Hugh Cameron is Newsweek U.S. news reporter based in London, U.K. with a focus on covering American economic and business news. Hugh joined Newsweek in 2024, having worked at Alliance News Ltd ...

A high-powered executive is warning that his business is about to slow down — all because he sees turbulence ahead for the U.S. economy. John Dietrich, CFO of FedEx, just slashed the company ...

As earnings season comes to a close, corporate America’s financial outlook is only getting worse as President Donald Trump’s policies ramp up unpredictability. FedEx Corp. and Nike Inc., two giant ...

FedEx lowered its full-year guidance for the second time in three months due to what CEO Raj Subramaniam called a “challenging operating environment” in the third quarter that isn’t expected ...

(Bloomberg) -- As earnings season comes to a close, corporate America’s financial outlook is only getting worse as President Donald Trump’s policies ramp up unpredictability. FedEx Corp. and ...

Recession talk is growing, with Goldman Sachs raising its recession probability to 20% recently. Pain is also being felt in ...

FedEx’s stock dropped 11% Friday, as analysts slashed their price targets for the closely watched company on the heels of its fiscal third-quarter update that offered a cloudier view ahead.

The Federal Reserve chose to leave interest rates unchanged as expected at its latest policy meeting, noting that it will take a cautious approach to future decisions due to uncertainty around ...