Latest in FirstFT: OECD cuts global growth forecast
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FirstFT: OECD cuts global growth forecast
Also in today’s newsletter, Trump and Putin to hold Ukraine talks and Netanyahu plans to sack Shin Bet chiefFinancial Times - 11h -
Trump trade wars are slowing global growth and fuelling inflation, says OECD
Economic organisation downgrades forecasts for growth in UK as well as US, Canada and Mexico due to tariffs. Business live – latest updates Donald Trump’s trade wars are splintering the global ...The Guardian - 13h -
OECD cuts UK growth forecasts as Reeves grapples with weak economy
Downgrade comes ahead of Spring Statement, when official forecasts are expected to show much weaker GDP outlookFinancial Times - 13h -
U.S. and global economic outlooks cut by OECD as Trump's trade tariffs weigh on growth
"A series of recently announced trade policy measures will have implications for the economic outlook if sustained," the OECD said.CNBC - 10h -
Global economy takes centre stage
OECD updates growth forecasts, a clutch of central banks set interest rates and the IOC picks a new Olympics presidentFinancial Times - 1d -
Trump’s trade war will damage global growth, OECD warns
Forecasts downgraded for a dozen G20 economies and alarm sounded on ‘ratcheting up’ of trade barriersFinancial Times - 13h -
Trump’s Trade War Will Slow Global Economic Growth, OECD Says
Growth outlooks in the United States and several other countries are projected to slow this year and next, as uncertainty on trade and economic policy takes their toll.The New York Times - 4h -
The U.S. growth outlook was just cut by the OECD on uncertainty and tariffs
The U.S. economic growth outlook — and even more so, Canada’s and Mexico’s — was lowered on Monday by the Organization for Economic Cooperation and Development due to policy uncertainty and the ...MarketWatch - 13h -
NOAA and National Weather Service job cuts raise concerns about forecasts
A hurricane modeling specialist fired from the National Weather Service said progress on forecast accuracy may "go backwards" if job cuts continue.CBS News - 6d -
Asia is a 'beacon of growth opportunities' as global trade war heats up, Singapore deputy PM says
Asia will remain a "beacon of growth opportunities" despite escalating global trade tensions, according to Singapore's Deputy Prime Minister Gan Kim Yong.CNBC - 5d -
‘Game changer’: German spending plans lift bond market’s growth forecasts
Chancellor-in-waiting Merz’s promise to do ‘whatever it takes’ pushes Bund yields sharply higher in anticipation of more issuanceFinancial Times - Mar. 8 -
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FirstFT: Musk’s government spending cuts fail to halt rising costs
Also in today’s newsletter, Putin’s frontline visit and a new FT film on Nvidia’s riseFinancial Times - 4d -
Gold hits $3,000 for first time on global growth fears
Precious metal has benefited amid steep sell-off in Wall Street stocks and concern over trade warsFinancial Times - 3d -
U.S. payroll growth totals 151,000 in February, less than expected
Nonfarm payrolls were expected to increase 170,000 in February, according to the Dow Jones consensus forecast.CNBC - Mar. 7 -
The folly of America’s R&D cuts
Gutting of federal agencies risks derailing the Trump administration’s growth objectivesFinancial Times - Mar. 10 -
More NOAA Employees May Be Let Go, Making 20% of Staff Cut
Together with recent firings and resignations, the new cuts could hamper the National Weather Service’s ability to produce lifesaving forecasts, scientists say.The New York Times - Mar. 10 -
Global stock markets register heavy falls as White House tries to talk up Trump tariffs
Dow, S&P 500, Nasdaq and Nikkei all down by at least 2% and Tesla shares fall 15% for worst day since September 2020. Global stock markets have continued to fall amid fears that a wide-ranging ...The Guardian - Mar. 10 -
Trump’s USAid cuts will have huge impact on global climate finance, data shows
Campaigners say funding halt is a ‘staggering blow’ to vulnerable nations and to efforts to keep heating below 1.5C. Donald Trump’s withdrawal of US overseas aid will almost decimate global climate ...The Guardian - Mar. 10 -
Reeves to outline plan to cut regulation costs and boost growth
Chancellor will meet regulators after calling for action to restrict their scope in bid to save businesses billions. Rachel Reeves will meet UK regulators on Monday after calling for more action to ...The Guardian - 23h -
Tuberculosis Resurgent as Trump Funding Cut Disrupts Treatment Globally
The United States was the major funder of tuberculosis programs. Now hundreds of thousands of sick patients can’t find tests or drugs, and risk spreading the disease.The New York Times - 5d -
Tate cuts almost a tenth of staff as it tackles deficit
UK arts institution tries to break even ahead of fundraising rounds designed to drive growthFinancial Times - 3d -
Ulta Beauty CEO says investments in growth ‘will take time’ to pay off, but shares still rally
Beauty-products retailer Ulta Beauty’s stock climbed after hours Thursday, after the company offered a full-year forecast that was shy of Wall Street’s estimates but fourth-quarter results that ...MarketWatch - 3d -
Delta, Southwest, American Airlines Cut Forecasts, an Early Alarm About Consumer Spending
The revised revenue projections suggest that flagging economic confidence has started to hurt travel, which can be an indicator for other industries.The New York Times - 6d -
US weather forecasts save lives and money. Trump’s cuts put us all at risk
Noaa, my former employer, is an integral part of our daily lives, tracking hurricanes, supporting safe flights and helping farmers. Across the United States , from rural communities to coastal ...The Guardian - 4d -
The market’s at a fork in the road, says RBC as it becomes third firm to cut S&P 500 forecasts.
Three is a trend, as RBC Capital Markets joined Goldman Sachs and Yardeni Research in slashing S&P 500 price targets.MarketWatch - 13h -
This agentic AI play’s stock is falling after it called out ‘increasing global macroeconomic uncertainty’
Shares of UiPath fell sharply after hours on Wednesday after the business-automation software platform forecast sales for the year ahead that came in below Wall Street’s expectations.MarketWatch - 5d -
US shoppers cut spending as economic outlook concerns mount
Tariffs, market volatility and political uncertainty threaten to undermine key driver of growth in world’s largest economyFinancial Times - 1d -
Fed chief Jay Powell plays down growth worries after jobs report disappoints
Chair says US central bank in no ‘hurry’ to cut interest rates at end of turbulent week for Wall StreetFinancial Times - Mar. 7 -
Delta Air Lines slashes earnings outlook on weaker U.S. demand, sending shares lower
Delta Air Lines cut its first-quarter revenue and profit forecasts, citing weaker consumer and corporate travel demand.CNBC - Mar. 10 -
Jim Cramer's top 10 things to watch in the stock market Tuesday
Delta and American both cut their earnings forecasts. Oracle showed the data-center buildout is continuing.CNBC - 6d -
Trump’s cuts to higher education are sacrificing America’s future
American colleges and universities will lose their global preeminence, innovation will suffer, future scientists, doctors, artists and philosophers will not get trained and potentially ...The Hill - Mar. 9 -
US inflation fell more than expected to 2.8% in February
Figure bolsters case for cental bank to cut interest rates amid signs of slowing economic growthFinancial Times - 5d -
World Health Organization warns of possible tuberculosis surge because of USAID cuts
Health authorities say that the Trump administration’s gutting of USAID raises the risk of a global surge in tuberculosis cases and deaths.NBC News - Mar. 9 -
Trump administration cancels disaster training for meteorologists amid staffing, travel cuts
The Trump administration has canceled a training that prepares meteorologists to forecast during disasters, The Hill has learned. The incident meteorologist training for the National Weather ...The Hill - 6d -
How to Design Customer Success Teams to Boost Growth and Retention
A lot depends on what growth stage you’re in.Inc. - 4d -
One of Wall Street's biggest bulls cuts his S&P 500 outlook, blaming Trump's tariffs
Widely followed strategist Ed Yardeni, one of the biggest bulls on Wall Street, lowered his market forecast, saying President Donald Trump’s tariffs raise the risk of stagflation.NBC News - 4d -
Wall Street begins to cut S&P 500 targets as tariff worries rock the stock market. Should investors be concerned?
Only a few months into 2025, the sharp decline of the U.S. stock market has prompted some of Wall Street’s top forecasters to scale back their bullish predictions for the S&P 500.MarketWatch - 2d -
European telcos find growth elsewhere as Brussels mulls deregulation
Vodafone and Orange seek scale in emerging markets as continental growth stallsFinancial Times - Mar. 9 -
Latest weather forecast as California deals with storms, fears of mudslides
California is dealing with more rain and threats of potential mudslides. CBS News meteorologist Zoe Mintz has the latest weather forecast.CBS News - 5d
