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Tag Archives: Economy

Orders for big-ticket pieces like automobiles and home equipment surged 9.2% in March in rush to overcome price lists

Orders for big-ticket pieces like automobiles and home equipment surged 9.2% in March in rush to overcome price lists

Companies in March speeded up their orders for big-ticket long-lasting items forward of President Donald Trump’s competitive price lists on U.S. imports, the Commerce Department reported Thursday. So-called sturdy items orders soared a seasonally adjusted 9.2% at the month, up from a 0.9% achieve in February and smartly forward of …

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Fewer Americans are making plans summer season holidays. Travel prices don’t seem to be the highest explanation why

Fewer Americans are making plans summer season holidays. Travel prices don’t seem to be the highest explanation why

Fewer Americans are making plans to shuttle this summer season, in line with a survey by way of the patron finance corporate Bankrate. Some 46% of respondents mentioned they’re making plans a summer season holiday this 12 months — down from 53% in 2024. Of those that do not intend …

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Shares of Gucci-owner Kering drop 5% after first-quarter gross sales stoop

Shares of Gucci-owner Kering drop 5% after first-quarter gross sales stoop

A Gucci luxurious boutique in Paris, France, on Tuesday, Oct. 22, 2024.  Bloomberg | Getty Images Shares of Kering fell on Thursday after the French luxurious items team posted less than anticipated first-quarter gross sales and pointed to additional macroeconomic headwinds forward. Revenues on the model large plunged 14% year-on-year within the …

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Corporate America shelled out tens of millions for Trump’s inauguration. Now he is upending many in their companies

Corporate America shelled out tens of millions for Trump’s inauguration. Now he is upending many in their companies

U.S. President Donald Trump delivers remarks on the Business Roundtable’s quarterly assembly on the Business Roundtable headquarters on March 11, 2025 in Washington, DC.  Andrew Harnik | Getty Images America’s richest and maximum tough corporations shelled out tens of millions to fund President Donald Trump‘s inauguration festivities. Three months later, …

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Trump needs automakers to transport car manufacturing to the U.S. It’s now not that straightforward

Trump needs automakers to transport car manufacturing to the U.S. It’s now not that straightforward

Ford Motor Company’s electrical F-150 Lightning at the manufacturing line at its Rouge Electric Vehicle Center in Dearborn, Michigan, on Sept. 8, 2022. Jeff Kowalsky | AFP | Getty Images DETROIT – When President Donald Trump hinted remaining week at a reprieve from 25% auto price lists, he instructed it …

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