Airlines Expected to Cut 2025 Outlooks as Travel Demand Falters As global economic uncertainties persist, airlines are bracing for a potential slowdown in travel demand in 2025, with many expected to revise their financial outlooks downwards. After a period of remarkable recovery from the pandemic’s devastating impact on the airline industry, recent signs of weakening … Read more
Watch Fed Chair Jerome Powell Speak Live on Interest Rates and Tariffs Amid Economic Turmoil April 7, 2025 — Federal Reserve Chair Jerome Powell is set to address the nation today, Monday, April 7, at 10:00 a.m. PDT, delivering critical remarks on interest rates and the fallout from President Donald Trump’s sweeping tariffs. The live … Read more
How Trump’s Tariffs Rollout Turned into Stock Market Mayhem April 6, 2025 — President Donald Trump’s aggressive tariff rollout, unveiled on April 2 as part of his “Liberation Day” trade policy, has plunged Wall Street into chaos, triggering a brutal two-day sell-off that erased over $5 trillion from the S&P 500 and sent global markets … Read more
Stock Market Crash Not Part of Trump’s Economic Plan, Advisors Clarify Washington, D.C. – Amid growing market volatility and concerns over former President Donald Trump’s proposed economic policies, his campaign advisors have firmly dismissed speculation that a stock market crash is part of his strategy, calling such claims “baseless fearmongering.” Market Jitters Over Trump’s Policy Proposals Recent … Read more
Washington, D.C. – June 10, 2024 – Former President Donald Trump’s proposal to impose sweeping 10% across-the-board tariffs on all U.S. imports has drawn sharp criticism from economists, who argue that the policy would inflate costs for consumers, disrupt supply chains, and potentially trigger retaliatory trade wars—with little benefit to American workers. Trump’s Tariff Plan: A “Blunt Instrument” in … Read more
Traders Betting Fed Will Cut Rates New York, April 4, 2025 – Traders are ramping up bets that the Federal Reserve will slash interest rates at least four times this year, driven by mounting fears that President Donald Trump’s aggressive tariff policies could plunge the U.S. economy into a recession. As of Friday morning, futures … Read more
Washington, D.C., April 3, 2025 – President Donald Trump’s sweeping “reciprocal tariffs,” signed into effect on April 2, have cast a wide net, targeting over 180 countries and territories with a baseline 10% duty and steeper levies for some. While major economies like China (54%) and the EU (20%) dominate headlines, the tariff list includes … Read more
Layoff Announcements Surge to Most Since Pandemic as Musk’s DOGE Slices Federal Labor Force Washington, D.C., April 3, 2025 – U.S. employers announced a staggering 275,240 layoffs in March, the highest monthly total since the Covid-19 pandemic crippled the economy in 2020, driven largely by massive federal job cuts under Elon Musk’s Department of Government … Read more
As inflation continues to soar, consumer food businesses across the country are grappling with unprecedented cost increases and supply chain disruptions. In a growing number of industries, businesses are finding themselves “nowhere to absorb it,” unable to offset the rising prices of raw materials, labor, and logistics without passing them on to consumers. According to … Read more
EU Proposes “Reciprocal Duties” Against “Dirty 15” Countries in Trade Clampdown Brussels, Belgium – The European Union is set to impose retaliatory tariffs on 15 countries accused of unfair trade practices, branding them the “Dirty 15” in an aggressive move to level the playing field for European businesses. The proposed “reciprocal duties” would mirror the … Read more