OECD forecasts U S growth slows to 1.6 this year
The Organization for Economic Cooperation and Development projects U S economic growth will slow to 1.6 percent this year from 2.8 percent last year as trade wars raise costs and create uncertainty. Global growth is seen at 2.9 percent this year with a similar pace into 2026 amid tariffs and policy volatility.
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Brown-Forman sales fall amid tariff driven demand slump
Brown-Forman Corp, maker of Jack Daniel’s Tennessee Whiskey, reported a 5 percent drop in full-year net sales to about 4 billion, with a 7 percent fall in the fourth quarter. Net income declined 15 percent for the year and 45 percent in Q4 ended April 30. The results reflect tariff tensions and consumer caution, as executives forecast a challenging year ahead with ongoing tariff uncertainty and volatile demand.
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