PRESS AI WORLD

ECONOMY

Toyota Forecasts Significant Profit Decline Amid Tariff Pressures

Friday, May 09

Toyota forecasts a 21% drop in profits for fiscal 2025 due to U.S. tariffs and an appreciating yen, highlighting the impact of trade relations on the auto industry.

ECONOMY

Federal Reserve Holds Interest Rates Steady Amid Trump's Criticism

Friday, May 09

The Federal Reserve maintains interest rates while facing mounting pressure from President Trump, who calls chair Powell a "fool" over rate policies.

ECONOMY

FTX lawsuit against Tom Brady, Stephen Curry, and others narrowed by judge's ruling

Friday, May 09

A federal judge has narrowed the FTX lawsuit against celebrities like Tom Brady and Stephen Curry, allowing only some claims to proceed.

ECONOMY

Global shares rise on trade deal optimism, dollar maintains gains post-Fed meeting

Thursday, May 08

Markets rise on trade deal hopes and dollar strengthens following Federal Reserve's latest meeting outcomes.

ECONOMY

Airlines React to Escalating India-Pakistan Conflict with Flight Cancellations and Reroutes

Thursday, May 08

Airlines are adjusting their flight paths and canceling services in response to the escalating India-Pakistan conflict.

ECONOMY

US Federal Reserve Pauses Rate Cuts Amidst Uncertainty Over Tariffs

Thursday, May 08

The US Federal Reserve pauses rate cuts, citing uncertainties linked to Trump's tariffs, amidst rising inflation and unemployment risks.

ECONOMY

Trump Administration Proposes Elimination of Energy Star Program Amid EPA Reorganization

Thursday, May 08

The Trump administration plans to eliminate the Energy Star program, impacting consumers and energy costs.

ECONOMY

WeightWatchers Files for Bankruptcy, Shifts Focus to Telehealth Services

Wednesday, May 07

WeightWatchers has filed for bankruptcy to eliminate $1.15 billion in debt and expand its telehealth services.

ECONOMY

Columbia University Lays Off 180 Researchers Following Trump's $400 Million Funding Cut

Wednesday, May 07

Columbia University announces the layoff of 180 staff due to funding cuts from the Trump administration over handling campus protests.

ECONOMY

UK and India Forge Landmark Trade Deal Amid Global Trade Challenges

Wednesday, May 07

UK and India have finalized a significant trade deal projected to bolster bilateral trade and reduce tariffs, amid Donald Trump's global tariff impacts.