Tag #Consumer Spending

Showing 73 to 84 of 358 results

cincodias.elpais.com
🌐 65% Global Worthiness
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Mahou San Miguel's Profits Rise Despite Sales Dip

In 2024, Mahou San Miguel, Spain's leading brewer, reported a 5.9% rise in net profit to €114.8 million, and a record EBITDA exceeding €300 million, despite a 1.4% drop in sales volume due to economic factors and weather conditions. The company is expanding into Europe and the US to overcome tariffs...

Progress

32% Bias Score

Responsible Consumption and Production
cincodias.elpais.com
🌐 65% Global Worthiness
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Spanish Textile Trade Stagnates Despite Slight Sales Increase

The Spanish textile trade reported €11.04 billion in sales in 2024, a slight increase from 2023 but far below pre-pandemic levels; this reflects reduced consumer spending and the rise of online retail, leading to nearly 18,200 store closures since 2019.

Progress

48% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
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Spain's High Service Inflation to Continue Through Summer

The Bank of Spain forecasts high service inflation (around 4%) in Spain until summer's end due to increased tourism and leisure spending, exceeding the healthy economic growth rate; despite moderating consumer growth, consumer credit is surging.

Progress

44% Bias Score

No Poverty
smh.com.au
🌐 75% Global Worthiness
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Australian Households Face Rising Bills Across Multiple Sectors

Starting July 1st, Australian households face increased costs for energy (up to 9.1 percent in NSW), internet (up to $5 monthly for some Telstra plans), and phone services (up to $4 monthly for some Vodafone plans). These increases are due to rising operational costs for businesses, and increased wh...

Progress

24% Bias Score

No Poverty
dailymail.co.uk
🌐 85% Global Worthiness
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UK Consumer Spending: Confidence, Gen Z, and the Future of Finance

Barclays' analysis of UK consumer spending reveals a decline in economic confidence, a rise in experiential spending, and a financial paradox among Gen Z, highlighting the need for enhanced financial literacy and trustworthy advice.

Progress

44% Bias Score

Reduced Inequality
edition.cnn.com
🌐 85% Global Worthiness
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Trump's Tariffs Squeeze US Businesses, Consumers

President Trump's tariffs are significantly impacting the US economy, causing uncertainty among businesses and consumers, affecting hiring, prices, and sales across various sectors, with an initial buying spree now showing signs of slowing.

Progress

52% Bias Score

Reduced Inequality
euronews.com
🌐 85% Global Worthiness
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Amazon VP: E-commerce and High Street Retail Can Coexist in Europe

Amidst widespread European retail closures in 2024, Amazon's VP Mariangela Marseglia argues that e-commerce and high street retail can coexist, citing consumer demand and Amazon's role in offering niche products and supporting SMEs; however, she highlights the challenges posed by Europe's fragmented...

Progress

60% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Pop Mart Founder Wang Ning Joins China's Top Ten Billionaires

Wang Ning, founder of Pop Mart, became China's 10th richest person with a $22.7 billion net worth, driven by the global popularity of its Labubu dolls, resulting in a tripling of the company's Hong Kong-listed shares this year.

Progress

48% Bias Score

Decent Work and Economic Growth
pda.kp.ru
🌐 75% Global Worthiness
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Russian Car Loan Applications Plummet Amidst High Interest Rates and Car Prices

Russian car loan applications plummeted almost 50% year-on-year in May, totaling 90,900 due to high interest rates (25-26%), high car prices (average 3 million rubles), and attractive deposit rates. New car sales dropped 15% while used car sales plummeted 65.3%.

Progress

52% Bias Score

Reduced Inequality
theguardian.com
🌐 65% Global Worthiness
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John Lewis Reduces Partnership Credit Card Rewards for External Spending

Starting August 1st, John Lewis Partnership credit cardholders will earn fewer points on non-John Lewis/Waitrose purchases (one point per £10 instead of £4), though in-store rewards remain unchanged; this follows a similar reduction in 2020 and aligns with competitor practices.

Progress

44% Bias Score

Reduced Inequality
us.cnn.com
🌐 85% Global Worthiness
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Trump Tariffs Trigger Economic Uncertainty and Price Hikes

President Trump's tariffs are significantly impacting the US economy, causing businesses to raise prices, reduce hiring, and face uncertainty, while consumer buying frenzies driven by tariff fears show signs of slowing.

Progress

56% Bias Score

Reduced Inequality
nbcnews.com
🌐 85% Global Worthiness
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Dollar General Q1 Earnings Beat Expectations, Stock Surges 16%

Dollar General's first-quarter earnings surpassed expectations, with $1.78 EPS against $1.48 projected and $10.44 billion in revenue exceeding $10.31 billion expected, driven by increased spending from middle- and higher-income shoppers seeking value amid tariff concerns, leading to a 16% stock surg...

Progress

36% Bias Score

No Poverty

Showing 73 to 84 of 358 results