FedEx is the latest company to sound the alarm on the U.S. economy

FedEx Corp. late Thursday cut its profit outlook for a third straight quarter, saying that it reflected "continued weakness and uncertainty in the U.S. industrial economy" hitting demand for its business-to-business services. FedEx (FDX) called for fiscal 2025 sales to be flat to slightly down year on year, compared with a December forecast of flat sales.