Bottles of Corona beer, the flagship brand of Grupo Modelo are displayed in this illustration taken in Monterrey, Mexico, February 18, 2025. Daniel Becerril | Reuters President Donald Trump's tariffs aren't the only presidential policy that is weighing on Constellation Brands. Along with tariffs on Mexican imports, his hardline...
Inflation rate eases to 2.4% in March, lower than expected
Consumer price inflation eased more than expected in March as President Donald Trump prepared to launch tariffs against U.S. trading partners, the Bureau of Labor Statistics reported Thursday. The consumer price index, a broad measure of goods and services costs across the U.S. economy, fell a seasonally adjusted 0.1%...
Delta CEO says Trump tariffs are hurting bookings as airline pulls 2025 forecast
Delta Air Lines won't expand flying in the second half of the year because of disappointing bookings amid President Donald Trump's shifting trade policies, which CEO Ed Bastian called "the wrong approach." The carrier said it is too early to update its 2025 financial guidance, a month after it...
Wall Street starts to cut China growth forecasts as trade tensions with U.S. escalate
BEIJING — Citi on Tuesday became one of the first investment firms to lower its China growth forecast on escalating trade tensions with the U.S. In less than a week, U.S. tariffs on goods from China have more than doubled, while Beijing has hit back with more duties and restrictions...