In rural Massachusetts, For Klem’s general store faces numerous challenges each year, from the pandemic and supply chain breakdown to inflation and competition from Amazon. Owner Jessica Bettencourt fears that President-elect Donald Trump’s proposed tariffs could devastate her business, impacting pricing, profits, and consumer spending. The uncertain future of tariffs has left retailers like Bettencourt and others at a recent retail conference on edge, with concerns about increased costs, supply chain disruptions, and potential economic repercussions.
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Better Telecom Stock: AT&T vs. Verizon
Recent stock market volatility has highlighted the telecom sector's stability, with AT&T and Verizon emerging as strong investment options. AT&T is at a pivotal point, focusing on expanding its 5G and fiber-optic networks following a divestment of entertainment assets, projecting $16 billion in free cash flow (FCF) for 2024, while Verizon is also growing its mobile and fiber businesses, pursuing an acquisition to boost broadband connections. Both companies show promise, but AT&T has outperformed in...
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