Showing 157 to 168 of 206 results
2024 Bankruptcy Wave: Inflation, Shifting Trends Trigger Over 14,000 Job Losses
In 2024, decreased consumer spending due to inflation and evolving trends led to at least 19 company bankruptcies, resulting in over 14,000 job cuts and more than 7,100 store closures, impacting various sectors including retail, restaurants, and home goods.
2024 Bankruptcy Wave: Inflation, Shifting Trends Trigger Over 14,000 Job Losses
In 2024, decreased consumer spending due to inflation and evolving trends led to at least 19 company bankruptcies, resulting in over 14,000 job cuts and more than 7,100 store closures, impacting various sectors including retail, restaurants, and home goods.
Progress
44% Bias Score
Home Heating Costs to Exceed Holiday Spending This Winter
Due to colder temperatures and rising electricity costs, Americans are expected to spend $941 on average for home heating this winter, exceeding the projected $902 average holiday gift spending.
Home Heating Costs to Exceed Holiday Spending This Winter
Due to colder temperatures and rising electricity costs, Americans are expected to spend $941 on average for home heating this winter, exceeding the projected $902 average holiday gift spending.
Progress
32% Bias Score
China's Consumer Market Poised for Steady Growth
China's consumer market is expected to see steady growth next year, driven by government initiatives like a trade-in program that has already generated over 1 trillion yuan in sales and a focus on high-quality service consumption.
China's Consumer Market Poised for Steady Growth
China's consumer market is expected to see steady growth next year, driven by government initiatives like a trade-in program that has already generated over 1 trillion yuan in sales and a focus on high-quality service consumption.
Progress
36% Bias Score
Robust U.S. Consumer Spending Prompts Fed to Revise Interest Rate Projections
U.S. consumer spending rose 0.4% in November, exceeding expectations and driven by increased purchases of vehicles and various services; inflation remained moderate, prompting the Federal Reserve to project fewer interest rate cuts in 2025.
Robust U.S. Consumer Spending Prompts Fed to Revise Interest Rate Projections
U.S. consumer spending rose 0.4% in November, exceeding expectations and driven by increased purchases of vehicles and various services; inflation remained moderate, prompting the Federal Reserve to project fewer interest rate cuts in 2025.
Progress
36% Bias Score
UK Retail Sales Underwhelm in November Despite Black Friday
UK retail sales rose a smaller-than-expected 0.2% in November, despite Black Friday discounts, due to a sharp drop in clothing sales and tough trading conditions; sales remain below pre-pandemic levels.
UK Retail Sales Underwhelm in November Despite Black Friday
UK retail sales rose a smaller-than-expected 0.2% in November, despite Black Friday discounts, due to a sharp drop in clothing sales and tough trading conditions; sales remain below pre-pandemic levels.
Progress
20% Bias Score
\"Weak Consumer Spending and Rising Insolvencies Hamper German Economic Recovery\"\
\"Germany's economic growth remains hampered by weak consumer spending due to high inflation, rising unemployment, and a surge in business insolvencies, with projections indicating a potential record number of bankruptcies in 2025.\
\"Weak Consumer Spending and Rising Insolvencies Hamper German Economic Recovery\"\
\"Germany's economic growth remains hampered by weak consumer spending due to high inflation, rising unemployment, and a surge in business insolvencies, with projections indicating a potential record number of bankruptcies in 2025.\
Progress
48% Bias Score
Party City Closes All Stores, Ending 40-Year Run
Party City, the largest US party supply retailer, is closing all stores immediately, impacting approximately 16,500 employees and ending nearly 40 years in business due to insurmountable financial challenges related to inflation, decreased consumer spending, and competition from e-commerce.
Party City Closes All Stores, Ending 40-Year Run
Party City, the largest US party supply retailer, is closing all stores immediately, impacting approximately 16,500 employees and ending nearly 40 years in business due to insurmountable financial challenges related to inflation, decreased consumer spending, and competition from e-commerce.
Progress
44% Bias Score
Party City Files for Second Bankruptcy in Less Than Two Years
Party City, the nation's largest party supply chain, filed for Chapter 11 bankruptcy on Saturday, its second in less than two years, after announcing store closures starting February 28th and impacting approximately 12,000 employees; about 95% will be retained through the wind-down process; stores w...
Party City Files for Second Bankruptcy in Less Than Two Years
Party City, the nation's largest party supply chain, filed for Chapter 11 bankruptcy on Saturday, its second in less than two years, after announcing store closures starting February 28th and impacting approximately 12,000 employees; about 95% will be retained through the wind-down process; stores w...
Progress
36% Bias Score
US Inflation Slows, but Fed Remains Cautious Amidst Economic Uncertainty
The November PCE price index rose 2.4% year-over-year and 0.1% month-over-month, lower than economists' projections, indicating a slower inflation pace despite uncertainty around future economic policies and global events.
US Inflation Slows, but Fed Remains Cautious Amidst Economic Uncertainty
The November PCE price index rose 2.4% year-over-year and 0.1% month-over-month, lower than economists' projections, indicating a slower inflation pace despite uncertainty around future economic policies and global events.
Progress
32% Bias Score
Weak UK Retail Sales in November Despite Early Black Friday Discounts
Great Britain's November retail sales rose a meager 0.2% month-on-month, defying economists' 0.5% prediction and highlighting weak consumer spending; clothing sales plummeted 2.6%, hitting a low since January 2022, while food and household goods showed modest growth.
Weak UK Retail Sales in November Despite Early Black Friday Discounts
Great Britain's November retail sales rose a meager 0.2% month-on-month, defying economists' 0.5% prediction and highlighting weak consumer spending; clothing sales plummeted 2.6%, hitting a low since January 2022, while food and household goods showed modest growth.
Progress
16% Bias Score
Guangdong Leads China's Economic Stimulus with $9.6 Billion Investment
Guangdong province launched a 70 billion yuan ($9.6 billion USD) initiative to upgrade equipment and stimulate consumer goods exchanges, exceeding national targets and boosting retail sales by over 1 trillion yuan, supported by special treasury bonds and national economic strategies.
Guangdong Leads China's Economic Stimulus with $9.6 Billion Investment
Guangdong province launched a 70 billion yuan ($9.6 billion USD) initiative to upgrade equipment and stimulate consumer goods exchanges, exceeding national targets and boosting retail sales by over 1 trillion yuan, supported by special treasury bonds and national economic strategies.
Progress
36% Bias Score
China's Consumer Promotion Boosts Five Key Cities
During November, five major Chinese cities organized 4,000 consumer promotion events, involving 20,000 businesses, to stimulate demand and showcase China's international consumption centers, boosting the 'early-bird economy' and contributing to the national economic recovery strategy.
China's Consumer Promotion Boosts Five Key Cities
During November, five major Chinese cities organized 4,000 consumer promotion events, involving 20,000 businesses, to stimulate demand and showcase China's international consumption centers, boosting the 'early-bird economy' and contributing to the national economic recovery strategy.
Progress
40% Bias Score
Showing 157 to 168 of 206 results