News

Wall Street bonuses to drop as uncertainty prevails, consultancy says
Wall Street bonuses are expected to slide this year as economic and geopolitical uncertainty stall deal-making, according to ...
U.S. economy went into reverse in the first quarter, new GDP data shows
The economy shrank 0.3% in the first three months of the year, a steep downturn from the pace of growth in 2024.
U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt businesses
The U.S. economy shrank 0.3% from January through March, first drop in three years. It was slowed by a surge in imports as ...
The flagging economy is hurting the housing market
President Donald Trump’s trade war is sending construction costs up, and interest rates are likely staying high this year.
Economic Uncertainty And Stagflation Risks Higher, According To Fed
The Federal Reserve maintained rates but expressed concerns about rising economic uncertainty, higher unemployment, and ...
At start of 2025, U.S. economy sees its first drop in 3 years
The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years, as President Donald ...
Fast food giant shocked by drop in business as customers fear worsening economy
Flagging consumer confidence is hurting U.S. demand at McDonald’s and other restaurant chains. Last week, rival Chipotle also ...