Tag #Consumer Spending

Showing 109 to 120 of 279 results

theguardian.com
🌐 75% Global Worthiness
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Asda's Price War Costs Rivals £3.9 Billion

Asda, facing declining sales, slashed prices on 1,500 products, adding to nearly 10,000 price cuts since January, triggering a price war that cost competitors £3.9 billion in market value; however, challenges remain in improving operational efficiency to attract more customers.

Progress

40% Bias Score

No Poverty
bbc.com
🌐 85% Global Worthiness
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US Tariffs Trigger Consumer Spending Slowdown

Rising US tariffs are causing Americans to curb spending due to inflation and economic uncertainty, leading to falling retail sales and impacting two-thirds of the US economy that relies on consumer spending.

Progress

48% Bias Score

No Poverty
us.cnn.com
🌐 85% Global Worthiness
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Weak US Retail Sales Signal Potential Economic Slowdown

US retail sales rose a meager 0.2% in February, far below expectations, driven by weak consumer spending amid trade war uncertainty and fears of inflation, impacting various sectors including department stores, restaurants, and gas stations.

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52% Bias Score

No Poverty
cnn.com
🌐 85% Global Worthiness
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Trump's Layoffs Trigger Economic Crisis in Washington D.C.

The Trump administration's firing of at least 103,452 federal workers nationwide, impacting 17% of federal employees in the DC metro area, is causing a significant economic downturn in Washington, D.C., with decreased consumer spending, business closures, and a surge in homes listed for sale.

Progress

40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Dollar General Profits Plummet Amid Inflation and Tariff Increases

Dollar General's fourth-quarter 2024 earnings report reveals a 1 percent drop in customer traffic and a 49 percent plummet in operating profits due to worsening customer finances caused by inflation and new tariffs; the company is closing 96 underperforming stores.

Progress

40% Bias Score

No Poverty
edition.cnn.com
🌐 85% Global Worthiness
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Trump's Tariffs Trigger Sharp Decline in US Consumer Spending

President Trump's tariffs, coupled with rising inflation, have caused a significant drop in consumer confidence and spending, impacting various retail sectors and disproportionately affecting lower-income consumers, potentially leading to a broader economic slowdown.

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56% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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UK High Street Closures to Rise in 2025 Amidst Rising Costs

UK high street store closures fell to 12,800 in 2024, down from 13,000 in 2023, but rising business costs are predicted to increase closures in 2025, driven by tax increases and minimum wage hikes, impacting consumer spending and new store openings.

Progress

44% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Three-Year Plan to Boost Consumer Spending

China's five central government departments launched a three-year action plan in February 2024 to boost consumer spending by improving product quality, safety, and consumer rights protection, addressing weaknesses in the consumption environment and aiming to stimulate economic growth by 2027.

Progress

24% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 75% Global Worthiness
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Weak February Retail Sales Fuel U.S. Economic Slowdown Fears

U.S. retail sales rose a meager 0.2% in February, below expectations, driven by decreased consumer confidence amid rising prices and tariffs, impacting roughly two-thirds of U.S. economic activity; January sales were also revised downward.

Progress

48% Bias Score

No Poverty
us.cnn.com
🌐 85% Global Worthiness
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Trump Layoffs Trigger Economic Strain in Washington D.C.

The Trump administration's firing of at least 103,452 federal workers nationwide has led to decreased consumer spending in the Washington, D.C., metro area, impacting businesses and potentially causing a recession this year, while also increasing housing inventory.

Progress

52% Bias Score

Decent Work and Economic Growth
spanish.china.org.cn
🌐 85% Global Worthiness
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China's Economy Shows Strong Growth After Policy Implementation

New data shows China's economy grew significantly in the five months from October 2024 to February 2025, driven by government policies and strong performance in key sectors such as manufacturing, high-tech, and green energy.

Progress

48% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 85% Global Worthiness
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Trump's Tariffs Trigger US Stock Market Plunge

US stocks fell sharply after President Trump announced a 50% tariff on Canadian steel and aluminum, exacerbating existing economic concerns and impacting tech, airline, and retail sectors; the Dow Jones dropped 1.14%, the S&P 500 0.76%, and the Nasdaq 100 0.28%.

Progress

44% Bias Score

Decent Work and Economic Growth

Showing 109 to 120 of 279 results