Bank of England Cuts Rates, Slashes Growth Forecast
The Bank of England has halved its UK growth forecast for 2025, expecting the economy to expand by just 0.75%, down from its previous estimate of 1.5%. The downgrade comes as the
FedEx Shares Plunge 11% Amid Economic Uncertainty
Tariffs and Industrial Slowdown Weigh on Outlook FedEx (FDX.N) shares fell 11% on Friday after the company slashed its annual forecasts, raising concerns about the health of U.S. manufacturing. The decline follows
Investor confidence hits lowest since 2022
Markets slide as economic fears deepen ahead of Fed Consumer and investor sentiment in the U.S. is plunging, casting a long shadow over markets already shaken by economic uncertainty and geopolitical tension.
Gold Climbs as Markets Brace for Trump’s Tariff Rollout
Prices near record highs amid safe-haven demand Gold prices rose on Wednesday, edging closer to their all-time high as investors sought safety ahead of President Donald Trump’s anticipated announcement of sweeping new
Goldman Sachs Warns of Higher Recession Risk
Tariffs, inflation, and confidence shocks drive economic forecast shift The US economy faces heightened recession risks as escalating tariffs under President Donald Trump’s administration threaten to stunt growth, rekindle inflation, and lift
U.S. Growth Hits 2.4%, But Tariffs Threaten Outlook
Year-end consumer spending fuels fourth-quarter GDP The U.S. economy expanded at a 2.4% annualized rate in the final quarter of 2024, according to revised data from the Commerce Department released Thursday. The
Wall Street lowers U.S. growth outlook for 2025
Economy cools but avoids collapse amid policy uncertainty After two years of outperforming forecasts, the U.S. economy is showing signs of cooling — though not cracking. Recent GDP revisions from the Federal
US Consumer Confidence Hits 4-Year Low in March
Economic outlook dims as inflation fears and Trump policies weigh Americans are growing more pessimistic about the future of the U.S. economy, with consumer confidence falling to its lowest level in over
