Tag #Economic Downturn

Showing 49 to 60 of 171 results

forbes.com
🌐 75% Global Worthiness
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Moderna Stock Plummets 80% on Reduced COVID-19 Vaccine Sales

Moderna's stock price has fallen over 80% in the last year due to an 83% decrease in revenue from its COVID-19 vaccine, dropping from $18.9 billion in 2022 to $3.1 billion over the last twelve months, and projected to reach $2.1 billion in 2025; this is primarily because of reduced demand as the pan...

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56% Bias Score

Good Health and Well-being
us.cnn.com
🌐 85% Global Worthiness
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US International Tourism Plunges in 2025 Amidst Political and Economic Headwinds

In 2025, international tourism to the US is significantly down, with a projected $12.5 billion decrease in spending and 2 million fewer visitors to New York City compared to 2024, impacting businesses and causing job losses due to anxieties surrounding US immigration policies and political rhetoric.

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44% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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Volkswagen Announces 20,000 Job Cuts in Germany

Volkswagen announced that around 20,000 of its 130,000 German employees joined a voluntary redundancy program to cut 35,000 jobs by 2030, aiming to improve profitability amid falling electric vehicle demand and competition from Chinese automakers.

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40% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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German Automakers Lag Behind China's Rapid Growth

German automakers suffered a 2.3% revenue drop and a one-third profit decrease in Q1 2024, while Chinese manufacturers saw a 15% revenue and 66% profit increase, highlighting a growing competitive gap.

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48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Overinflated US Housing Market Vulnerable to Recession

US home prices soared 25% in 2021-2022, exceeding local incomes and creating an overinflated market vulnerable to correction if a recession hits, impacting specific vulnerable economic sectors like manufacturing and finance.

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40% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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DIHK Predicts Continued German Economic Contraction

The German Industry and Commerce Chamber (DIHK) predicts a 0.3% GDP decline in 2024, citing negative business sentiment due to high costs, weak domestic demand, and uncertain US trade policy; they urge rapid government action including tax cuts and reduced bureaucracy to prevent a third consecutive ...

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44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Miami-Dade Condo Market in Crisis: Values Drop Amidst Broader Housing Slowdown

Miami-Dade County's existing condo values dropped about 1 percent in early 2025, while overall property values grew slightly; stricter regulations, rising maintenance, and insurance costs are driving down buyer demand, impacting some areas more severely than others.

Progress

48% Bias Score

Sustainable Cities and Communities
forbes.com
🌐 75% Global Worthiness
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Caterpillar Stock: Buy Despite Weak Demand and Market Underperformance

Caterpillar stock has lagged the S&P 500 by 12% over six months due to weak demand stemming from high interest rates and inflation; despite this, its valuation is considered reasonable, prompting a buy recommendation, although risks remain and the Trefis High Quality portfolio is suggested as a lowe...

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40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Canadian Banks Report Record Credit Losses, Signaling Economic Concerns

Canada's Big Six banks reported record-high provisions for credit losses (PCL) of $6.4 billion in Q2 2025, a 46.2% annual increase, exceeding the 17.5-year average and indicating growing concern over potential loan defaults amid economic headwinds.

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32% Bias Score

No Poverty
dailymail.co.uk
🌐 85% Global Worthiness
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US Home Purchase Cancellations Surge to Record High

A record 14.3% of US home purchase contracts were canceled in April 2024 (56,000 deals), driven by 7% mortgage rates, economic fears, and high insurance costs in disaster-prone areas, marking a shift to a buyer's market.

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60% Bias Score

Reduced Inequality
bbc.com
🌐 75% Global Worthiness
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UK Car Production Plunges to 70-Year Low

UK car production hit a 70-year low in April 2024 at 59,203 vehicles, down 16% year-on-year and 25% from March, due to tariffs, Easter, and the EV transition; global trends and UK-specific policy uncertainties further complicate the outlook.

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28% Bias Score

Industry, Innovation, and Infrastructure
edition.cnn.com
🌐 85% Global Worthiness
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Hollywood Film Production Plummets 22% in Los Angeles

On-location filming in Los Angeles has declined by over 22% between January and March 2025 compared to the previous year, impacting actors, vendors, and the overall industry due to the combined effects of the pandemic, strikes, wildfires, and competitive tax incentives from other states and countrie...

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 49 to 60 of 171 results