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UK consumer spending softens in April, surveys show By Reuters
Investing.com· 12 hours agoBarclays said annual growth in consumer spending on its payment cards slowed to 1.6% in April, its...
Japan's service activity extends gains on solid demand, PMI shows
Reuters via Yahoo Finance· 11 hours agoJapanese service sector activity grew at the fastest pace in eight months in April thanks to solid business and consumer spending, a private survey showed ...
FIS raises annual profit forecast on strong consumer spending
Reuters via Yahoo Finance· 14 hours agoBanking and payments processing conglomerate Fidelity National Information Services raised its forecast for annual adjusted profit and posted a 49% jump in its first-quarter profit on Monday ...
Starbucks sales are slumping. Is it a bellwether for the economy?
ABC News via Yahoo Finance· 11 hours agoStarbucks shares have plummeted more than 17% in value since the company revealed a sales slump in...
Mastercard Says Consumer Spending Is Healthy, Clocks 10% Revenue Growth In Q1
Benzinga via Yahoo Finance· 6 days agoMastercard Inc. (NYSE: MA) reported fiscal first-quarter net revenues of $6.35 billion, up 10% year...
Kraft Heinz Stock Falls After Higher Prices Hit Sales
The Wall Street Journal· 6 days agoThe slowdown in consumer spending is coming for ketchup. Kraft Heinz said Wednesday that quarterly...
How Should You Play Affirm (AFRM) Ahead of Q3 Earnings?
Zacks via Yahoo Finance· 17 hours agoAccording to a report by Adobe Analytics, BNPL services drove online spending in November 2023,...
Heineken to reopen more than 60 closed pubs
BBC via Yahoo Finance· 4 hours agoThe UK pubs industry has been hard hit by closures both during the Covid pandemic and afterwards as cost of living pressures weighed on consumer spending
Retailers jacked up prices and squeezed consumers. They might have just blinked
CNN Business via Yahoo Finance· 1 day agoRetailers are feeling jittery. Consumers aren’t shopping like they used to. In a game of chicken...
Today's 30-year mortgage rates fall, while 15-year terms hold steady | May 6, 2024
FOX Business· 21 hours agoThe interest rate on a 30-year fixed-rate mortgage is 7.125% as of May 6, which is 0.250 percentage...