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Top corpmagazine.com News

US consumer confidence rebounds after five straight months of declines due to tariff anxiety
US Economy · United States

US consumer confidence rebounds after five straight months of declines due to tariff anxiety

64% Center coverage: 157 sources
See the Story
Stellantis names Italian car executive Antonio Filosa its new CEO
Stellantis · Italy

Stellantis names Italian car executive Antonio Filosa its new CEO

50% Center coverage: 85 sources
See the Story
US weekly jobless claims rise more than expected as labor market eases
US Economy · United States

US weekly jobless claims rise more than expected as labor market eases

62% Center coverage: 48 sources
The number of Americans filing new applications for unemployment benefits increased more than expected last week, while the jobless rate appeared to have picked up in May as labor market conditions continue to ease. Initial claims for state unemployment benefits rose 14,000 to a seasonally adjusted 240,000 for the week ended May 24, the Labor Department said on Thursday. Economists polled by Reuters had forecast 230,000 claims for the latest week.See the Story

GM Invests $888 Million to Make Engines at New York Plant

48% Center coverage: 31 sources
General Motors Co. is pouring $888 million into a plant near Buffalo, New York, to make V-8 engines used in full-size SUVs and trucks, the company said Tuesday. Read more...Kathy HochulSee the Story

Inflation Gauge Slows Without Tariff Impact - So Far | Corp! Magazine

A key gauge showed inflation slowing slightly ahead of potential impacts from U.S. tariff policy.Inflation · United StatesRead Article

Fed Unlikely to Cut Rates Despite Cooler Inflation | Corp! Magazine

No material revisions are expected for either real GDP or the GDP Price Index when the second estimate for the first quarter of 2025 is published. Growth of both personal income and spending likely moderated in April after robust increases in the prior month. The headline and core Personal Consumption Expenditures (“PCE”) price indices probably […]Michigan · MichiganRead Article

Here’s How Florida Is Already Feeling the Effect of Trump’s Tariffs

100% Center coverage: 1 sources
Businesses in Florida are bracing to absorb the extra cost of tariffs. Economists anticipate those costs trickling down to consumers.Tariffs · FloridaSee the Story

Boycotts Leave Target With Declining 1st-Quarter Sales

Source: Gary Hershorn / Getty Who would’ve thought alienating part of your customer base would result in lower sales? Clearly not Target, whose months-long FAFO moment has resulted in a pronounced dip in first-quarter sales.  According to AP, Target reported a 2.8% drop in first-quarter sales compared to last year, earning $23.85 billion. While that’s an ungodly sum of money by any estimation, it fell short of the $24.23 billion Wall Street was …United States · United StatesSee the Story

US Filings for Jobless Aid, a Proxy for Layoffs, Inch Down Modestly Last Week as Uncertainty Lingers

69% Center coverage: 42 sources
US Economy · United StatesSee the Story

New Psychotherapist Focuses on Youth, Young Adult Therapy Services

Lisa Lawrence, LCSW, is the latest addition to OSF Saint Anthony’s Psychological Services department roster of mental health professionals OSF Saint Anthony’s Health Center continues fortifying its efforts in addressing the mental health and well-being needs of youth and young adults in the Riverbend region. Lisa Lawrence Lisa Lawrence, M.S.W., licensed clinical social worker (LCSW), psychotherapist, is the newest addition to the robust Psycholo…Mental Health · DetroitSee the Story

UK, allies warn of cyber activity by Russia targeting delivery of support to Ukraine

35% Center coverage: 32 sources
A Russian state-sponsored cyberespionage campaign attributed to APT28 (Fancy Bear/Forest Blizzard) hackers has been targeting and compromising international organizations since 2022 to disrupt aid efforts to Ukraine.Europe · UkraineSee the Story

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