Delta Air Lines has withdrawn its 2025 guidance as the ongoing trade war impacts business and consumer spending, causing a decline in bookings. CEO Ed Bastian emphasizes cost control amid economic uncertainty.
Fed Chair Jerome Powell warns that President Trump's new tariffs could lead to soaring inflation and a slowdown in economic growth. As Wall Street reacts, experts predict significant impacts on jobs and consumer spending.
The stock market is facing turmoil after President Trump's unexpected tariff announcement, leading to historic losses for the S&P 500 and Nasdaq Composite. Investors are grappling with fears of a recession as tariffs raise costs and pressure corporate profits.
As economic uncertainty grips the U.S., many Americans are postponing significant life milestones like buying homes and starting families. The impact of tariffs, student loan limbo, and potential recession leaves individuals feeling stuck and anxious about the future.
U.S. consumer spending rose by 0.4% in February, reversing January's decline as inflation concerns mount amid escalating trade tensions and tariffs imposed by President Trump.
As American families tighten their belts amid rising tariffs and economic uncertainty, many are cutting back on spending and saving for the future. Experts warn that these shifts could signal deeper economic troubles ahead.
In a surprising turn, retail sales rose 0.2% in February despite inflation worries, showcasing consumer resilience. Key sectors like online retail and personal care saw growth, but bars and gas stations faced declines.
Despite fears of an economic slowdown, February retail sales showed unexpected growth, rising 0.2%. Experts weigh in on consumer spending and inflation's impact on the economy.
China's economy shows signs of recovery with retail sales up 4.0% and industrial production growing 5.9% in early 2023. However, challenges like high unemployment and deflation loom large.
Consumer sentiment has plummeted by 11% as Americans react to President Trump's erratic trade policies. With fears of inflation and a potential recession looming, businesses are feeling the pressure. What does this mean for the economy?
