Tag #Consumer Spending

Showing 37 to 48 of 279 results

spanish.china.org.cn
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China's May Day Holiday: Record Tourism Spending Fuels Economic Growth

The five-day May Day holiday in China saw 314 million domestic trips (up 6.4%), generating 180.3 billion yuan ($25 billion) in tourist spending (up 8%), showcasing robust consumer activity and government initiatives boosting tourism and economic growth.

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48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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ARI's 13% Revenue Growth Outpaces Competitors

Aer Rianta International (ARI) reported a 13% year-over-year revenue increase to €1.4 billion in 2024, exceeding competitor growth rates and driven by increased passenger spending and strategic initiatives, positioning the company for global expansion.

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44% Bias Score

Decent Work and Economic Growth
cnn.com
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US Tariffs on Chinese Goods Hike Prices on Temu and Shein, Hitting Low-Income Consumers

President Trump's tariffs on Chinese imports, along with the expiring de minimis exemption, have caused Temu and Shein to raise prices significantly, impacting low-income American consumers who relied on these platforms for affordable goods; a cabinet that cost $56 now costs over $80.

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40% Bias Score

No Poverty
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.

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48% Bias Score

No Poverty
bbc.com
🌐 85% Global Worthiness
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McDonald's US Sales Plunge 3.6% Amidst Economic Uncertainty

McDonald's US same-store sales plummeted 3.6% in Q1 2025, the steepest drop since June 2020, due to rising prices, economic uncertainty, and the impact of recent tariffs, coinciding with a 0.3% US economic contraction.

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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.

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32% Bias Score

Reduced Inequality
china.org.cn
🌐 85% Global Worthiness
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China's Booming Live Music Industry Drives Economic Growth

Fueled by rising consumer spending, China's live music industry, particularly concerts and music festivals, is experiencing rapid growth, driving services consumption and economic expansion, with events like the Bubbling & Boiling Music and Art Festival in Tianjin attracting significant out-of-town ...

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60% Bias Score

Decent Work and Economic Growth
edition.cnn.com
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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, driven by durable goods purchases, particularly automobiles; however, this surge might precede a period of economic uncertainty.

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40% Bias Score

Decent Work and Economic Growth
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.

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56% 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.

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40% 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.

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48% 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.

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40% Bias Score

No Poverty

Showing 37 to 48 of 279 results