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Lower-income consumers missing out on pay rises fuels fall in sales at B&M
The retailer experienced decreased revenue and profits as consumers with limited income faced stagnant wages, leading to reduced spending amid difficult market conditions in the UK...
Read Full Article →The European Central Bank is almost guaranteed to cut rates. Here's what could happen next
A potential interest rate reduction by the European Central Bank could influence borrowing costs and economic activity, with experts evaluating its possible effects on consumer spe...
Read Full Article →Ford, Hyundai post higher U.S. sales in May on strong SUV, truck demand
In May, increased demand for SUVs and trucks contributed to higher U.S. sales for several automakers, despite challenges from tariff-related cost increases impacting overall profit...
Read Full Article →Dollar General is shaking off tariff fears and winning over higher-income consumers
Dollar General's ability to appeal to a broader, more affluent customer base may enhance its revenue growth potential despite concerns about increased trade costs affecting profit...
Read Full Article →The range of EVs is surging, but certain fears are holding back sales
The limited availability of pre-owned electric vehicles is causing uncertainty among buyers, which may impact overall market growth and consumer willingness to invest in new electr...
Read Full Article →Trump tariffs would still 'pinch' consumers even if trade court block holds, economist says
If certain trade restrictions are prevented by the court, household expenses could still increase by almost $1,000 annually due to tariffs on vehicles and metal products.
Read Full Article →Kohl’s plays down tariff worries, but sees consumers trading down to cheaper goods
Kohl’s exceeded sales forecasts for the first time in over three years and maintained its financial guidance, indicating resilience despite concerns about consumer shifts toward lo...
Read Full Article →These eight data points show how Trump's trade war is already affecting the Canadian economy
The ongoing trade conflict initiated by the U.S. has introduced considerable economic challenges in Canada, contributing to growing concerns among experts about a potential recessi...
Read Full Article →Consumers Breathe Sigh of Relief on U.S.-China Tariff Truce
The temporary easing of trade tensions between the U.S. and China is expected to stabilize market conditions and potentially reduce costs for businesses and consumers in affected i...
Read Full Article →Zonal pricing would mean a postcode lottery for energy
Implementing regional variations in energy costs could create inconsistencies across areas, potentially increasing expenses and causing uncertainty for businesses and consumers in...
Read Full Article →Your Memorial Day barbecue could be cheaper this year — if you ditch hot dogs for this alternative
This year’s Memorial Day cookout may cost less than before, as the prices of certain common grilling items have decreased, potentially easing expenses despite upcoming tariff incre...
Read Full Article →Bond yields jump after Moody’s downgrade of U.S. credit. Why it matters for consumers — and Congress...
The increase in Treasury bond rates following the credit rating reduction may lead to higher borrowing costs, impacting both individuals’ expenses and the government’s ability to f...
Read Full Article →Trade tensions drive consumers to cut back. 'Something has to give,' analyst says
Ongoing tariff conflicts have led to reduced consumer spending on non-essential items, which may impact overall economic growth and company revenues in affected sectors.
Read Full Article →Telstra claimed to cover 99.7pc of the population. Now, its website's changed
Vodafone alleges that Telstra’s previously reported population coverage figures may have been inaccurate, potentially affecting consumer decisions and impacting fair competition wi...
Read Full Article →Walmart helped keep America's prices low for decades. Now it's leading them higher
Walmart’s extensive supply chain influence and cost-saving strategies have historically contributed to lower consumer prices, but recent shifts indicate the company may now be cont...
Read Full Article →Jim Cramer: Walmart and these 2 retailers are best positioned to mitigate tariff price hikes
Walmart and two other major retailers are expected to handle increased costs from tariffs more effectively, potentially lessening the impact of price increases for shoppers in the...
Read Full Article →First it was Canada — now some Europeans are avoiding US brands too
Declining consumer demand for American products in key international markets may result in reduced revenues and market share for US companies, potentially impacting their global fi...
Read Full Article →Interest rate cuts would ‘boost growth’, businesses tell Bank of England
Business leaders believe that lowering borrowing costs could encourage increased consumer spending, potentially strengthening economic expansion following recent growth in the UK's...
Read Full Article →The FTC’s new rule on ticket prices is a win for consumers, experts say — but don't expect it to bri...
The recently introduced FTC regulation aimed at enhancing fee disclosure may increase market clarity for buyers, yet experts suggest it is unlikely to significantly reduce overall...
Read Full Article →Many Americans are struggling with food price inflation. Here's how to save on groceries
Rising grocery expenses are affecting household budgets across the country, prompting individuals to seek effective strategies to manage their spending and maintain financial stabi...
Read Full Article →Warm weather and Easter weekend boosted UK spending in April, says Barclays
In April, UK consumer expenditure notably increased compared to the previous year, driven by favorable seasonal factors and a rise in discretionary purchases, indicating a positive...
Read Full Article →Your next shop will be a lot cheaper as big supermarkets go to war
Increased competition among major retailers is expected to lead to more substantial price reductions and a wider range of affordable products, potentially benefiting consumers with...
Read Full Article →The insidious doublespeak of Trump’s freedom of ‘choice’
The administration’s emphasis on consumer choice in product variety may influence market competition and spending behavior, while simultaneously affecting regulatory costs and long...
Read Full Article →'I freaked out and spent $400 online – it felt like a last hurrah'
Consumers have been increasing their online purchases, sometimes making impulsive higher-value orders, in response to new import fees affecting previously tariff-exempt low-cost sh...
Read Full Article →The aluminum sector isn't moving to the U.S. despite tariffs — due to one key reason
Despite increased duties, U.S. aluminum manufacturing remains subdued as elevated expenses and shifting international trade dynamics continue to discourage relocation of operations...
Read Full Article →Trump says U.S. girls 'could be very happy' with lots fewer dolls under new tariffs
The introduction of elevated tariffs on imported goods from China may influence consumer spending habits and potentially alter the market dynamics for children's toys in the United...
Read Full Article →'Dumpster fire': Retailers urge shoppers to buy now before tariffs raise prices
Retailers are encouraging consumers to make purchases promptly to avoid potential price increases resulting from upcoming tariffs, aiming to maintain sales momentum before consumer...
Read Full Article →Donald Trump’s cartoon-like chaos leaves US economy on unstable course | Heather Stewart
The unpredictable trade measures and inconsistent leadership have contributed to economic instability, causing businesses and consumers to approach financial decisions with increas...
Read Full Article →McDonald’s sees lower foot traffic as revenue misses Wall Street expectations
McDonald's reported a decline in customer visits, leading to revenue falling short of projections, which reflects ongoing challenges faced by consumers amid economic uncertainty.
Read Full Article →Trump calls China the 'chief-ripper-offer' on trade, with no sign of direct talks
The ongoing trade tensions with China, as highlighted by Trump's comments, may lead to significant consequences for American consumers, potentially resulting in supply shortages an...
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