Moody’s cited rising debt saying US had repeatedly failed to end the trend of large annual fiscal deficits and interest.
The proposed merger, which would create the largest cable provider in the US, could face antitrust hurdles.
Days earlier, Novo Nordisk cut its sales and profit forecast for first time since the launch of Wegovy four years ago.
Walmart is a bellwether of US consumer health and its statement is a signpost of the impact of the trade war.
The investigation comes amidst months of turmoil for the company, sending its stock plunging.
Trump’s policies have roiled global markets and left businesses stumped on how to plan for the foreseeable future.
The White House reports $5.1T in promised investments, with $4.3T newly pledged. Experts say $2.1T may not fully happen.
![US President Donald Trump speaks with reporters as he signs executive orders and proclamations on May 4 in the Oval Office of the White House in Washington, DC, the United States [File: Alex Brandon/AP Photo]](https://www.aljazeera.com/wp-content/uploads/2025/05/AP25125778007759-1746544136.jpg?resize=270%2C180&quality=80)
The deal marks the first trade agreement by the US since President Donald Trump imposed a universal 10-percent tariff.
While a report from the US Labor Department showed positive signs, other economic indicators suggest a looming downturn.
The White House calls the decision ‘hostile’ as the e-commerce giant denies any proposal is under consideration.
Surveys show businesses and consumers are pessimistic about economic outlook as Trump completes 100 days in office.
Apple is in talks with its outsourcing partners in India to execute this plan amid soaring trade tensions, as per FT.
Margins between CEO pay have long been a point of contention between workers and a rallying cry for progressives.
Wall Street rallies after US Treasury Secretary says trade war with China ‘unsustainable’.
