MINNEAPOLIS (AP) – Target reported another quarter of declining sales and profits as it struggles to regain its footing with customers who are facing higher prices almost everywhere. But the Minneapolis company on Tuesday offered a solid annual profit outlook that was better than Wall Street had been projecting.
LONDON (AP) – Britain’s Treasury chief Rachel Reeves sought Tuesday to paint a rosy picture of the state of the U.K. economy even as oil and gas prices soared and shares tanked in the wake of the fast-evolving Iran war that has cast a pall over the global economic outlook.
WASHINGTON (AP) – The U.S. and Israeli attacks on Iran add yet more question marks around a U.S. economy already buffeted by on-and-off tariffs, weak hiring, and lingering inflationary pressures.
March 2 – The Washington Post says DHS remains unfunded despite heightened terror threat. As America’s conflict with Iran continues, the Department of Homeland Security is warning law enforcement about the heightened risk of lone wolf attacks. Yet the agency tasked with keeping Americans safe – remains unfunded.
Tens of thousands of airline passengers are stranded by the Iran war that has spread across the Gulf region, but some wealthy travelers are getting out – by paying large sums for luxury flights to Europe via airports that are safe from Iranian drone and missile attacks.
BEIJING (AP) – China’s progress in building a modern economy, evident in its kung-fu fighting robots and self-parking cars, is hitting limits as a downturn in its housing industry drags on, small businesses suffer and young people struggle to find jobs.
WASHINGTON (AP) – A federal court on Monday rejected the Trump administration’s attempt to slow the process of refunding billions of dollars’ worth of tariffs the Supreme Court struck down as illegal last month.
WASHINGTON (AP) – President Donald Trump on Tuesday threatened to end trade with Spain, citing a lack of support over the U.S. and Israeli attacks on Iran and the European nation’s resistance to increase its NATO spending.
FRANKFURT, Germany (AP) – Energy prices rose sharply Monday as disruptions to tanker traffic through the Strait of Hormuz and damage to production facilities raised uncertainty about how U.S. and Israeli attacks on Iran would affect supply to the world economy.