— U.S. GDP shrank by 0.3% in the first quarter, driven by a 41% surge in imports (which subtract from GDP growth), as consumers and business stocked up to bypass Trump tariffs.
— U.S. payrolls grew by 177,000 in April, defying expectations, with most job gains in healthcare; healthy labor market is expected to push Fed rate cuts into July.
— The Conference Board’s index of U.S. consumer expectations for the next six months tumbled to 54, the lowest level since 2011, which Board officials said is consistent with a recession.
— Eurozone inflation was unchanged at 2.2% in April, but services prices rose by 3.9%; the European Central Bank is keeping its key rate at 2.25% pending further data.
— 60% of companies globally have published climate commitments (as of March 2025), same as in 2024, but up sharply from just 28% in 2020, per MSCI report.
Disclaimer: Clicking on any of the above links will take you away from the LNW web page and to the source page. While we believe the information in these articles is relevant, we cannot guarantee its accuracy or completeness.
