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Amazon CEO Andy Jassy gave a warning to wallet-wary Americans in the wake of President Trump’s tariff agenda — saying the everything site many have come to rely on may have to up prices on common items. Jassy issued an equivocating warning to Amazon customers that the world’s most popular online retailer is facing challenges […]
Jerome H. Powell, the chair of the Federal Reserve, warned that President Trump’s tariffs risk stoking even higher inflation and slower growth than initially expected, as he struck a more downbeat tone about the outlook, despite the economy so far remaining in a “good place.” “While uncertainty remains elevated, it is now becoming clear that […]
The exterior of a Dollar General convenience store on August 30, 2024 in Austin, Texas. Brandon Bell | Getty Images Dollar General CEO Todd Vasos said on Thursday that inflation continues to hurt the discounter’s customers and that the macroeconomic environment won’t improve this year. On the company’s fourth-quarter earnings call, Vasos said customers are […]
Boeing on Saturday warned employees involved in its Space Launch System moon rocket program that it expected to lay off around 400 people. The news comes amid delays and rising costs for NASA’s Artemis program, which was established during President Trump’s first term, and aims to send astronauts back to the moon. Its budget is expected to be […]
