Latest in Economic Downturn Rise
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Employee Fears of an Economic Downturn Rise on Latest Data
Though recent bumps in joblessness, growth, and inflation data remain minor, workers still worry that Trump’s tariffs, mass federal employee layoffs, and spending cuts could tank the economy.Inc. - 10h -
As consumer delinquencies rise, U.S. economic growth increasingly powered by the wealthy
Most official data continues to show the U.S. economy is humming along, with unemployment historically low and inflation expectations still relatively stable.NBC News - 6d -
Consumer confidence plunged in February amid rising economic concerns
Sharp drop in closely watched consumer sentiment gauge marks the biggest monthly decline in confidence in more than four years.CBS News - 3d -
Economic partnership will protect the Ukrainian people and the US taxpayer
Trump’s bold international leadership aligns interests and benefits allFinancial Times - 6d -
China government spending on citizens lags economic peers
Relatively low expenditure that directly supports individual consumption could undermine growth effortsFinancial Times - 6d -
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Satellite rivalries are politicising the world’s economic plumbing
Governments are increasingly wary of relying on foreign communication systemsFinancial Times - 4d -
Analyzing potential economic consequences of DOGE cuts
The Trump administration ordered the termination of more than 6,000 Internal Revenue Service employees last week. According to a local union, that includes roughly 1,000 IRS workers in Kansas City ...CBS News - 2d -
UK services exports shine amid economic gloom
Consulting is key to unlocking growth in the face of global headwinds, says analystsFinancial Times - 2d -
Why Americans are planning an "economic blackout" day
Activists are planning an "economic blackout" day on Feb. 28 to limit spending at major retailers. The move is part of a growing protest to rising prices across the nation. Betty Lin-Fisher, a ...CBS News - 1d -
Group calls for 'economic blackout' boycott Friday
Grassroots group People's Union USA is organizing a "blackout" boycott of major businesses on Friday to protest against corporate greed and high costs, with the goal of uniting Americans against ...The Hill - 15h -
Today’s ‘economic blackout’ is just performance art
If you want to change things, you have to get real.MarketWatch - 14h -
Why Americans are participating in an "economic blackout" day
Many Americans are protesting inflation and higher prices by refusing to spend money on Feb. 28 at major retailers. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 8h -
Fed Flags Rising Inflation Risks and Rising Uncertainty About Trump’s Policies
Rates cuts are still on the menu, but like many businesses, Fed officials are having a tough time judging the impact of Trump’s tariff and immigration plans.Inc. - Feb. 20 -
The political rise of the anti-vax movement
As traditional parties decline, vaccine scepticism has become one of the anti-establishment forces filling the vacuumFinancial Times - 3d -
Here's what to know about the "Feb 28 Economic Blackout" protest
A grassroots effort is asking American consumers to refrain from making purchases at major retailers for one day in February.CBS News - Feb. 21 -
US stocks post worst slide in two months on gloomy economic data
Sentiment among businesses and consumers cools sharply as tariffs and inflation take a tollFinancial Times - Feb. 21 -
Bessent says US-Ukraine deal has 'implicit' economic security guarantee
Treasury Secretary Scott Bessent said a U.S.-Ukraine deal featuring “strategic minerals, energy and state-owned enterprises” has an “implicit” economic security guarantee. “This deal is part of ...The Hill - 5d -
German Central Bank Loss Points to More Economic Woes for Germany
The central bank’s president said it was “not possible to rule out” a third year of no economic growth.The New York Times - 3d -
Ad giant WPP says economic uncertainty is building. Its stock is sliding.
WPP, the world’s largest advertising company, saw its shares plunge on Wednesday after it forecast that sales may drop this year.MarketWatch - 1d -
Trump’s threatened 25% tariffs on EU imports could trigger ‘economic turmoil’
US president’s plan could prove to be an economic shock to both blocs, German thinktank says. Business live – latest updates Donald Trump’s threatened 25% tariffs on EU imports could trigger ...The Guardian - 1d -
No add to cart: Shoppers launch 'economic blackout' to protest corporate corruption
An effort to encourage U.S. consumers to participate in a day of protest by not spending money Friday has picked up momentum online, with thousands of people across social media saying they plan to ...NBC News - 14h -
What to know about Friday's economic blackout planned against retailers
An economic blackout has been planned for Friday. The movement calls on consumers to avoid all unnecessary spending, especially at major retailers. The boycott aims to call attention to higher ...CBS News - 13h -
Friday’s ‘economic blackout’ is a fool’s errand — and gives ‘woke’ a bad name
Organized by the People’s Union USA, it aims to boycott major retailers for 24 hours.MarketWatch - 12h -
Economic Blackout: Does Paying in Cash Really Help Small Businesses?
A large consumer boycott aims to hit back at big businesses and banks. But many small companies have moved away from cash.Inc. - 9h -
Who is John Schwarz, the man behind today's "Economic Blackout"?
The man who launched the Economic Blackout said he is "trying to cause economic resistance, against the corporations and politicians, to stand for the people."CBS News - 8h -
‘Trump Bump’ in Stocks Faded in February Amid Economic Anxiety
A bounce in the S&P 500 on Friday afternoon wasn’t enough to pull the index out of the red for the month.The New York Times - 7h -
Britain’s household energy bills to rise from April
Regulator Ofgem lifts quarterly price cap 6.4% following increase in wholesale costsFinancial Times - 3d -
Testosterone replacement therapy is rising in popularity. What is it?
Testosterone replacement therapy, also known as TRT, has surged in popularity, but there are potential risks. Here's what to know.CBS News - 3d -
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Restructuring activity rises as companies feel the squeeze
Consultants predict a wave of work this year from UK businesses facing financial pressureFinancial Times - 2d -
Rough sleeping rises for third year in a row in England
The number of people sleeping rough in England has risen by a fifth in a year, according to new snapshot estimates.BBC News - 1d -
Can Starmer rise to meet his Bismarck moment?
Labour will use the geopolitical crisis to defy its own members about the new priorities for a rearming economyFinancial Times - 1d -
Unemployment claims rise to 242,000, the highest in 3 months
Figures do not include layoffs ordered by the Department of Government Efficiency. Analysts expect those to show up in coming weeks.CBS News - 1d -
Inflation Is Rising. What Will That Mean for Trump’s Tariffs?
Consumer sentiment has turned south as high prices weigh on households. Could that crimp big pieces of the president’s economic agenda, including tariffs?The New York Times - 16h -
Average springtime temperatures rising across U.S.
While there are still a few more weeks of winter, warmer temperatures are sweeping the U.S. Data from the nonprofit Climate Central shows that over the past few decades, temperatures in spring have ...CBS News - 4h -
The Odds of a City-Killing Asteroid Hitting Earth Keep Rising
The likelihood of 2024 YR4 colliding with the our planet in 2032 have ticked up to over 3 percent. Is it time to start worrying?Wired - Feb. 20 -
Jobless Claims Rise a Little, But Do Not Yet Reflect DOGE Layoffs
Unemployment claims for the week of Feb. 15 were slightly more than expected, but don’t yet reflect the aggressive efforts of Elon Musk’s group.Inc. - Feb. 20 -
StanChart CEO says bonus cap led to ‘grotesque’ banker pay rises
Lender reduces chief executive’s basic pay by 40% but higher reward possible after UK’s abolition of capFinancial Times - Feb. 21