Economy

Switzerland slashes GDP forecast as Trump’s tariffs weigh on economy

Switzerland slashes GDP forecast as Trump’s tariffs weigh on economy

Untere Schleuse wooden bridge in Thun, Switzerland. Education Images | Universal Images Group | Getty Images Switzerland’s government on Thursday cut its 2026 economic forecast for th...

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Wells Fargo, Pfizer CEOs warn U.S. could lose out to China without innovation

Wells Fargo, Pfizer CEOs warn U.S. could lose out to China without innovation

Albert Bourla, CEO of Pfizer, Charlie Scharf, Wells Fargo & Company CEO and Kathy Warden, Northrop Grumman Chair & CEO speak during the Invest in America Forum on Oct. 15, 2025. Aaron C...

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Tariffs are pushing prices higher and consumers are feeling the hit, Fed’s Beige Book shows

Tariffs are pushing prices higher and consumers are feeling the hit, Fed’s Beige Book shows

Shoppers in Walnut Creek, California, US, on Tuesday, Oct. 7, 2025. David Paul Morris | Bloomberg | Getty Images President Donald Trump’s tariffs are pushing inflation generally high...

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Disparity between high- and low-income earners’ views of economy is shocking

Disparity between high- and low-income earners’ views of economy is shocking

Shoppers look at fruit for sale at Frank’s Quality Produce Co. at Pike Place Market in Seattle, Washington, US, on Wednesday, May 28, 2025. M. Scott Brauer | Bloomberg | Getty Images ...

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Fed’s Powell suggests tightening program could end soon, opens door to rate cuts

Fed’s Powell suggests tightening program could end soon, opens door to rate cuts

Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Sept. 17, 2025. Kent N...

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