The economic impact of the tariffs imposed by the Trump administration will soon become apparent to everyday Americans and ...

Apollo Global Management has a grim warning for the trucking industry: a recession is coming and its bringing mass layoffs.

Apollo Global Management's chief economist projects that, in late May or early June, trucking and retail will see layoffs ...

New data shows companies created 177,000 jobs in April, but the impact of tariffs is expected to hit in May and could send ...

There could be "empty shelves in U.S. stores in a few weeks and Covid-like shortages for consumers and for firms," given a ...

"It is quite evident that the impact of the trade war has caused many shippers to pause, or outright cancel, shipments," says ...

Empty shelves could be coming by next month and a recession will arrive this summer, according to an economist.

The ripple effects of Trump's tariffs could lead to "empty shelves" by the end of May, Apollo's Torsten Slok said.

Apollo Global Management forecasts a severe U.S. recession triggered by recent tariffs, which will lead to widespread layoffs in the trucking and retail sectors amid rising economic uncertainty.

The economic impact of the tariffs imposed by the Trump administration will soon become apparent to everyday Americans and lead to a recession this summer, according to Apollo Global Management.