Brands’ digital advertising budgets are often the first to get cut when the economic horizons look gloomy. That could spell trouble for tech companies.
There are extenuating circumstances, namely the rush to import goods before tariffs hit.
Gross domestic product shrunk 0.3% from January to March as businesses and consumers rushed to buy, buy, buy ahead of tariffs.
The U.K. government has abolished a special status that has allowed wealthy individuals to shelter worldwide assets from British taxes.
“Trump inherited an economy that was firing on most, but not all, cylinders,” said Ryan Sweet at Oxford Economics.
Attempts to be transparent about pricing can potentially be seen as political.
The trade deficit grew as imports increased by $16 billion in March, the Census Bureau reported.
Data out Tuesday from The Conference Board indicates consumers think the tub is draining faster than it’s filling up.
And there’s worse to come.
DoorDash wants to buy Deliveroo, which operates in markets around Europe and the Middle East, for $3.6 billion.
