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Trump tariffs to increase unemployment, but mass layoffs unlikely

President Donald Trump’s tariffs are expected to cause the unemployment rate to rise over the course of this year, though mass layoffs aren’t expected, according to a new analysis. Allianz economists, in a report published Thursday, said the labor market in the U.S. has remained steady “despite mounting economic headwinds” and…

How Will Comcast Stock Fare Post Q1 Earnings?

Comcast is scheduled to announce its earnings on Thursday, April 24, 2025. We anticipate the company may face some earnings pressure this quarter, driven by intensified competition and sluggish growth in its core broadband segment. Last quarter, Comcast reported a larger-than-expected loss of 139,000 residential broadband subscribers, primarily due to growing competition from telecom firms such as T-Mobile. Additionally, its media division might also encounter challenges due to uneven consumer spending patterns, which could weigh…

Finance news

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I Stayed at Historic Hotel in Los Angeles: Hollywood Roosevelt Review

This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. My husband and I spent $1,050 on three nights at the iconic Hollywood Roosevelt hotel in California. The historic hotel is centrally located in Hollywood, with stunning architecture and…

Business

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How China manipulated US and stole technology while promising free trade

From favored trade status to forced technology transfers, Beijing leveraged American goodwill, market access and corporate greed to become Washington’s most powerful strategic competitor. Around the turn of the century, the U.S. gave up its market dominance on critical minerals, began mass-importing Chinese goods and exporting intellectual property to access…

Markets

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Hertz Stock Up 131% On Ackman’s Iffy Bet Tariffs To Boost Car Value

Many investors have bet against car rental company Hertz Global. But activist investor Bill Ackman has built a 19.8% stake in the company, according to an April 16 Pershing Square Capital regulatory filing, the Globe and Mail reported. Since April 15, Hertz stock – about 40% of whose shares are…

Investing

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