Despite economic uncertainty, many Americans, especially millennials, are prioritizing international travel this summer. Discover how they’re navigating budget concerns to book their dream trips to Europe.
After the US lost its last perfect credit rating, lawmakers are at odds over how to address the fiscal crisis. With a proposed bill potentially adding trillions to the deficit, investors are on high alert. Will Congress come together to avert further downgrades?
In a controversial move, the U.S. Supreme Court has permitted the Trump administration to terminate Temporary Protected Status for Venezuelans, potentially exposing hundreds of thousands to deportation as part of a hardline immigration strategy.
Asian shares fell as mixed Chinese economic data raised concerns over domestic struggles and U.S. tariffs. Wall Street futures also dipped amid rising Treasury yields and Moody's credit downgrade.
As financial markets reopen, investors are on edge following Moody's decision to downgrade the US credit rating. This move raises alarms about the nation's ballooning budget deficit and its implications for the economy.
Krispy Kreme's stock dropped 24% following an announcement to reassess its partnership with McDonald's. With economic concerns affecting spending, the doughnut chain has pulled its outlook for the year.
In a stunning election result, Anthony Albanese and the Labor Party emerge victorious, leaving the Coalition in the dust. With a nod to Trump's influence, Albanese celebrates a mandate for optimism amidst global uncertainty.
In a surprising turn, McDonald's has reported its largest decline in US sales since the pandemic, attributed to economic uncertainties. Despite creative marketing efforts, customers are visiting less, raising alarms about the fast-food giant's future.
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.
Stock futures surged on Wednesday as Meta and Microsoft reported impressive quarterly results, helping the market rebound from earlier losses. Despite economic concerns, investors are optimistic about the tech sector's performance.