The first quarter of 2025 was the slowest first quarter for M&A deals in more than a decade, according to Dealogic. That’s largely thanks to uncertainty about the economy and the regulatory environment.

Bryan Tetorakis opened a listening bar in Cleveland last year. As costs fluctuate, he’s substituting menu ingredients to manage prices and profit.

Sales and hiring have dropped in the restaurant industry amid harsh weather conditions and economic uncertainty.

“It feels like it’s been psychological torture,” said Daniella Velazquez de León, general manager of Organics Unlimited.

Tariffs, uncertainty for businesses and consumer caution make a slowdown more likely, some economists say.

As the gap between returns on government bonds versus corporate bonds mounts, investors are growing more cautious.

Companies that make gas-powered vehicles need regulatory credits. Tesla and Rivian have plenty to sell to them.

Core customers — those earning less than $40,000 per year — are cutting back even on items once considered necessities.

Many restaurants are leaning more into takeout, which allows the same number of staff to produce more meals.

The retailer reported positive results in its latest earnings report.