Tag Archives: consumers

Hispanic Consumers Spend Less Over Inflation, Immigration Fears  Bloomberg.com Commentary: Cloud of fear hangs over Latino commerce, affecting everything along the supply chain  Crain’s Chicago Business A Quick Opinion: Immigrants fuel our economy  Winters Express Source link

In the United States, we’re currently seeing airlines pressure the Trump administration to eliminate regulations, and instead, allow airlines to self-police. The Trump administration has revealed it won’t move forward with the Biden administration’s proposal to introduce cash compensation for delayed flights, among other things. But we could now even see a reversal of some of the progress that has …

WASHINGTON (AP) — President Donald Trump likes to boast about how much money the U.S. Treasury is raking in from the massive taxes – tariffs — he’s slapped this year on imports from almost every country in the world. “We have trillions of dollars coming into our country,” Trump said Wednesday. “If we didn’t have tariffs, we would be a …

Key Takeaways Tariffs are pushing up prices across the country, squeezing household budgets, according to a report by the Federal Reserve. Consumers facing tariff price pressures are cutting back spending in many places, leading companies to cut back hiring. The “Beige Book” report could amplify concerns about the job market among Fed policymakers and push the central bank to cut …

McDonald’s is expanding its value meal menu. The reason suggests growing trouble in the economy, analysts say. In an interview Tuesday on CNBC, McDonald’s CEO Chris Kempczinski said the move was in response to growing evidence of a divided consumer landscape: While upper-income households continue to spend freely, the rest are struggling. “Particularly, with middle- and lower-income consumers, they’re feeling …

Kraft Heinz splitting up as consumers veer away from processed foods  The Washington Post Warren Buffett says he is ‘disappointed’ in Kraft Heinz split; shares fall 7%  CNBC Baltimore Ravens announce flock-friendly value menu  yahoo.com Kraft Heinz is splitting into two companies  CNN Kraft Heinz splits, unwinding disappointing merger  Reuters Source link

Constellation Brands, which owns the Modelo and Corona beers in the U.S., lowered its full-year sales and profit outlook Tuesday, citing falling demand among Hispanic customers in particular. Constellation President and CEO Bill Newlands said U.S. purchases of high-end beers have declined over the past few months. Consumers are making fewer trips to buy beer and are spending less per …

NEW YORK (AP) — About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers. According to a Thursday recall notice published by the U.S. Consumer Product Safety Commission, TTI Outdoor Power Equipment is recalling certain models …

Facebook Tweet Email Link When tariffs are tacked on to many imported goods, someone’s got to foot the bill. According to President Donald Trump, foreign countries and overseas businesses are eating the cost. But evidence shows that American consumers and businesses are paying for the tariffs the administration has implemented as its go-to policy levers. “It been proven, that even …

The Federal Trade Commission today sued the operators of LA Fitness and other gyms over allegations they make it exceedingly difficult for consumers to cancel their gym memberships and related services that continued indefinitely unless cancelled. The agency is seeking a court order prohibiting the allegedly unfair conduct and money back for consumers harmed by the difficulty in cancelling memberships. …