— whose theatrical pop once recalled Madonna and now serves as a reminder that big belts are cinema, whisper singers be damned — will release her seventh studio album on Friday, March 7. Titled “Mayhem,” and following 2024’s
JetBlue Airways pulled its financial forecast for the year over worries about slowing travel demand as consumer confidence weakens.. Tariffs threaten to raise prices on a wide range of consumer goods, worsening inflation and squeezing consumers. Discretionary spending on travel is often among the first budget items that households consider trimming or cutting completely in order to deal with higher costs elsewhere.
“In the first quarter we saw booking strength from January deteriorate into February and worsen into March,” said Marty St. George, JetBlue’s president, in a statement.JetBlue said it is considering capacity reductions, fleet retirement and other costs savings to help boost profits and preserve cash.A report from the Conference Board Tuesday showed that
for the fifth straight month to the lowest level since the onset of the COIVD-19 pandemic.Coca-Cola said the impact of tariffs on its business is likely to be “manageable.”
Still, the beverage giant moderated expectations for its full-year profit. It now expects full-year adjusted earnings to grow 7% to 9%, down from 8% to 10% previously. Coke earned $2.88 per share in 2024.
Coke and other beverage makers are facing aThe economic damage doesn’t just come from the cost of tariffs, but from the erratic way the president imposes them. For instance, the 145% China tariffs were just suspended for 90 days. Likewise, Trump has paused high taxes he slapped last month on imports from countries with which the United States runs trade deficits. Could those levies come back?
Consumers are clearly fearful that the duties will boost prices, as consumer confidence surveys have plummeted since Trump began ramping up his tariff threats in February. The Conference Board’s consumer confidence index hasto its lowest level since the depths of the pandemic in May 2020.
Trader Daniel Kryger works on the floor of the New York Stock Exchange on May 5, 2025. (AP Photo/Richard Drew, File)Trader Daniel Kryger works on the floor of the New York Stock Exchange on May 5, 2025. (AP Photo/Richard Drew, File)