LVMH Exceeds Sales Expectations, Signaling Luxury Sector Turnaround
LVMH reported €84.68 billion in 2024 sales, exceeding analyst forecasts and showing 1% organic growth year-over-year, driven by strong performance in Europe, the U.S., and Japan, despite weakness in Asia and lagging performance in some segments.
LVMH Exceeds Sales Expectations, Signaling Luxury Sector Turnaround
LVMH reported €84.68 billion in 2024 sales, exceeding analyst forecasts and showing 1% organic growth year-over-year, driven by strong performance in Europe, the U.S., and Japan, despite weakness in Asia and lagging performance in some segments.
Progress
36% Bias Score
Plummeting Consumer Confidence Fuels UK Economic Gloom
A new survey reveals UK consumer confidence has fallen to its lowest level since December 2023, fueled by rising inflation, stagnant growth, and government policies impacting businesses, resulting in job cuts and reduced sales; the Chancellor is attempting to attract investment at the Davos World Ec...
Plummeting Consumer Confidence Fuels UK Economic Gloom
A new survey reveals UK consumer confidence has fallen to its lowest level since December 2023, fueled by rising inflation, stagnant growth, and government policies impacting businesses, resulting in job cuts and reduced sales; the Chancellor is attempting to attract investment at the Davos World Ec...
Progress
68% Bias Score
Britons' Optimism on Personal Finances Defies Widespread Economic Pessimism
KPMG's UK Consumer Pulse survey shows that 40% of Britons believe the UK economy is worsening, while 25% think it is improving, despite 57% of 3,000 respondents feeling financially secure and planning significant spending in 2025; this contrasts with the CBI's prediction of a harsh economic climate ...
Britons' Optimism on Personal Finances Defies Widespread Economic Pessimism
KPMG's UK Consumer Pulse survey shows that 40% of Britons believe the UK economy is worsening, while 25% think it is improving, despite 57% of 3,000 respondents feeling financially secure and planning significant spending in 2025; this contrasts with the CBI's prediction of a harsh economic climate ...
Progress
48% Bias Score
Post-Election Consumer Confidence: A Stark Partisan Divide
Following the US presidential election, consumer confidence among Republicans spiked to a high not seen since November 2020, while Democrats experienced a significant drop to levels last seen in the summer of 2022, reflecting contrasting views on the incoming administration's economic policies and t...
Post-Election Consumer Confidence: A Stark Partisan Divide
Following the US presidential election, consumer confidence among Republicans spiked to a high not seen since November 2020, while Democrats experienced a significant drop to levels last seen in the summer of 2022, reflecting contrasting views on the incoming administration's economic policies and t...
Progress
56% Bias Score
UK Retail Sales Slump in October
UK retail sales growth slumped in October due to anticipated Black Friday deals and a later school break, impacting various sectors. Consumer confidence rose, but spending slowed.
UK Retail Sales Slump in October
UK retail sales growth slumped in October due to anticipated Black Friday deals and a later school break, impacting various sectors. Consumer confidence rose, but spending slowed.
Progress
0% Bias Score
Record Surge in UK Business Distress Amid Falling Consumer Confidence
UK businesses in critical financial distress jumped 50% in the last quarter of 2024 to 46,583, fueled by HMRC's tougher tax stance and falling consumer confidence amid rising costs and economic uncertainty.
Record Surge in UK Business Distress Amid Falling Consumer Confidence
UK businesses in critical financial distress jumped 50% in the last quarter of 2024 to 46,583, fueled by HMRC's tougher tax stance and falling consumer confidence amid rising costs and economic uncertainty.
Progress
32% Bias Score
UK Economy Stagnates Amid Rising Costs and Global Uncertainty
The UK economy is stagnating, impacting businesses and consumer confidence due to rising employer costs, subdued consumer spending, and global uncertainties, including potential US tariffs.
UK Economy Stagnates Amid Rising Costs and Global Uncertainty
The UK economy is stagnating, impacting businesses and consumer confidence due to rising employer costs, subdued consumer spending, and global uncertainties, including potential US tariffs.
Progress
48% Bias Score
US Consumer Confidence Falls Amid Tariff Concerns
US consumer confidence fell to 104.7 in December 2024 from 112.8 in November, below market expectations of 113.5, driven by concerns over President-elect Trump's planned tariffs and their potential impact on the cost of living, with 46 percent of consumers expecting higher prices.
US Consumer Confidence Falls Amid Tariff Concerns
US consumer confidence fell to 104.7 in December 2024 from 112.8 in November, below market expectations of 113.5, driven by concerns over President-elect Trump's planned tariffs and their potential impact on the cost of living, with 46 percent of consumers expecting higher prices.
Progress
40% Bias Score
Tariffs and Tax Cuts: Economic Uncertainty Under a Second Trump Administration
CBS News business analyst Jill Schlesinger discusses the potential economic impact of new tariffs and tax cuts under a second Trump administration, highlighting the uncertainty and risk of increased prices for consumers already struggling with inflation.
Tariffs and Tax Cuts: Economic Uncertainty Under a Second Trump Administration
CBS News business analyst Jill Schlesinger discusses the potential economic impact of new tariffs and tax cuts under a second Trump administration, highlighting the uncertainty and risk of increased prices for consumers already struggling with inflation.
Progress
36% Bias Score