News

OECD forecasts a sharp economic slowdown and higher inflation in the U.S., citing tariffs
U.S. economic growth is likely to "slow markedly" this year and next, due to tariffs and uncertainty under the Trump ...
Trump’s tariff fallout? It’s worse than we previously thought, says OECD
President Donald Trump’s trade war will wreak greater economic damage than previously expected, both in the United States and ...
Lululemon cuts annual profit forecast as demand slows, tariffs weigh
Lululemon Athletica cut annual profit forecast on Thursday, as consumer demand waned amid increased competition and a gradual ...
Further downside on radar as U.S. economic forecasts for 2025 and 2026 are reduced. Again.
The Paris-based global policy forum OECD now sees U.S. growth at just 1.6% this year, and global growth at 2.9%.
Hiring slowed in May as Trump's tariffs fluctuated
The U.S.-China accord came weeks after the White House paused a large swath of Trump's "Liberation Day" tariffs targeting ...
Reason5d
The Tariff Downturn
mostly due to tariffs. "Lower growth and less trade will hit incomes and slow job growth." "The OECD now forecasts global economic growth to slow to 2.9% this year from 3.3% in 2024," notes ...
Marketplace10d
A few retailers are bucking the doom and gloom forecast trend
Dick’s Sporting Goods is standing by its forecast for the year, despite everything happening with economic policy. It joins a ...