Business & Economy

The strength of the U.S. economy has been the envy of the world in recent years. The predictions of a recession during Joe Biden’s term in office never came true. The labor market broke job creation records, while Federal Reserve Chairman Jerome Powell maneuvered to achieve the long-awaited soft landing: controlling inflation without triggering a…

Home » AIRLINE NEWS » Philippines Sees A Travel Boom As Business And Economy-Class Ticket Sales Surge With More Filipino Passengers Flying To The United States, Hong Kong And Thailand Thursday, March 6, 2025 Philippines sees a surge in business and economy-class travel as more Filipinos fly to the United States, Hong Kong, and Thailand…

Federal Reserve Bank of Philadelphia President Patrick Harker said Thursday that while the economy is currently in good shape, there are warning signs of trouble looming.

CNN  —  President Donald Trump on Thursday signed executive actions that delay for nearly one month tariffs on all products from Mexico and Canada that are covered by the USMCA free trade treaty, a significant walkback of the administration’s signature economic plan that has rattled markets, businesses and consumers. The executive actions follow a discussion…

Odds of a US recession are up amid tariff and layoff concerns. Wall Street experts cite policy uncertainty as a major risk to growth. Meanwhile, betting markets have priced in higher odds of a 2025 recession in recent weeks. After years of navigating inflation, high interest rates, and economic uncertainty, the odds of the US…

Various experts, utilizing several key financial indicators, are stating that the odds of a recession in the United States may be getting higher. According to Bloomberg, U.S. consumer confidence has dropped this month the most since August 2021, with recession fears on the rise. The Atlanta Federal Reserve model has also suggested that economic growth…

The stock market suffered its worst week in many months, after a series of dizzying policy shifts on tariffs from the White House amid simmering concerns about the health of the economy. The S&P 500 seesawed throughout the day on Friday, marking a volatile end to a turbulent week, as investors parsed the latest employment…

New York CNN  —  A grassroots movement’s call for Americans not to shop at major chains for 24 hours in an “economic blackout” last week went viral — and now, its organizer is launching a weeklong boycott against Amazon that starts Friday. John Schwarz, the 57-year-old founder of The People’s Union USA, is calling on…