8 h. ago McDonald’s sees its biggest sales drop since the pandemic as customers fearful of economy pull back on spending

The company acknowledged customers are ‘grappling with uncertainty’

Economics

9 h. ago McDonald’s US sales drop by most since height of pandemic in 2020

Fall comes as Trump’s tariffs knock consumer sentiment

Events

27 h. ago Trump tries to blame Biden after U.S. economy shrinks amid fears of tariff

President tries to deflect blame to predecessor as new GDP figures show U.S. economy contracted for first time in three years

Politics

31 h. ago US economy SHRANK in first quarter of the year turbocharging recession fears

The US economy is getting smaller. 

Economics

3 d. ago Jennifer Lopez pokes fun at the economy amid fears of US recession

In a new Instagram post, the 55-year-old superstar shared a meme that poked fun at the economy amid fears of US recession and the rise of consumer prices.

Economics

5 d. ago Americans, including Republicans, losing faith in Trump, new polls reveal

Trump scores poorly on economy and immigration as some fear he is ‘exceeding powers’ and focussed on wrong issuesAmericans, including some Republicans, are losing faith in Donald Trump across a range of key issues, according to polling released this week. One survey found a majority describing the president’s second stint in the White House so far as “scary”.Along with poor ratings on the economy and Trump’s immigration policy, a survey released on Saturday found that only 24% of Americans believe Trump has focussed on the right priorities as president. Continue reading...

Politics

7 d. ago Airlines, rattled by trade war and spending pullback, continue to cut flights, pull outlooks

Major U.S. airlines are reducing their flight schedules and revising or withdrawing their profit outlooks for the year due to less domestic travel demand as sentiment about the national and global economies sours

Events

9 d. ago Marks and Spencer says 'cyber incident' has hit stores after admitting major services were still down

Customers faced pandemonium over the Easter bank holiday break as they were turned away from tills after contactless payments and click-and-collect orders were rocked by the glitch.

Events

1 week ago Fears of the economy tanking are now higher than they were at the height of the Covid pandemic

Dismal fund manager sentiment comes as Federal Reserve warns of increased inflation and slowing growth due to tariffs

Events

2 w. ago Temu and Shein warn of US price hikes from next week due to Trump tariffs

Shein says ‘operating expenses have gone up’ as both Chinese retailers also drop ad spending in USTwo of China’s largest fast fashion retailers, Temu and Shein, have warned US customers that they will face price hikes from next week, as Donald Trump’s hefty tariffs on Chinese imports come into force.Both companies will be hit by new import levies, which will mean taxes of up to 145% being applied to Chinese goods. They will also suffer from Trump’s cancellation of so-called “de minimus” exemption, under which shipments worth less than $800 (£600) could be imported duty-free. Continue reading...

Events

2 w. ago Temu and Shein drop US ad spending as they face tariffs on even small sales

E-tailers also hiking prices after Donald Trump ends ‘de minimis’ exemption for cheap shipments from China and Hong KongTemu and Shein are cutting back their spending on US social media advertising as they lose an exemption on tariffs for many of their shipments from China and Hong Kong.The online e-tailers, both of which ship low-priced China-made goods direct to US shoppers, had been on an ad spree until recently. But under an executive order from Donald Trump, as of 2 May their sales valued at under $800 will no longer be exempt from US tariffs. Continue reading...

Economics

2 w. ago Will global climate action be a casualty of Trump’s tariffs?

Clean energy investors likely to pull back from US, but other countries may seize opportunity to speed transitionDonald Trump’s upending of the global economy has raised fears that climate action could emerge as a casualty of the trade war.In the week that has followed “liberation day”, economic experts have warned that the swathe of tariffs could trigger a global economic recession, with far-reaching consequences for investors – including those behind the green energy projects needed to meet climate goals. Continue reading...

Politics

3 w. ago Rare Apple discounts: AirPods Pro 2, Apple Watch 10 and AirTags all slashed in Amazon deal

Apple rarely drops prices – but this trio of bestsellers has just been slashed in a surprise Amazon sale, from wireless earbuds to trackers.

Economics

3 w. ago Stock markets continue to fall as fears over Trump’s trade war dragging down the economy fuel sell

Friday’s stock market comes after a historically bad day as investors react to Trump’s tariff plan

Politics

3 w. ago Debenhams 87% off sale sees £450 'very sleek and classy' watch drop to under £60

The huge watch sale at Debenhams has shoppers snapping up the STÜHRLING Original Rasa Watch for £59.25

Economics

4 w. ago Donald Trump reveals tariffs UK and others will be charged in war on 'foreign cheaters'

United States President Donald Trump has revealed a list of tariffs on what he is branding 'Liberation Day' which opponents fear will have a crippling effect on the world economy

Politics

4 w. ago Tesla sales drop 13% in first quarter as Elon Musk backlash, aging models hurt demand

Tesla sales fell in the first three months of the year in another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers

Politics

4 w. ago Tesla sales drop dramatically amid backlash against Elon Musk

Tesla delivered 13 percent fewer cars in the first quarter of this year, it has said, amid growing backlash to Elon Musk.

Economics

4 w. ago Scottish economy 'turbulence' fear as Trump prepares to unleash tariffs

Growing unease as firms anticipate “rising costs and escalating geopolitical tension”

Politics

last month Trump tariffs will damage UK economy, Reeves tells Cabinet amid job loss fears

Sir Keir Starmer admits UK unlikely to be spared from sweeping measures to be announced by Donald Trump

Economics