Chipotle's shares dropped more than 15% in after-hours trading after the chain slashed its sales forecast for the third consecutive quarter, citing ongoing macroeconomic challenges affecting consumer behavior.
The EU has imposed new economic sanctions on Russia, targeting key sectors like oil and gas, amidst ongoing tensions over the Ukraine conflict. Ukrainian President Zelenskyy applauds the measures as crucial for peace.
Microsoft has announced a significant price increase for its Xbox consoles, with the Series S and Series X seeing hikes due to economic factors. The new prices take effect on October 3, raising concerns among gamers about affordability amid rising inflation.
In a bold move, Federal Reserve Chair Jerome Powell unites policymakers to implement the first interest rate cut of the year, despite political pressures and economic concerns. Will this decision stabilize the faltering labor market or exacerbate inflation?
In a dramatic shift, President Trump urges NATO to impose major sanctions on Russia and hefty tariffs on China. His call for unity comes as tensions rise over the ongoing Russia-Ukraine war. Will NATO nations heed his advice?
In a dramatic call for action, US President Trump urges the EU to impose tariffs of up to 100% on China and India to increase economic pressure on Russia amid escalating conflict in Ukraine.
French lawmakers have voted to remove Prime Minister François Bayrou, plunging the country into a political crisis as economic pressures mount. With a new prime minister on the horizon, the situation grows increasingly unstable.
France is on the edge of a political crisis as President Macron's government faces a crucial confidence vote that could lead to another prime minister's resignation. With rising borrowing costs and pressing economic challenges, the nation's financial stability hangs in the balance.
As Jerome Powell prepares for a crucial speech at Jackson Hole, the pressure mounts from President Trump for the Fed to lower interest rates. With hiring slowing and inflation rising, how will Powell navigate these economic challenges? Discover the implications!
As the Trump administration ramps up pressure on trading partners with looming tariffs deadlines, uncertainty rises for businesses and consumers. Will countries negotiate new deals in time to avoid higher rates?
