Tag #Consumer Spending

Showing 121 to 132 of 279 results

us.cnn.com
🌐 85% Global Worthiness
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Trump's Tariffs Trigger Sharp Decline in US Consumer Spending

President Trump's tariffs on Mexico, Canada, and China, coupled with rising inflation, have caused a significant decline in US consumer confidence and spending, impacting various sectors like retail and travel, and raising concerns about a potential recession.

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48% Bias Score

Reduced Inequality
taz.de
🌐 65% Global Worthiness
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German Bicycle Sales Plummet Amidst Pandemic-Induced Oversupply

German bicycle production and sales significantly decreased in 2024 due to high inventory levels from the pandemic-driven surge in demand, resulting in substantial price reductions for e-bikes; market normalization is expected by 2026.

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36% Bias Score

Responsible Consumption and Production
bbc.com
🌐 75% Global Worthiness
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Credit Card Companies' Luxury Lounge Arms Race Increases Costs for All

Chase opened a new luxury airport lounge at New York's LaGuardia Airport, costing tens of millions of dollars, as part of a credit card company arms race to outdo each other with lavish airport lounges and lifestyle experiences, ultimately increasing costs for all consumers.

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48% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Used EV Prices Plummet Amidst Increased Competition

The average price of a used Tesla Model Y has fallen more than \$6,000 in the past year, to around \$30,000, due to increased competition, a new Model Y release, and high new car prices driving consumers to the used market; used Model 3s are available for under \$15,000.

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40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Macy's Stock Drops 3% on Lower-Than-Expected Sales Forecast

Macy's lowered its annual sales and profit forecast due to decreased consumer spending and new tariffs, causing a 3 percent drop in its stock price; the company expects these pressures to continue into the first quarter of 2024.

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48% Bias Score

Reduced Inequality
nos.nl
🌐 85% Global Worthiness
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Dutch Inflation Rises to 3.8% in February 2025

Dutch inflation rose to 3.8 percent in February 2025, exceeding the European average and the target level, due to increased prices in food, tobacco, and services, despite previous decreases. The government's high spending also contributes.

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24% Bias Score

Reduced Inequality
china.org.cn
🌐 75% Global Worthiness
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China's Economic Growth Boosted by Policy Success

Official Chinese data from October 2024 to February 2025 reveals significant economic growth fueled by policy implementation, with manufacturing, high-tech, and eco-environmental sectors exhibiting strong performance, indicating a sustained improvement in the economy.

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52% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Kohl's Sales Forecast Plummets Amidst Retail Slowdown

Kohl's department store announced a 5-7 percent sales decline projection for 2025 due to weakening consumer spending, causing a 26 percent stock drop and prompting store closures; this follows similar warnings from other major retailers amid recession fears.

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40% Bias Score

Decent Work and Economic Growth
us.cnn.com
🌐 75% Global Worthiness
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US Economy Slows in January, but Underlying Fundamentals Remain Strong

US consumer spending unexpectedly fell 0.2% in January 2025, the first decline in almost two years, impacted by severe weather; however, the underlying economic fundamentals remain solid, with job growth and low unemployment persisting, although inflation remains a concern and trade tensions are cau...

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48% Bias Score

Decent Work and Economic Growth
cnn.com
🌐 75% Global Worthiness
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US Economy Shows Signs of Slowdown Amidst Weather and Trade Uncertainty

US consumer spending dropped 0.2% in January, its first decline in almost two years, impacting a real-time economic growth forecast that turned negative; however, this may be due to severe weather and wildfires, while the labor market remains strong.

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40% Bias Score

Decent Work and Economic Growth
spanish.china.org.cn
🌐 85% Global Worthiness
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Mixue's Hong Kong IPO Reflects China's Booming District-Level Consumption

Mixue, a Chinese bubble tea company, saw its stock price jump 43.21% on its Hong Kong IPO debut on Monday, reaching a market value of over US\$12.86 billion, reflecting the strong consumption growth in China's district-level markets; the company sold 17 million shares at HK\$202.5 each, with individ...

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36% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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Inflation Drives $45 Billion Surge in Credit Card Debt

Rising inflation from 2.4% in September to 3% in January 2025 caused a $45 billion increase in credit card debt during Q4 2024, forcing consumers to borrow for essentials and face higher interest rates, creating a cycle of debt.

Progress

48% Bias Score

Reduced Inequality

Showing 121 to 132 of 279 results