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Home Based Business

What Could Get More Expensive Under Trumps Tariffs? [Video]

As “day 1” of the new Trump administration approaches, one of its highest policy priorities could have a profound impact on consumers’ wallets.

Based on what’s known so far about President-Elect Donald Trump’s plan to raise tariffs on all imported goods, it’s likely U.S. shoppers would see prices rise for a wide range of items, including:

Everyday essentials like food, gas and clothing. Luxuries like consumer electronics, jewelry and cosmetics.Major purchases like new cars and homes.Goods made by U.S. manufacturers using imported raw materials and equipment.

That’s because tariffs are paid by the domestic companies importing foreign goods and materials, and those companies tend to raise consumer prices to cover higher import costs. After Trump’s victory, U.S. companies selling a range of products confirmed that if his tariff plans are enacted, they’ll raise their prices.

Throughout Trump’s campaign, economists tried to quantify the impact his proposals could have on American consumers. Multiple studies projected that U.S. households would see …

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Home Based Business

Bank of Albuquerque outage restored [Video]

Bank of Albuquerque customers can once again use online services. The bank says it experienced a significant outage involving a service provider. It started sometime Wednesday, Jan. 15.The service provider also impacted 26 other banks, according to a spokesperson with BOK Financial. Follow us on social: Facebook | X/Twitter | Instagram | YouTubeLate Thursday night Bank of Albuquerque posted this statement on its website:"Our digital banking platforms are back online after an outage at our service provider. Deposits, payments, and transactions may be delayed or incorrectly reflected but will continue to update as today's transactions are processed. Thank you for your patience as we work through remaining issues. For assistance, please contact ExpressBank."BOK Financial also offered this message to clients regarding to outage:"We understand how frustrated you are and apologize for the significant delay as we wait for the system to come back online. This is a system issue outside of our control but please be assured our team is working diligently with our vendor to get it back online. We know it is stressful to not have access to your account or debit card and sincerely regret the inconvenience it has caused. We will post an update as soon as we have one."Stay updated on the latest news with the KOAT app. You can download it here.