American Airlines withdrew its full-year profit forecast Thursday, citing economic uncertainty that has clouded its outlook for hiring and capacity additions. Executives from the large US carrier said business travel remained on solid footing as it projected second-quarter profitability amid healthy demand for international travel from the United States. While American plans to add between … Read more
The International Monetary Fund (IMF) has lowered its growth forecast for the global economy this year to 2.8% from 3.3%, saying that trade tariffs are “a major negative shock.” Among individual countries, the IMF slashed its 2025 growth projection for China’s economy to 4% this year, down from a projection of 4.6% … Read more
Taiwan Semiconductor Manufacturing Company (NASDAQ:TSMC) shares showed some mojo on Thursday, as the company maintained its annual revenue forecast after it quarterly beat profit expectations, thanks to a continued surge in demand for AI chips. Here are TSMC’s first-quarter results versus First-quarter revenue: $839.25 billion New Taiwan dollars, vs. NT$835.13 billion expected Net … Read more
In releasing its latest financial results, Delta Air Lines (DAL) said it cannot reaffirm its 2025 outlook because of declining bookings and economic uncertainty caused by U.S. trade tariffs. Delta Chief Executive Officer (CEO) Ed Bastian called U.S. President Donald Trump’s trade policies “the wrong approach” and said they are hurting air travel … Read more
Higher risks of recessions and higher-than-expected OPEC+ production prompted Goldman Sachs to slash again its oil price forecasts for 2026, days after it had already cut its price outlook in the wake of the U.S. tariffs announcement last week. Goldman Sachs’s analysts issued a new note dated April 6, … Read more
Joe Maring / Android Authority TL;DR Pixel users are reporting that their lock screen weather forecast is out of sync, showing yesterday’s weather for today and today’s forecast for tomorrow. The Pixel Weather app and notifications display accurate weather data, suggesting the problem is specific to the At a Glance feature. The issue may be … Read more
The Office for Budget Responsibility has halved the UK growth forecast for 2025 from 2% to 1%, Chancellor Rachel Reeves has said. However, the fiscal watchdog said that while growth has been downgraded for this year, it had been upgraded for every year after for the rest of this parliament – which is due to … Read more
A FedEx plane prepares to leave the FedEx Cargo Hub at Miami International Airport on Feb. 12, 2025 in Miami, Florida. Joe Raedle | Getty Images FedEx lowered its full-year profit and revenue forecasts on Thursday, as the parcel delivery firm battles stubbornly soft demand and uncertainty in the U.S. industrial economy as President Donald Trump … Read more
The Organisation for Economic Co-operation and Development (OECD) has lowered its growth forecast for both the U.S. and global economies, citing the likely impacts of trade tariffs. The OECD reduced its projection of U.S. GDP to 2.2% in 2025 and 1.6% in 2026. Previously the organization expected the American economy to expand … Read more
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Pepe eyes a $50b market cap, Lightchain AI is emerging as a serious contender with its AI-powered blockchain. Can Pepe (PEPE) reach a $50 billion market cap? While 2025 forecasts remain optimistic, another … Read more