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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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Pope Francis: A Legacy of Compassion and Reform Ends at 88

Pope Francis, the first Latin American pontiff and a transformative figure in the Catholic Church, has passed away at the age of 88. Born Jorge Mario Bergoglio in Argentina, he rose from humble beginnings to become a global symbol of compassion, humility, and reform.  

Throughout his tenure, Pope Francis championed the rights of the marginalized, advocating for immigrants, the poor, and LGBTQ+ individuals. His leadership was marked by a commitment to inclusivity, environmental stewardship, and a push for modernization within the Church.  

His passing was announced by the Vatican early Monday morning, with Cardinal Kevin Farrell stating, “At 7:35 this morning, the Bishop of Rome, Francis, returned to the house of the Father”. His death follows a series of health challenges, including a prolonged battle with respiratory issues.  

As the world mourns his loss, tributes pour in from leaders across the globe, recognizing his unwavering dedication to justice and faith. The College of Cardinals will soon convene to elect his successor, marking the beginning of a new chapter for the Catholic Church.  

Pope Francis leaves behind a legacy of courage and compassion, forever shaping the Church and the lives of millions.

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