions that showed job creation flatlined over the last year, with only 15,000 jobs being added per month on average. Service sectors like finance and professional services that normally power the creation of high-paying office positions have instead been shedding jobs, perhaps reflecting employers' anticipation of AI-related cost savings.
Nucor ( ) has delivered strong returns since President Trump imposed tariffs on imported steel last year. The stock has climbed 16% year-to-date in 2026 and gained 41% over the past 12 months, outperforming broader market indices amid protected domestic pricing. Higher tariffs - reaching up to 50% - shielded U.S. producers from cheap foreign imports, boosting revenues for companies like Nucor. However, reports indicate Trump is now considering scaling back these measures.
Around the world, CBAM has faced strong criticism. India and China describe it as "green protectionism," arguing that it puts unfair pressure on developing economies. At the same time, the EU has not yet created dedicated funding to help exporters in lower-income countries adapt. Without this support, the mechanism may not achieve the desired results. What about consumers? Although CBAM is mainly aimed at industry, its ripple effects will reach consumers in the EU.
Companies blame higher costs for prices increases - but analysis by the 'Sunday Independent' reveals combined operating profit among 18 popular brands is up over 62pc since 2021, to €416.8m The food industry is blaming higher costs as the main driver of soaring prices - but analysis by the Sunday Independent shows major brands across the sector are reporting bumper profits, explaining at least some of the price hikes.
