Tag #Consumer Spending

Showing 121 to 132 of 357 results

cnn.com
🌐 85% Global Worthiness
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Tariff Fears Drive US Consumer Spending Surge in March

Fueled by tariff fears, US consumer spending jumped 0.7% in March 2019, the largest monthly increase in over two years, driven by strong durable goods purchases, particularly automobiles, despite slowing inflation and concerns about future economic impacts of President Trump's policies.

Progress

56% Bias Score

Decent Work and Economic Growth
edition.cnn.com
🌐 85% Global Worthiness
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US Tariffs on Chinese Goods Hike Prices on Temu and Shein, Hitting Low-Income Consumers

Increased tariffs and the expiration of a duty-free exemption on Chinese imports are causing price hikes on Temu and Shein, disproportionately impacting lower-income Americans who relied on these platforms for affordable goods, forcing them to cut back on spending.

Progress

48% Bias Score

No Poverty
forbes.com
🌐 75% Global Worthiness
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Microsoft Raises Xbox Prices Amid Rising Production Costs

Microsoft announced price hikes for its Xbox consoles and games, citing rising production costs and market conditions; the Xbox Series X 2TB Galaxy Special Edition now costs $729.99, a 21% increase, following Nintendo's similar price increase on its Switch 2 console.

Progress

48% Bias Score

Reduced Inequality
us.cnn.com
🌐 85% Global Worthiness
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Tariff Fears Drive US Consumer Spending Surge in March

Fueled by tariff fears, US consumer spending jumped 0.7% in March 2019, the largest monthly gain in over two years, as Americans bought durable goods, especially cars, despite overall inflation slowing to its lowest rate since September and first-quarter economic contraction.

Progress

48% Bias Score

Decent Work and Economic Growth
abcnews.go.com
🌐 85% Global Worthiness
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US Inflation Cools, Consumer Spending Rises Amidst Tariff Concerns

US consumer prices cooled to 2.3% year-on-year in March, down from 2.7% in February, while consumer spending rose 0.7%, boosted by an 8.1% surge in auto purchases likely due to preemptive buying ahead of new tariffs.

Progress

40% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Starbucks Reverses Automation Strategy, Increases Staffing Amid Declining Sales

Starbucks is increasing staff and reducing automation in approximately 3,000 stores globally, after its previous automation strategy backfired, leading to declining sales, and this is part of a wider turnaround plan by the new CEO, Brian Niccol, despite the company reporting worse-than-expected resu...

Progress

36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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McDonald's Q1 Sales Drop Reflects Weakening Consumer Spending

McDonald's reported a 1% global comparable sales decline in Q1 2025, driven by reduced US spending (-3.6%) among lower- and middle-income consumers due to inflation and economic uncertainty, despite efforts to boost demand with value meals.

Progress

40% Bias Score

No Poverty
dailymail.co.uk
🌐 75% Global Worthiness
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Costco's Growth Challenges Walmart's Grocery Dominance

Walmart controls 20% of US grocery sales (25% with Sam's Club), while Costco's share increased from 7.6% in 2023 to 8.5% currently, driven by value offerings and its Kirkland brand.

Progress

32% Bias Score

Reduced Inequality
us.cnn.com
🌐 75% Global Worthiness
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McDonald's Q1 2025 Sales Drop Amidst Economic Uncertainty

McDonald's reported a drop in first-quarter 2025 net income to \$1.87 billion, with a 3.6 percent decline in US same-store sales due to weakening consumer spending amid economic uncertainty and geopolitical tensions; the company is responding with menu changes and new product launches.

Progress

40% Bias Score

No Poverty
cnn.com
🌐 85% Global Worthiness
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Tariff Fears Drive US Consumer Spending Surge

Fueled by tariff fears, US consumer spending jumped 0.7% in March 2019, the largest monthly gain in over two years, as Americans rushed to buy durable goods, particularly cars, despite overall inflation slowing to its lowest rate since September and a first-quarter economic contraction.

Progress

36% Bias Score

Decent Work and Economic Growth
edition.cnn.com
🌐 85% Global Worthiness
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Tariffs on Chinese Goods Hike Prices on Temu and Shein, Hitting Low-Income Consumers Hard

The expiration of a duty-free import exemption and increased tariffs on Chinese goods are causing price hikes on popular e-commerce sites Temu and Shein, disproportionately affecting low-income American consumers who heavily rely on these platforms for affordable products.

Progress

52% Bias Score

No Poverty
theglobeandmail.com
🌐 85% Global Worthiness
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Coca-Cola Q1 Earnings Beat Expectations Amidst Global Trade Uncertainty

Coca-Cola reported better-than-expected Q1 revenue and profit ($11.22 billion, 73 cents per share) exceeding analysts' estimates, driven by price hikes and strong demand, despite a North America volume decline and global trade uncertainties; the company maintained its full-year forecasts.

Progress

40% Bias Score

Responsible Consumption and Production

Showing 121 to 132 of 357 results