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Today: April 25, 2025
Today: April 25, 2025

consumer spending

Business|Economy|Finance|Stock Markets

Unexpected UK retail sales jump provides Q1 boost to economy

British retail sales rose unexpectedly in March to cap a strong first quarter for the consumer, providing a much-needed boost to the economy, official data showed on Friday.

Unexpected UK retail sales jump provides Q1 boost to economy
Business|Economy|Finance|Stock Markets

PepsiCo cuts annual profit forecast as tariffs set to drive up costs

PepsiCo on Thursday cut its annual profit forecast as the soda and snacks giant signaled higher production costs and subdued consumer spending due to the uncertainty

PepsiCo cuts annual profit forecast as tariffs set to drive up costs
Business|Economy|Finance|Stock Markets|US

P&G leans on $380 electric toothbrushes, upgraded razors to offset tariffs

Procter & Gamble is betting consumers will shell out for $380 electric toothbrushes, spruced-up Pampers diapers and pocket-sized Always pads,

P&G leans on $380 electric toothbrushes, upgraded razors to offset tariffs
Business|Economy|Finance|Stock Markets|US

PepsiCo lowers full-year earnings forecast on tariff costs and lower consumer spending

PepsiCo lowered its full-year earnings expectations Thursday, citing increased costs from tariffs and a pullback in consumer spending

PepsiCo lowers full-year earnings forecast on tariff costs and lower consumer spending
Business|Economy|Political|US

Tackling tariffs: What some companies are saying, and doing, about tariffs

Tariffs have been forcing companies to give somewhat shaky financial forecasts during their latest round earnings updates

Tackling tariffs: What some companies are saying, and doing, about tariffs
Business|Economy|Finance|Stock Markets|US

Powell says Fed to stay on hold until clarity on tariff impact

U.S. economic growth appears to be slowing, with consumer spending growing modestly, a rush of imports to avoid tariffs likely to weigh on estimates of gross domestic product, and sentiment

Powell says Fed to stay on hold until clarity on tariff impact
Asia|Business|Economy|Political|World

China's economy grew 5.4% in the first quarter as exporters rushed to beat Trump's tariffs

China's economy expanded at a robust 5.4% annual pace in January-March, supported by strong exports ahead of U.S. President Donald Trump’s rapid increases in tariffs on Chinese exports

China's economy grew 5.4% in the first quarter as exporters rushed to beat Trump's tariffs
Business|Economy|Finance|US

US banks flag risks to consumer spending from tariff uncertainty

U.S. consumer spending has benefited from strong wage growth and low unemployment so far, but it faces huge risks if the upheaval sparked by President Donald Trump's trade

US banks flag risks to consumer spending from tariff uncertainty
Business|Economy|Finance|Stock Markets|US

Grocer Albertsons forecasts annual profit below estimates on rising costs

Albertsons forecast annual profit below estimates on Tuesday as the company offers selective discounts and invests in its loyalty program to drive sales while inflation pressures consumer

Grocer Albertsons forecasts annual profit below estimates on rising costs
Business|Economy|Europe

UK shoppers raised their spending in March in face of Trump's tariff onslaught

British shoppers spent more last month even as worries about the global economy grew in the run-up to U.S.

UK shoppers raised their spending in March in face of Trump's tariff onslaught
Business|Economy|Europe

UK economy beats forecasts in February but Trump tariffs threaten future growth

Britain's economy returned to growth in February with its fastest expansion in 11 months, beating economists' expectations and placing it on a

UK economy beats forecasts in February but Trump tariffs threaten future growth
Business|Economy|Europe|Finance|Stock Markets

Britain's JD Sports flags little profit growth even without tariff hit

British sportswear retailer JD Sports forecast little or no profit growth this year, even before any potential impact from U.S. tariffs, with the trading environment

Britain's JD Sports flags little profit growth even without tariff hit
Business|Economy|Finance|Political|Stock Markets|US

Wall Street heavyweights take a drubbing, from airlines to Big Tech

U.S. companies were hammered again in the stock market Friday after China matched President Donald Trump’s tariffs in what is a rapidly escalating trade war

Wall Street heavyweights take a drubbing, from airlines to Big Tech
Economy|Political|US

The US economy added 228,000 jobs last month, but the unemployment rate ticked up

The US economy added 228,000 jobs last month, but the unemployment rate ticked up

The US economy added 228,000 jobs last month, but the unemployment rate ticked up
Asia|Business|Economy

Japan February household spending dips on cost-of-living pressures

Japanese household spending fell for the first time in three months in February, government data showed on Friday, highlighting consumer wariness in the face of

Japan February household spending dips on cost-of-living pressures
Business|Economy|Finance|Political|Stock Markets|US

US bank stocks sink as Trump's tariffs cloud dealmaking, loan demand

Shares of U.S. banks tumbled to multi-month lows on Thursday, after President Donald Trump's sweeping tariffs plan sparked fears of a recession and a

US bank stocks sink as Trump's tariffs cloud dealmaking, loan demand
Business|Economy|Europe

German retail sales rise but import prices cloud outlook

German retail sales in February exceeded expectations but a rise in import prices pointed to a looming surge in inflation, potentially dampening consumer spending,

German retail sales rise but import prices cloud outlook
Asia|Economy|World

Declining Eid travel and spending in Indonesia and discrimination in India dampen holiday spirit

The usual festive mood of Eid al-Fitr holiday to mark the end of the Islamic holy month of Ramadan has been subdued in Indonesia this year as people grapple with soaring prices for food, clothing and essential goods

Declining Eid travel and spending in Indonesia and discrimination in India dampen holiday spirit
Business|Economy|Finance|Political|Stock Markets|US

Wall Street straps in for Trump’s tariff reveal; sees no end to fog of uncertainty

U.S.

Wall Street straps in for Trump’s tariff reveal; sees no end to fog of uncertainty
Business|Economy|Finance|Stock Markets|US

US Feb PCE prices index shows inflation picture still a conundrum

The Personal Consumption Expenditures (PCE) price index increased 0.3% in February after advancing by an unrevised 0.3% in January, the U.S. Commerce Department said on Friday.

US Feb PCE prices index shows inflation picture still a conundrum
Business|Economy|Finance|Political|US

Moderate US consumer spending, increasing prices raise specter of stagflation

U.S. consumer spending rebounded less than expected in February while a measure of underlying prices increased by the most in 13 months, stoking fears the

Moderate US consumer spending, increasing prices raise specter of stagflation
Business|Economy|Finance|Political|US

Weak spending, sticky prices, rising inflation expectations a bad mix for Fed

The U.S.

Weak spending, sticky prices, rising inflation expectations a bad mix for Fed
Business|Economy|US

Consumers are saving more and spending less as Trump’s tariffs loom

Consumers are saving more and spending less as Trump’s tariffs loom

Consumers are saving more and spending less as Trump’s tariffs loom
Business|Economy|Political|US

U.S. economy grew 2.4% in the 4th quarter after upgrade in final growth estimate

The U.S. economy expanded at a healthy annual 2.4% pace the last three months of 2024, supported by a year-end surge in consumer spending

U.S. economy grew 2.4% in the 4th quarter after upgrade in final growth estimate