Fitch: Impact of US Tariff Hikes Starting to Appear in Macro Data: Early signs of the effect of US tariffs are beginning to show up in international trade data, with US imports surging in January as businesses sought to increase shipments ahead of tariff imposition, with demand driven by a pick-up in industrial supplies and consumer goods
Consumer spending during Q1 to shrink for first time since pandemic : Consumers in recent months, while buying extra goods in anticipation of import duties, have trimmed spending on restaurants and other discretionary spending
CarePoint's Bankruptcy Plan Needs Changes, Judge Says - Law360: A Delaware bankruptcy judge determined on Tuesday that more work is needed on the Chapter 11 plan from New Jersey hospital operator CarePoint that would have handed control of the health system's medical facilities to one of its creditors, finding the debtor must address another creditor's claim that its collateral has diminished in value.
Climate firm that worked with Meta, Microsoft goes bankrupt | The Seattle Times: Climate startup Aspiration Partners, which boasted a roster of celebrity backers and arranged carbon credits for Meta Platforms, Microsoft and other large companies, filed for bankruptcy weeks after its co-founder was arrested on fraud charges
