IMF cuts US economic growth outlook over tariffs, policy uncertainty
Art Raffer, a former Reagan economist, tells Kudrow why investors are worried about President Donald Trump’s trade war. The International Monetary Fund (IMF) cut it on Tuesday US growth forecast Other countries due to uncertainty about trade policies and lower demand. The IMF report cut the US’s 2025 economic growth forecast to 1.8%, reducing it […]
Live updates: Hegseth defends Signal use on 'Fox and Friends'; IMF slashes US growth forecast
Defense Secretary Pete Hegses defended himself after visiting “Fox and Friends” Tuesday morning to reveal that the report shared information in a second signal group chat with his family and his personal lawyer. The defense chief returned to the spotlight following a report from the New York Times on Sunday that he shared the attack […]
Amex Projects Resilient Consumer Demand, Anchored by Gen Z and Millennial Growth – PYMNTS.com
Highlights Despite widespread economic uncertainty, American Express has maintained a confident outlook for the rest of 2025. This trust is attributed to the company’s expectations for stable spending and manageable peak unemployment, especially among wealthy and young clients. Gen Z and Millennial cardholders have been identified as key growth drivers for American Express, indicating strong […]
China beat growth expectations in Q1, but US tariffs cloud outlook
Rep. Warren Davidson of R-Ohio has evaluated President Donald Trump’s customs policy and shares the administration’s ongoing battle with federal judges on the “final line.” China has beaten expectations of first quarter economic growth, but the remaining prospects for 2025 remain dim as Beijing’s orthotics due to the impact of heavy US tariffs. The latest […]
Number of payrolled workers in UK falls by 78,000 as pay growth stays high | Economics
The number of payroll workers for UK companies fell at the fastest pace due to the height of the Covid pandemic amid global uncertainty and warnings that Rachel Reeves’ budget measures could lead to unemployment. National Bureau of Statistics figures show that after a revised decline of 8,000 in February, the number of people employed […]
Stablecoin giant Circle reveals revenue growth in US IPO filing
Ripple CEO Brad Garlinghouse is about the future of Crypto Fuirm after the SEC investigates, adoption of blockchain technology and hopeful adoption of government regulations. Circle Internet Internet Group revealed a jump of nearly 16% of revenue after the market closed on Tuesday. The company reported revenue and reserves of $1.68 billion last year compared […]
Capital One / Discover deal may be back on, ETIAS entry program for EU delayed, and celebrating positive growth for Frequent Miler (Saturday Selection) – Frequent Miler
This Saturday, we'll be revisiting the upcoming ETIAS programme to bring Capital One/Discover Deal to a new look, and tapping on the back a bit! According to a report from NYT Remember when the Capital One/Discover deal went no go and everyone in the comments seemed happy to hear it? Well, it appears that the […]
Left-Wing Program Spending Spree Helped Fuel ‘Explosive Growth’ In Education Dept’s Budget, Report Shows
The Ministry of Education (ED) budget has increased significantly over the years with millions focusing on diversity, equity and inclusion (DEI) programs and overseeing educational programs. Ed spent more than that $250 billion In 2024 alone, “explosive growth” increased 749% from 2000, according to an upcoming report from Open The Books. Meanwhile, the multi-million dollar […]
Elon Musk’s X on pace for first year of ad revenue growth since 2022
Reports show that Elon Musk's X is paced in the first year of revenue ad growth rate as billionaires took over Twitter as their relationship with the White House boosted their business. X is projected to generate $13.1 billion in US advertising sales in 2025. This is expected to increase by 17.5% from the previous […]
Bessent Shifts Financial Stability Panel Focus to Growth, Steers Away From Woke Regulation
US Treasury Secretary Scott Bescent on Thursday showed a change in financial surveillance priorities, urging the Financial Stability Monitoring Council (FSOC) to streamline oversight oversight and focus on promoting economic growth rather than politically advocated regulations. The meeting was held at an executive session at the Treasury Department, marking Bescent's latest move to restructure financial […]