Southwest Airlines has withdrawn its financial forecast as the trade war and economic uncertainty weigh on the travel industry. With declining bookings and shifting consumer behavior, can the airline weather the storm?
The IMF warns that President Trump's tariffs could lead to a significant slowdown in global economic growth, predicting a drop from 3.3% to 2.8% this year. With rising trade tensions, fears of a recession loom large as investors react to the unpredictable economic landscape.
Stock futures fell as President Trump criticized Fed Chair Jerome Powell, raising market concerns. The Dow has seen four consecutive losses, with investors uneasy about interest rates and tariffs.
U.S. stock index futures fell sharply as President Trump’s criticism of the Federal Reserve raises concerns about central bank independence. With ongoing trade tensions and economic uncertainty, investor confidence is shaken. Netflix sees gains on positive revenue outlook while Tesla faces delays in Model Y launch.
In a dramatic escalation, President Trump intensifies his critique of Federal Reserve Chair Jerome Powell, questioning his leadership amid rising inflation and economic uncertainty. With calls for Powell's removal, the political and economic implications are profound as Trump's tariff policies face bipartisan scrutiny.
Tensions rise as President Trump considers firing Fed Chair Jerome Powell over interest rate decisions. Advisers urge caution as Trump's frustrations grow amid economic uncertainty.
Federal Reserve Chair Jerome Powell warns that President Trump's tariffs could lead to a temporary rise in inflation, triggering a market sell-off and concerns about the economy's future stability.
President Trump has launched an ambitious plan to strike 90 trade deals in just 90 days, but significant challenges loom. With key negotiators spread thin and rising tensions with China, can the administration deliver?
Major U.S. banks reported better-than-expected profits in Q1, but executives warn of looming economic challenges due to tariffs. Could this be a sign of turbulent times ahead for the financial sector?
Delta Air Lines CEO Ed Bastian announces a halt to the airline's expansion due to economic uncertainty and declining domestic travel. Discover how this impacts future plans and travel trends.