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Dowell | Moment | Getty ImagesPresident Donald Trump’s blanket tariffs scheduled to begin on Aug. 1 could soon bring higher prices on certain foods, according to some experts.Tariffs are a tax imposed by foreign nations, paid by domestic companies that import goods or services. U.S. consumers are expected to pay higher prices via companies negatively impacted by the trade policy.One of the goals of Trump’s tariffs is to drive demand for American products. But certain items, such as Brazilian coffee, aren’t produced domestically. Other imports, like bananas, have limited U.S. production, which wouldn’t meet American demand, according to a Tax…

Joshua WaiteCourtesy of Northwestern Mutual Name: Joshua Waite Firm: Waite Financial Group / Northwestern Mutual Location: Peoria, IL Total Value of Policies: $1.1 billion Background: Joshua Waite grew up in a small farming town outside Peoria, Illinois—just a mile from the family farm where his grandfather, one of his childhood heroes, helped shape his values of hard work, humility, and integrity. After earning a finance degree from nearby Bradley University, he joined Northwestern Mutual in 2003, where his father had long been a policyholder. Although he describes himself as a natural introvert, Waite found success in sales by asking thoughtful…

The trickle down from the Fed’s benchmark interest rate appears most obvious in credit cards, although by the numbers it’s a very slight change. The average rate for credit card balances had been steadily increasing since the Fed began raising rates in 2022 until it finally crested just below 21% last fall, according to Bankrate. Since then, rates have nudged downward and have been hovering around 20.1% for the first half of 2025.Auto loans have also seen very little movement in the first half of 2025, and 30-year fixed rate mortgages, whose rates are more closely tied to the yield…

Lorrie BaldeviaCourtesy of AssuredPartners Name: Lorrie Baldevia Firm: AssuredPartners Location: Seattle, WA Total Value of Policies: $6.3 billion Background: Lorrie Baldevia describes her connection to insurance as deeply personal. The eldest of five children, she lost her father in a tragic construction accident at age 12 in Guam. Her mother raised the family on her own and was able to do so thanks to a life insurance policy—an experience that would ultimately shape her career. “It gave us a kind of financial security we wouldn’t have had otherwise,” she says. Baldevia moved to the United States at 17 on a…

The final season of super-hit “Squid Game” helped drive Netflix to strong second quarter earnings.No Ju-han/Netflix Boosted by increases in pricing, a flood of new overseas subscribers and the continued advertiser interest in the platform, Netflix outpaced analyst expectations with its second quarter earnings results released Thursday after the market closed. The country’s largest streamer had anticipated good numbers with the release of big-buzz shows like Squid Game and Ginny & Georgia during the quarter. It was also buoyed by the subscription price increase in January and a new partnership with a French broadcaster that expanded access to its shows…

SINGAPORE: Canada’s Summ­er McIntosh claimed her second title in two days at the world championships in Singapore with victory in the women’s 200 metres individual medley on Monday, while Chinese 12-year-old sensation Yu Zidi just missed out on a medal. McIntosh, who won 400 freestyle gold on Sunday, was pushed hard by Alex Walsh in the middle portion of the race but surged ahead in the final lap to touch the wall in two minutes and 6.69 seconds, with the American taking silver in 2:08.58. “Going in tonight, my goal was to get my head on the wall first, so…

(Stranger Things Image courtesy of Netflix) Netflix’s second quarter topped Wall Street’s expectations on its top and bottom lines, driven by a slate of popular returning shows, and provided guidance for the rest of the year. But the question will be, having decisively won the first era of the Streaming Wars, where does Netflix go from here? After-hours trading following the earnings release sent shares down about $20, or roughly 1.5%, though more generally, the company’s stock skyrocketed a whopping 128% over the past year at around $1,253 apiece. Needham & Co. senior analyst Laura Martin, who has a $1,500…

KARACHI: A five-day pre-series training camp for the Pakistan women’s cricket team begins on Tuesday at the Hanif Mohammad High Performance Centre, as the side looks to fine-tune preparations ahead of their upcoming Twenty20 International series in Ireland, the country’s cricket board announced on Monday. Under the supervision of head coach Mohammad Wasim, the camp will continue till August 2 and focus on skill development in batting, bowling and fielding. Players will also feature in intra-squad T20 practice matches before the team departs for Dublin on August 3. This marks the final phase of preparations following a 27-day conditioning camp…

President Trump nominated Jerome Powell to chair the Fed in 2017. Getty Images It’s no secret that Donald Trump does not like how Jerome Powell is managing the Fed and monetary policy. Despite nominating Powell for the job of Fed Chair in 2017, the President lambasts Powell (who Trump has nicknamed Mr. Too Late) every time the Fed’s Federal Open Markets Committee meets and doesn’t cut interest rates. But President Trump should think again if he believes getting rid of Powell will get him what he wants. While the president is desperate for the Fed to cut interest rates, firing…

CHINA – 2025/06/22: In this photo illustration, the logo of Centene Corporation is displayed on the … More screen of a smartphone. (Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty Images Shares of Centene have been on a roller coaster. When I wrote earlier this month about the managed-care company, which offers services through Medicaid, Affordable Care Act plans and Medicare, the stock had lost 40% of its value. That was a week after the company withdrew its earnings guidance for 2025, citing rising Medicaid costs and problems in the ACA business. Shares fell another 14.5%…