Companies from Chipotle to Delta are worried about Trump's tariffs. Here's what they're saying
PepsiCo, Chipotle and Procter & Gamble are among the companies that lowered their forecasts.
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March home sales drop to their slowest pace since 2009
Home sales in March were weaker than expected, due to higher mortgage rates and concern over the broader economy.
German finance minister says trust not yet broken with U.S., prefers zero-for-zero tariff solution
The trust between Europe and the U.S. is not yet broken despite President Donald Trump's tariff policies, Joerg Kukies, acting German finance minister, said.
Orders for big-ticket items like autos and appliances surged 9.2% in March in rush to beat tariffs
Transportation equipment orders surged 27%, led by a 139% increase in nondefense aircraft and parts.
Bank of England chief focused on tariff 'growth shock' but downplays UK recession risk
Bank of England Governor Andrew Bailey said Thursday that the central bank is focused on the potential U.K. growth shock from U.S. tariffs.
Businesses are already trying to pass tariff costs onto customers, Fed report says
Businesses dealing with tariffs are looking for ways to pass increasing costs onto consumers, according to the Beige Book report.
Consumer spending is up big in early April as people buy in anticipation of tariffs
Spending in April through the first 15 days climbed about 3.8% from the same period a year ago, JPMorgan found.
IMF forecasts U.S. fiscal deficit will dip in 2025 thanks to higher tariff revenue
The 191-nation fund credited higher tariff revenue for a somewhat smaller deficit projection.
European Central Bank’s Lagarde weighs in on Trump's criticism of Fed's Powell
The ECB last week cut interest rates by a further 25 basis points and warned of a "deteriorated" growth outlook linked to tariff tensions.
IMF slashes 2025 U.S. growth forecast to 1.8% from 2.7%, citing trade tensions
The Washington-based IMF, in its World Economic Report, cited intensifying downside risks as it lowered its growth projections.