#tariffs-impact

#tariffs-impact

Amazon.com Inc. ( NASDAQ: AMZN) is the second-largest employer in the United States, just behind Walmart Inc. ( NYSE: WMT). Since they are also the two largest retailers in the nation, their fortunes provide a good look into the American economy. Amazon is hiring 250,000 workers for the holidays. The decision says several things. First, the company believes the economy is very strong.

General Motors reported its Q2 earnings results on Tuesday, with the company's net income falling 35% from the same period last year, impacted by higher costs and tariffs.

Florida's unemployment rate remained at 3.7% in June, with private-sector jobs down 21,000 from May, indicating a shrinking workforce of 11.193 million.

The UK economy did far better than doom-laden predictions for the first three months of this year, achieving a growth rate of 0.7% that beat expectations.