Showing 61 to 72 of 279 results
P&G Cuts Forecast Amid Tariff War, Reduced Consumer Spending
Pampers maker Procter & Gamble announced price hikes and lowered its annual forecasts due to rising input costs from the tariff war and decreased consumer spending, expecting a $1 billion to $1.5 billion annual hit to its cost of goods, impacting its $40.85 billion cost in 2024; North American sales...
P&G Cuts Forecast Amid Tariff War, Reduced Consumer Spending
Pampers maker Procter & Gamble announced price hikes and lowered its annual forecasts due to rising input costs from the tariff war and decreased consumer spending, expecting a $1 billion to $1.5 billion annual hit to its cost of goods, impacting its $40.85 billion cost in 2024; North American sales...
Progress
40% Bias Score
Chipotle Reports First Revenue Drop in Five Years
Chipotle's first-quarter 2025 revenue unexpectedly fell 0.4 percent to $2.88 billion, missing Wall Street's expectations of $2.95 billion, due to inclement weather, reduced consumer spending, and potential consumer fatigue, marking the first sales decline in five years.
Chipotle Reports First Revenue Drop in Five Years
Chipotle's first-quarter 2025 revenue unexpectedly fell 0.4 percent to $2.88 billion, missing Wall Street's expectations of $2.95 billion, due to inclement weather, reduced consumer spending, and potential consumer fatigue, marking the first sales decline in five years.
Progress
40% Bias Score
Strong Corporate Earnings Suggest Economic Resilience Despite Recession Fears
Recent financial reports from major retailers (Walmart, Amazon, Home Depot), banks (Citibank, JPMorgan Chase, Wells Fargo), and payroll companies (Paychex, ADP) show strong results, suggesting economic resilience despite broader recession concerns and contradictory data from other sources.
Strong Corporate Earnings Suggest Economic Resilience Despite Recession Fears
Recent financial reports from major retailers (Walmart, Amazon, Home Depot), banks (Citibank, JPMorgan Chase, Wells Fargo), and payroll companies (Paychex, ADP) show strong results, suggesting economic resilience despite broader recession concerns and contradictory data from other sources.
Progress
52% Bias Score
Trump's Tariffs Threaten Luxury Market Recovery
President Trump's increased tariffs on Chinese goods, reaching 245%, threaten the global luxury market's recovery, already facing challenges from economic slowdowns and inflation; LVMH's first-quarter 2025 revenue fell 2%, with fashion and leather goods down 4%.
Trump's Tariffs Threaten Luxury Market Recovery
President Trump's increased tariffs on Chinese goods, reaching 245%, threaten the global luxury market's recovery, already facing challenges from economic slowdowns and inflation; LVMH's first-quarter 2025 revenue fell 2%, with fashion and leather goods down 4%.
Progress
40% Bias Score
US Retail Sales Surge on Pre-Tariff Buying Spree
US retail sales jumped 1.4% in March, the strongest monthly gain since January 2023, fueled by consumers rushing to purchase goods ahead of anticipated tariff increases imposed by President Trump's administration, creating a short-term economic boost but obscuring the underlying economic sentiment.
US Retail Sales Surge on Pre-Tariff Buying Spree
US retail sales jumped 1.4% in March, the strongest monthly gain since January 2023, fueled by consumers rushing to purchase goods ahead of anticipated tariff increases imposed by President Trump's administration, creating a short-term economic boost but obscuring the underlying economic sentiment.
Progress
44% Bias Score
Hermès Overtakes LVMH as Europe's Top Luxury Company
Due to disappointing first-quarter results, particularly weak US and Chinese sales, LVMH lost its position as Europe's largest luxury company to Hermès on Tuesday, with LVMH's market capitalization falling to €246 billion versus Hermès' €247 billion.
Hermès Overtakes LVMH as Europe's Top Luxury Company
Due to disappointing first-quarter results, particularly weak US and Chinese sales, LVMH lost its position as Europe's largest luxury company to Hermès on Tuesday, with LVMH's market capitalization falling to €246 billion versus Hermès' €247 billion.
Progress
44% Bias Score
Pre-Tariff Spending Surge: 3.8% April Increase in Consumer Spending
JPMorgan Chase data shows a 3.8% rise in consumer spending in the first 15 days of April 2025 compared to the same period in 2024, likely due to consumers preemptively buying goods ahead of President Trump's tariff plan, with discretionary spending increasing by 4.3%.
Pre-Tariff Spending Surge: 3.8% April Increase in Consumer Spending
JPMorgan Chase data shows a 3.8% rise in consumer spending in the first 15 days of April 2025 compared to the same period in 2024, likely due to consumers preemptively buying goods ahead of President Trump's tariff plan, with discretionary spending increasing by 4.3%.
Progress
40% Bias Score
China's Instant Tax Refund Boosts Inbound Tourism
China's new instant tax refund policy, implemented nationwide on April 8th, is boosting inbound tourism by allowing international travelers to receive tax refunds at the point of purchase, eliminating airport queues and driving increased spending; in 2024, China saw a record 64.88 million foreign to...
China's Instant Tax Refund Boosts Inbound Tourism
China's new instant tax refund policy, implemented nationwide on April 8th, is boosting inbound tourism by allowing international travelers to receive tax refunds at the point of purchase, eliminating airport queues and driving increased spending; in 2024, China saw a record 64.88 million foreign to...
Progress
48% Bias Score
Supermarkets Boost Easter Sales Amidst Global Uncertainty
Supermarket Easter sales are surging, narrowing the gap with Christmas sales due to global uncertainty pushing consumers towards home celebrations, prompting increased marketing and diverse product offerings.
Supermarkets Boost Easter Sales Amidst Global Uncertainty
Supermarket Easter sales are surging, narrowing the gap with Christmas sales due to global uncertainty pushing consumers towards home celebrations, prompting increased marketing and diverse product offerings.
Progress
44% Bias Score
US Retail Sales Soar on Pre-Tariff Buying Spree
US retail sales jumped 1.4% in March, the best month since January 2023, fueled by consumers rushing to buy goods before President Trump's tariff hikes take full effect; the increase was especially strong in car and auto part sales (5.3%).
US Retail Sales Soar on Pre-Tariff Buying Spree
US retail sales jumped 1.4% in March, the best month since January 2023, fueled by consumers rushing to buy goods before President Trump's tariff hikes take full effect; the increase was especially strong in car and auto part sales (5.3%).
Progress
48% Bias Score
Mixed Markets Amid Trade Uncertainty and Earnings Season
Tuesday's mixed market reactions reflect trade uncertainty and earnings season developments; United Airlines' dual guidance highlights economic uncertainty; the chip sector drops due to tariffs impacting Nvidia and ASML; consumer spending shows strength, but business spending slows.
Mixed Markets Amid Trade Uncertainty and Earnings Season
Tuesday's mixed market reactions reflect trade uncertainty and earnings season developments; United Airlines' dual guidance highlights economic uncertainty; the chip sector drops due to tariffs impacting Nvidia and ASML; consumer spending shows strength, but business spending slows.
Progress
48% Bias Score
B&M Shares Surge on Strong Sales Despite UK Slump
B&M European Value Retail's shares rose 3.8% to 310.5p on Tuesday after reporting £5.6 billion in sales for the year ending March 29, exceeding expectations despite a 3.1% drop in UK like-for-like sales, offset by growth in France and new store openings.
B&M Shares Surge on Strong Sales Despite UK Slump
B&M European Value Retail's shares rose 3.8% to 310.5p on Tuesday after reporting £5.6 billion in sales for the year ending March 29, exceeding expectations despite a 3.1% drop in UK like-for-like sales, offset by growth in France and new store openings.
Progress
36% Bias Score
Showing 61 to 72 of 279 results