Tag: Inflation
U.S. Services Growth Amid Inflation Pressures from Tariffs
The U.S. services sector showed growth in April, with the Institute for Supply Management (ISM) reporting a rise in its nonmanufacturing purchasing managers index (PMI) [more…]
US Economy Shows Weakest Growth Since 2022 Amid Trade Wars
The U.S. economy had its worst quarter since 2022, with gross domestic product (GDP) shrinking at an annualized rate of -0.3% in the first quarter, [more…]
Americans Turn to BNPL Loans for Groceries Amid Economic Strain
The Rise of Buy Now, Pay Later Loans for Groceries A growing number of Americans are increasingly turning to Buy Now, Pay Later (BNPL) loans [more…]
U.S. Consumer Giants Warn of Slowdown Due to Tariffs
U.S. consumer giants are sounding alarms over a slowdown in consumer spending, as tariffs and economic uncertainty weigh heavily on the market. “Relative to where [more…]
Tariffs, Trade Wars, and Consumer Slowdown Affecting Businesses
U.S. companies are facing significant challenges as President Donald Trump’s tariff policies continue to put pressure on businesses and consumers alike. Several companies have slashed [more…]
Dollar Decline Poses Challenges and Opportunities for Banks
The U.S. dollar has been on a downward trajectory, sending ripples across global currency markets and creating a blend of relief and concern for central [more…]
Stocks Fall as Tariff Uncertainty Hits U.S. Market
U.S. stocks took a significant hit on Wednesday, as Federal Reserve Chair Jerome Powell issued a stark warning regarding the ongoing trade tensions between the [more…]
U.S. Tariffs Could Significantly Raise Apparel Prices
The Impact of U.S. Tariffs on Clothing Prices With the U.S.-China trade war escalating, experts warn that the tariffs imposed on Chinese goods could severely [more…]
UK Retail Sales Surprise with Broad February Rebound
Shoppers defy forecasts despite weak economic backdrop British retail sales unexpectedly rose 1.0% in February, defying analyst expectations of a decline amid sluggish economic growth, [more…]
U.S. Jobs Growth Slows as Economic Uncertainty Rises
U.S. employers likely added jobs at a moderate pace in February, as federal government layoffs and weakening consumer spending weighed on the labor market. According [more…]
