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CEOs are in distress and consumers fear job losses amid ‘stagflation shock,’ analysts warn

The recent array of tariffs the Trump administration has announced have the potential to trigger a recession by summer 2025, according to a new report from Apollo Global Management. Based on Apollo’s potential sequence of events, shipping containers from China to the U.S. slowed down after President Trump’s Liberation Day tariff address this month. Allowing … Read more

CaaStle board confirms financial distress, furloughing employees

CaaStle, a startup that launched in 2011 as a plus-sized clothing subscription service and later became an inventory monetization platform for clothing retailers, is facing financial difficulties, the company confirmed to TechCrunch following a report by Axios. Citing a letter from the board, Axios reported that the company is almost out of money, CEO Christine … Read more

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