Browsing: Business

Pfizer has raised its full-year adjusted earnings forecast for 2025, driven by cost-cutting measures and robust second-quarter performance that exceeded Wall Street expectations. The pharmaceutical giant now anticipates adjusted earnings per share between $2.90 and $3.10, up from its prior

The risk of a U.S. recession is rising as shifts in monetary and immigration policies amplify economic uncertainty, according to Harvard professor and former World Bank chief economist Carmen Reinhart. In a recent interview with the media, Reinhart emphasized that

Harley-Davidson Inc. has appointed Artie Starrs as its next President and Chief Executive Officer, effective October 1, 2025. The announcement follows the upcoming retirement of Jochen Zeitz, who will remain as Chairman until stepping down on the same date, after

President Donald Trump’s economic agenda is now at the forefront, as recent financial data raises questions about the sustainability of his policies. With the implementation of new tariffs and a sweeping tax and spending bill, the U.S. economy has begun

More than 3,200 members of the International Association of Machinists and Aerospace Workers (IAM) District 837 have voted to reject Boeing’s latest contract offer, setting the stage for a strike that will begin at midnight on Monday. The decision affects

OPEC+ has announced a significant increase in oil production, agreeing to raise output by 547,000 barrels per day starting in September. The decision, made during a brief virtual meeting on Sunday, marks another step in the alliance’s efforts to reclaim

Apple has forecast stronger-than-expected revenue for the current quarter, despite warning of a $1.1 billion impact from U.S. tariffs. The company reported third-quarter earnings that exceeded Wall Street expectations, driven by robust iPhone sales and a rebound in its China

The U.S. labor market added just 73,000 jobs in July, falling short of expectations and signaling a sharp slowdown in hiring as President Donald Trump’s tariff policies weigh on businesses. According to the Bureau of Labor Statistics, the July figure

U.S. President Donald Trump has signed an executive order implementing sweeping tariff adjustments on a wide array of America’s trading partners, marking a decisive shift in U.S. trade policy and reversing decades of global trade liberalization. The new US tariffs,

The United States will suspend its longstanding tariff exemption for low-value imports starting August 29, 2025, under a new executive order signed by President Donald Trump. The exemption, known as the “de minimis” rule, allowed packages valued at $800 or