consumer spending - Page 2

4 weeks ago

Markets Rise but Risks Linger as Tariff Deadline Nears

Trump’s trade blitz jolts stocks, spending, and sentiment After launching a wave of tariffs earlier this year, President Donald Trump has temporarily paused his most aggressive trade measures, giving global markets a

us-inflation-shows-minimal-change-amid-tariff-uncertainty

Economy

2 months ago

US Inflation Shows Minimal Change Amid Tariff Uncertainty

In April, inflation remained largely unchanged as the effects of President Donald Trump’s newly implemented tariffs had yet to show up in consumer prices, according to a report from the U.S. Commerce

Economy

6 months ago

US Economy Grows 2.5% in 2024, Trump Policies Add Uncertainty

The US economy expanded 2.5% over the past year, according to Commerce Department figures released Thursday, underscoring the solid economic foundation inherited by President Donald Trump. Consumer spending remained strong, supported by

US Consumer Confidence Hits 4-Year Low in March

Economic outlook dims as inflation fears and Trump policies weigh Americans are growing more pessimistic about the future of the U.S. economy, with consumer confidence falling to its lowest level in over

4 months ago

Economy

Nike Faces Challenges as Tariffs and Weak Spending Cloud Earnings

Analysts Expect Modest Q3 Results Nike is set to report its fiscal third-quarter earnings after the market close on Thursday. As the world’s largest sneaker company navigates economic uncertainty, analysts have lowered

4 months ago

Business

Dollar General Reports Mixed Q4 Results, Plans Store Closures

Dollar General (DG) on Thursday posted fiscal fourth-quarter revenue that slightly exceeded Wall Street estimates, though profit took a hit due to a store portfolio review. Store Closures and Strategic Shift As

5 months ago

Business

Egg Prices Soar as U.S. Investigates Possible Price Fixing

The U.S. Justice Department has launched an investigation into the rising cost of eggs, focusing on whether producers have conspired to hike prices, according to a report by The Wall Street Journal

5 months ago

Economy

Dine Brands Revamps Applebee’s and IHOP Amid Sales Decline

Dine Brands, the parent company of Applebee’s, IHOP, and Fuzzy’s Taco Shop, is launching a bold initiative to modernize its restaurant chains as it faces declining sales and shifting consumer habits. Challenges

5 months ago

Business

Macy’s Forecasts Weak Sales and Profit as Tariffs Weigh

Macy’s projected lower-than-expected annual sales and profit on Thursday, highlighting ongoing struggles for U.S. retailers facing reduced consumer spending and new trade restrictions. Shares of the company fell 3% in early trading

5 months ago

Business

Home Depot Surpasses Expectations Amid Housing Slump

Home Depot exceeded Wall Street’s sales expectations for the fourth quarter, demonstrating resilience amid elevated interest rates and sluggish demand for large home improvement projects. Despite the challenging economic landscape, Home Depot

5 months ago

Investing

Japan’s Economy Grows 2.8% in Q4, Driven by Exports

Japan’s economy grew at an annualized rate of 2.8% in the October-December period, surpassing expectations, driven by steady exports and moderate consumption. The world’s fourth-largest economy expanded 0.7% quarter-over-quarter, marking its third

5 months ago

Economy

U.S. Producer Prices Surge as Inflation Pressures Build

Inflation Reignites as Producer Prices Climb U.S. producer prices saw a significant rise in January, reinforcing concerns that inflation is once again picking up momentum. According to the Bureau of Labor Statistics

6 months ago

Economy

PepsiCo Faces Sales Decline Amid Consumer Spending Shift

PepsiCo’s latest earnings report reveals a tough market environment as the snack and beverage giant struggles with weakening demand in the U.S., its largest market. The company missed quarterly revenue expectations and

6 months ago

Investing