The announcement of price hikes by Walmart due to President Trump's tariffs has sent shockwaves through the retail industry, raising concerns about inflation and consumer confidence. Experts warn this could set off a chain reaction affecting prices nationwide.
Target's CEO Brian Cornell warns of potential price hikes due to tariffs, citing a challenging retail environment and declining consumer confidence. Sales dropped 2.8% last quarter, prompting concerns over future performance.
The Federal Reserve is anticipated to maintain interest rates as President Trump's tariffs raise fears of inflation and slower economic growth. With rising import taxes and consumer confidence dipping, the Fed faces a challenging economic landscape.
Amazon's cloud arm, AWS, is on track for a multibillion-dollar revenue boost driven by AI, even as tariffs and trade tensions threaten its retail business. Investors are keenly watching AWS's performance against Microsoft Azure.
The U.S. economy has contracted, raising fears of a recession amid plummeting consumer confidence and market declines. Protests loom against the Trump administration, while international tensions escalate in Kashmir and Ukraine.
McDonald’s reports a surprising 1% drop in global same-store sales, driven by economic uncertainty and weak consumer confidence. The U.S. market saw a 3.6% decline, the worst since 2020, prompting the chain to expand its value menu.
The latest economic report reveals that the U.S. economy contracted in the first quarter, highlighting the significant effects of Trump's tariffs on businesses and consumer confidence amidst rising uncertainty.
As President Trump reaches his 100th day in office, the economy shows signs of distress with slowing growth, a plunging stock market, and a significant dip in consumer confidence, raising fears of a recession.
Consumer confidence in the U.S. has dropped for the fifth consecutive month, hitting its lowest level since May 2020. Concern over tariffs and potential recession looms as Americans pull back on spending, signaling a troubling economic outlook.
U.S. President Trump's trade war is wreaking havoc on major corporations. With companies like UPS cutting 20,000 jobs and GM abandoning outlooks, the uncertainty is palpable. Are consumers bracing for a major economic downturn?
