Tag #Economic Downturn

Showing 97 to 108 of 171 results

us.cnn.com
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US Recession Risks Rise Amidst Trump Administration Policies

Rising recession risks in the US, driven by Trump administration policies, threaten to cause widespread economic and social hardship, disproportionately impacting vulnerable populations and potentially hindering recovery.

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44% Bias Score

No Poverty
welt.de
🌐 75% Global Worthiness
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Bosch Home Comfort Group Reports 12.5% Revenue Drop in 2024

Bosch Home Comfort Group reported a €4.4 billion revenue in 2024, a 12.5 percent decrease year-on-year due to low consumer spending and investment; however, it outperformed the industry decline and expects growth to resume from 2026, supported by a planned acquisition of parts of Johnson Controls' b...

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36% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 65% Global Worthiness
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World's Largest Pet Store, Zoo Zajac, Closes Permanently

Zoo Zajac, the world's largest pet store according to Guinness, permanently closed in Duisburg, Germany on March 17th, 2023, due to financial struggles following the death of its founder, Norbert Zajac, and increased costs, resulting in the loss of 150 jobs.

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48% Bias Score

Responsible Consumption and Production
nbcnews.com
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401(k) Holders Grapple with Market Downturn Amidst Trade War Concerns

Wall Street turmoil is causing widespread anxiety among 401(k) holders as market declines impact retirement savings; President Trump's trade war is cited as a major contributing factor, leading to increased calls to financial advisors and a shift towards safer investments.

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64% Bias Score

Reduced Inequality
welt.de
🌐 75% Global Worthiness
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German Chemical Industry Forecasts Stagnation for 2025

Germany's chemical and pharmaceutical industry faces a challenging 2025, with projected stagnation and a 1% turnover decrease to €219 billion, following a 2% drop in 2024; however, pharmaceutical production is expected to increase by 2%, offsetting job losses in the chemical sector, while high energ...

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52% Bias Score

Decent Work and Economic Growth
t24.com.tr
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Turkey's Textile and Ready-to-Wear Industry Suffers 65,000 Job Losses in 2024

Turkey's textile and ready-to-wear sectors experienced a combined job loss of 65,581 in 2024, dropping total employment below one million for the first time in four years, driven by rising costs, increased competition, and reduced export demand.

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36% Bias Score

Decent Work and Economic Growth
theguardian.com
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Widespread US Protests Target Tesla Amidst Sales Decline and Political Backlash

Widespread protests against Tesla dealerships took place across the US over the weekend, fueled by opposition to Elon Musk and the Trump administration; the demonstrations follow a significant drop in Tesla sales in Europe and a plunge in Musk's net worth, despite a warning from the attorney general...

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52% Bias Score

Reduced Inequality
thetimes.com
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EY Cuts 30 Partners Amid Consulting Downturn

EY is cutting 30 partners, its largest single cut in decades, due to a 4 percent decline in consulting revenue and a 5 percent drop in average partner profits to £723,000, reflecting decreased client spending caused by inflation and rising interest rates, impacting the firm's overall strategy and th...

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40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Canada Retaliates Against U.S. Tariffs Amid G7 Meeting

Despite President Trump's suggestion of annexing Canada, the U.S. Secretary of State confirmed it won't be discussed at the G7 meeting; however, Canada retaliated against new U.S. tariffs with $29.8 billion in counter-levies, and the Bank of Canada lowered interest rates due to the trade war's negat...

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44% Bias Score

Peace, Justice, and Strong Institutions
forbes.com
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Pharmaceutical Layoffs Reflect Industry Pressures and Strategic Challenges

Facing financial pressures from natural business cycles and regulatory changes, major pharmaceutical companies like Moderna, Biogen, and Johnson & Johnson are laying off employees, raising concerns about the future of research and development.

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36% Bias Score

Good Health and Well-being
dw.com
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US Stock Market Plunges Amid Trump's Policies and Tech Competition

On March 10th, 2025, US stock market indexes plummeted to multi-month lows, losing trillions of dollars, primarily attributed to President Trump's policies, trade tensions, and the rise of Chinese tech firms; President Trump's comments on a potential economic "transitional period" exacerbated the de...

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44% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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Gerry Weber Files for Insolvency Again

German fashion company Gerry Weber filed for insolvency for the third time on March 25th, 2024, impacting 230 employees in Germany, due to a weak consumer climate and rising costs, while aiming to continue operations and find a new owner.

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40% Bias Score

Decent Work and Economic Growth

Showing 97 to 108 of 171 results