Business

The financial landscape in America is undergoing a seismic shift, where traditional spending norms are being replaced by novel mechanisms such as ‘Buy Now, Pay Later’ (BNPL) loans. Recent data from Lending Tree paints a sobering picture of the nation’s economic health. Nearly half of American consumers have turned to BNPL services for purchases, with

In recent weeks, the airline industry has faced a barrage of stark warnings from top executives. With pulsating concern, they conveyed to investors and the public alike that the anticipated rebound in domestic travel might be curbed by an unforeseen decline in consumer confidence. Robert Isom, CEO of American Airlines, stated it plainly: nobody is

Recent reports have ushered concerning news regarding the state of the business jet market—a sector often considered a harbinger of economic health. A staggering 49% reduction in customer interest, as revealed by Barclays’ latest survey, highlights not only the waning confidence among potential buyers but also raises questions about broader economic stability. In a landscape

American Airlines, once a titan of the skies, has recently taken a startling step back by withdrawing its financial guidance for 2025. This decision was not made lightly, as the airline faces turbulence stemming from an unpredictable economic landscape and disappointing leisure travel bookings. A mere mention of “uncertain outlook” sends chills down the spine

As the automotive industry grapples with the implications of President Trump’s proposed tariffs, the potential exemptions for certain automakers raise questions about the broader economic landscape. With a backdrop of escalating trade tensions, particularly between the U.S. and China, the automotive sector finds itself caught in a complicated web of regulatory uncertainty. The administration’s current

When one thinks of tennis legends, Andre Agassi inevitably comes to mind. His grace on the court and fiery spirit have transcended the sport itself. Yet, in a bold twist, Agassi has now declared his entry into the burgeoning world of pickleball, an activity that has surged in popularity even amidst global crises. While some

Chipotle Mexican Grill, a name synonymous with quick-service Mexican cuisine in the United States, is gearing up to open its inaugural location in Mexico next year. While this ambitious expansion seems like a strategic move in an increasingly globalized food market, it is essential to dissect the layers of risk inherent in this decision. International

In an age where global commerce is becoming increasingly interconnected, the repercussions of imposing tariffs cannot be overstated. The recent trade tensions between the United States and Canada reveal the drastic effects that these tariffs have on small businesses and long-standing relationships. President Trump’s claim that tariffs would rejuvenate American manufacturing and rectify international trade

In recent years, a concerning trend has emerged among affluent Americans—an increasing number are turning to Swiss banks to manage their wealth. This phenomenon is not merely a response to temporary political climates or economic downturns; rather, it signifies a troubling shift in confidence towards the U.S. financial system and its underlying political stability. The

American Express, a leader in the credit card industry, continues to demonstrate a remarkable resilience even when the broader economic landscape appears shaky. According to Chief Financial Officer Christophe Le Caillec, affluent cardholders are not only holding steady but are also increasing their spending as evidenced by a 6% rise in billed business during the