Plane tickets are getting cheaper as domestic travel demand weakens

Plane tickets are getting cheaper as domestic travel demand weakens

Is a recession brewing in row 33? Airline CEOs this month warned Wall Street that passengers’ appetite for domestic trips is coming in lighter than they had hoped when they set forecasts high at the start of 2025. On a series of earnings calls, they said the reasons range from President Donald Trump‘s whipsawing tariff … Read more

Pepsi, Chipotle, P&G cut earnings forecasts

Pepsi, Chipotle, P&G cut earnings forecasts

A Chipotle store stands in the Bronx on April 23, 2025 in New York City. Spencer Platt | Getty Images From Procter & Gamble to Chipotle, consumer companies are slashing their forecasts, projecting that tariffs will weigh on their profits and put more pressure on an already shaky consumer. At least a dozen companies have … Read more