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Major firms cut earnings forecasts as Trump’s tariffs are posed to impact everyday product prices — here’s how it could affect your wallet

Procter & Gamble, Pepsico and LG cut forecasts significantly on Thursday, warning of rising prices for everyday products ranging from toothpaste to toilet paper due to President Trump’s tariffs. Procter & Gamble – the conglomerate behind major brands like Tide, Charmin, Bounty, Luvs and Crest – predicts flat sales growth from pre-projections of 2% to […]

Southwest Airlines joins rivals Delta, United in cutting flights, scrapping forecasts

Southwest Airlines became the latest US airline on Wednesday as President Trump’s trade war created the biggest uncertainty for the industry since the Covid-19 pandemic. As the economy could deteriorate, it is little clear about how consumers will behave, and airlines have struggled to accurately predict their business. Travel is a discretionary item for many […]

Trump’s speech forecasts a LASTING ‘Golden Age’ in America

Not long ago, Americans across the country had lost hope for a better future. After Trump's Congress speech, it appears that his presidency will be the one who will change it. “This new iteration of Donald Trump is an American orator. He can go seamlessly from raising the spirit of America and including within us […]

Warner Bros. Discovery forecasts big jump in streaming profit

Warner Bros Discovery said it expects streaming profits to double this year, predicting at least 150 million subscribers will be projected for the business by 2026, setting bold goals to benefit Max's global deployment and tight cost control. The company's shares rose more than 9% on Thursday to $11.49, with investors losing their surprising fourth […]

Nvidia forecasts first-quarter revenue above estimates

“Claman Countdown” panelists Scott Bauer and David Lebovitz have launched the sale of market volatility and big technology. NVIDIA forecasts first quarter revenues ahead of the market on Wednesday, and expects strong demand for its major AI chips to last as businesses spend a lot of money to expand their generative artificial intelligence infrastructure. The […]

Fed’s Waller sees cooler inflation despite higher forecasts

U.S. Federal Reserve President Christopher Waller responded to the central bank's forecast for rising prices and growing expectations among investors that the Fed may not cut rates significantly this year. , showed a redoubled stance on further interest rate cuts and curbing inflation. “We believe that inflation will continue to move toward our 2% target […]