Tag Archives: business

Toyota sees 21% profit decline as tariffs take a bite

Toyota sees 21% profit decline as tariffs take a bite

You need to be aware that Toyota is forecasting a 21% profit decline for the current financial year, highlighting significant challenges ahead for the global automaker. The impact of US tariffs and a stronger yen is weighing heavily on their earnings, despite solid demand for hybrid vehicles. As these factors drive up costs and consumer […]

Trump seems to think America needs a recession. Some people are still recovering from the last one

Trump seems to think America needs a recession
A recession may seem to you just another stage in the cycle of the economy, but it can have deep, even permanent, consequences for people and communities. As President Donald Trump suggests the need to sacrifice some of the economy’s gains in exchange for fighting the coronavirus, it’s worth remembering just what a toll the last recession [...]