US Smartphone Market Continues to Grow, but Expect Shifts

US Smartphone Market Continues to Grow, but Expect Shifts

The market is up by 12% year over year, but tariffs could change that.

General Motors trims 2025 guidance, anticipating potential $5 billion tariff impact

General Motors is lowering one of its full-year financial forecasts as the company braces for the potential impact of auto tariffs

Russia Triples 2025 Budget Deficit Forecast to 1.7% of GDP

Russia has more than tripled its 2025 budget deficit forecast to 1.7% of GDP, up from a previous estimate of 0.5%, citing falling oil prices triggered by the Trump administration’s escalating tariff war.

US economy shrank in early 2025 as Trump tariffs sapped growth

The United States economy shrank in the first three months of 2025, contracting by an annualised rate of 0.3% – a stark reversal after nearly three years of...

US economy shrinks as firms import more ahead of tariffs

The world's largest economy contracted at an annual pace of 0.3% in the first three months of 2025.

US economy unexpectedly shrank in first three months of 2025 on import rush ahead of Trump tariffs

The US economy unexpectedly contracted in the first three months of 2025 as President Trump’s tariffs sent companies rushing to expedite imports, according to data released on Wednesday.