Latest in Economic Forecast
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China shares confident economic forecast for 2025
The Chinese premier on Wednesday announced a 5% GDP growth target for 2025 despite President Trump's tariffs against the country. CBS News foreign correspondent Anna Coren reports from Beijing and ...CBS News - 17h -
Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.CNBC - Feb. 25 -
Stocks tumble as Walmart sales growth forecast disappoints
Stocks tumbled from all-time highs Thursday in the wake of Walmart projecting a lower-than-expected sales outlook.NBC News - Feb. 20 -
Trump trade overhaul clouds China’s shipping forecast
US president’s proposed new fees risk higher costs for companies, consumers and a struggling global trade systemFinancial Times - Feb. 24 -
LNG demand to jump 60% by 2040, Shell forecasts
Faster economic growth in Asia and decarbonisation efforts expected to boost demandFinancial Times - Feb. 25 -
What's the CD interest rate forecast for spring 2025?
With the Fed expected to hold rates steady in March, experts predict what could happen with CD stable this spring.CBS News - Feb. 26 -
CrowdStrike falls 9% on disappointing earnings forecast
CrowdStrike shares dropped more than 9% in extended trading after the cybersecurity software provider issued weaker-than-expected guidance.CNBC - 2d -
Economic partnership will protect the Ukrainian people and the US taxpayer
Trump’s bold international leadership aligns interests and benefits allFinancial Times - Feb. 22 -
China government spending on citizens lags economic peers
Relatively low expenditure that directly supports individual consumption could undermine growth effortsFinancial Times - Feb. 23 -
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Satellite rivalries are politicising the world’s economic plumbing
Governments are increasingly wary of relying on foreign communication systemsFinancial Times - Feb. 24 -
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 - Feb. 26 -
UK services exports shine amid economic gloom
Consulting is key to unlocking growth in the face of global headwinds, says analystsFinancial Times - Feb. 27 -
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 - Feb. 27 -
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 - 6d -
Today’s ‘economic blackout’ is just performance art
If you want to change things, you have to get real.MarketWatch - 6d -
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. - 6d -
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 - 6d -
Trump's tariffs risk economic turbulence - and voter backlash
Trump is making a high-stakes bet that could either reap major political dividends, or seriously undercut his second term.BBC News - 3d -
The economic costs of Trump’s assault on the global order
America is trying to undo the very system of open trade that it createdFinancial Times - 2d -
Trump outlines his economic plans to Congress
In his address to Congress on Tuesday night, President Trump outlined his vision for reducing inflation and boosting the American economy. The president made his case for tariffs on U.S. allies, ...CBS News - 2d -
How serious are the threats to US economic growth?
Concerns about weakening expansion come after US served as key driver behind global growth in recent yearsFinancial Times - 1d -
Trump has undermined US economic exceptionalism
The president’s chaotic policies are squandering a decent inheritanceFinancial Times - 13h -
Walmart’s Gloomy Sales Forecast Shows Customers Are Still Feeling the Inflation Squeeze
The company’s earnings forecast for the fiscal year fell below analysts’ expectations.Inc. - Feb. 20 -
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Weather forecasting takes big step forward with Europe’s new AI system
Predictions for up to 15 days ahead expected to improve tracking of extreme eventsFinancial Times - Feb. 25 -
Hims & Hers offers upbeat forecast, but stock slides after hours
Telehealth and wellness platform Hims & Hers on Monday offered a revenue outlook for the year ahead that topped Wall Street’s expectations, but shares fell hard in after-hours trading, in an echo ...MarketWatch - Feb. 25 -
Instacart stock falls as profit forecast comes up short
Shares of Instacart fell after hours on Tuesday, after the grocery delivery app’s forecast for its preferred measure of profit came in below expectations.MarketWatch - Feb. 26 -
This neat trick makes it simpler to forecast a decade of stock-market returns
A new research paper finds that there’s a simpler way of cyclically adjusting earnings to forecast future returns using just one year’s data instead of ten.MarketWatch - Feb. 26 -
Instacart suffers steepest drop on record after disappointing revenue, lackluster forecast
Instacart shares plummeted 12%, their worst day on record, after missing on revenue and issuing lackluster guidance.CNBC - Feb. 26 -
Salesforce makes a pitch for AI ‘agents,’ but its tempered forecast spooks investors
Shares of Salesforce fell after hours on Wednesday after the customer-service and workplace-analytics platform’s full-year outlook came in below expectations.MarketWatch - Feb. 27 -
FirstFT: Nvidia revenues beat forecasts and jump nearly 80%
Also in today’s newsletter, Trump threatens EU with tariffs, and 7-Eleven owner’s founding family ditches buyout bidFinancial Times - Feb. 27 -
Dell forecasts $15 billion of AI server sales this year
Dell said that it sold about $10 billion of AI-optimized servers in its fiscal 2025, and expects to sell about $15 billion in AI system sales this year.CNBC - Feb. 27 -
What NOAA cuts could mean for weather forecasts, natural disaster preparedness
The Trump administration's latest wave of cuts to the federal government hit the National Oceanic and Atmospheric Administration last week. Alan Sealls, president-elect of the American ...CBS News - 3d -
Target’s Sales Forecast Is Down Thanks to Tariffs and a Customer Spending Slump
CEO Brian Cornell says that tariffs on imports from Mexico, Canada, and China could increase prices “over the next couple of days.”Inc. - 2d -
California Rain Forecast Has Water Managers ‘Waiting with Bated Breath’
Back-to-back storms are expected over the next 10 days, potentially bringing a key measure of the state’s crucial water supply up to normal levels.The New York Times - 1d -
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
