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On the other hand, the manufacturing and retail sectors remained upbeat despite the pressures stemming from the foreign conflicts.  "This optimism appears to have been supported in particular by stronger export demand in the March quarter, despite manufacturers reporting an easing in both cost and pricing pressures over the quarter, manufacturing sector profitability deteriorated," the report read. Investment cuts among firms Meanwhile, another 12% of the report's respondents also indicated that they plan to cut back on their building investments over the coming year, while another nine per cent plan...

WASHINGTON (TNND) — The U.S. economy is showing signs of stability, but a wave of layoffs is sweeping through major companies, including Procter & Gamble, Microsoft, Citigroup, Walmart, Klarna, Disney, Paramount, and Warner Bros. Discovery, according to CNBC. Despite a steady labor market, these companies are under pressure to reduce costs due to global uncertainty linked to tariffs imposed by President Donald Trump. Experts indicate that while government job cuts are decreasing, companies are still feeling the financial strain. Many have resorted to raising prices, but layoffs remain a significant...