Category: Consumers
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What changes to the CHIPS act could mean for AI growth and consumers
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Bread path links PMN PMN Business The author of the article: Associated Press Sarah Parvini It was published on February 16, 2025 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content Los Angeles (AP) –…
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Too many wild deer are roaming England’s forests. Can promoting venison to consumers help?
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Breadcrumb links PMN BMN Business Article writer: Associated Press Sylvia Howe Posted on November 12, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content WINCHESTER, England (AP) — In the halflight of dusk, Martin…
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Too many wild deer are roaming England’s forests. Can promoting venison to consumers help?
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Breadcrumb links PMN BMN Business Article writer: Associated Press Sylvia Howe Posted on November 12, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content WINCHESTER, England (AP) — In the halflight of dusk, Martin…
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Used car sales climb as consumers shy away from new vehicles
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The UK used car market continues to grow, with more money-conscious consumers choosing used cars over new ones, according to the Society of Motor Manufacturers and Traders (SMMT). Transactions in the used car market rose by 4.3% year-on-year from July to September, with 1.96 million sales recorded. It is worth…
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Analysis-Cash-strapped consumers are giving Australia’s liquor makers a headache By Reuters
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By Byron Kay SYDNEY (Reuters) – Recent sales declines have forced Sydney liquor store owner Louise Dowling to work 40 hours more a week to make up for staff she has had to let go, as Australia’s cost-of-living crisis prompts more people to drink less alcohol. “Without foot traffic, without…
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‘Big Crypto’ dominates US election spending and exploits consumers, report finds
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Crypto companies have become the dominant force in federal election spending, spending more than $119 million to influence the outcome of the U.S. election. According to a report by According to the nonprofit Public Citizen, nearly half of all corporate money contributed to the US election this year came from…
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Chevron moving to Texas, says California policies discourage investment and hurt consumers
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Justin Sullivan/Getty Images News Chevron (NYSE: CVXThe company’s shares turned negative for the year after the company reported second-quarter earnings that fell 26% year-over-year to $4.43 billion, missing Wall Street expectations, largely blaming weaker refining margins and refinery maintenance at a time when margins were stronger. Chevron CEO Mike Wirth…
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ICYMI – Fed’s Beige Book eyes growth slowing, consumers tightening belts
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From the ForexLive Dictionary: The Beige Book is a report published by the Federal Reserve eight times a year that provides an overview of economic conditions in each of the 12 districts monitored by the Federal Reserve. The report is prepared using information from the Fed’s business contacts, economists, and…
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Walgreens CEO calls consumers ‘increasingly selective and price-sensitive’ as retailer cuts profit outlook
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Walgreens’ (WBA) quarterly results are the latest sign that U.S. consumers are under increasing pressure. Shares of Walgreens Boots Alliance fell 24% on Thursday after the retail pharmacy chain cut its full-year guidance due to challenging pharmacy industry trends and a “worse-than-expected” consumer environment, with management citing a “sustained decline”…
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Another sign that US consumers are swimming in problems
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If you don’t know Pool Corporation, they are one of the best pool companies out there. They specialize in swimming pool supplies, equipment and products, securing the entire industry. It has been one of the top 20 U.S. stocks for decades, riding the wave of housing investment and the demographic…
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Consumers are adopting a “wait-and-see” approach says Jefferies By Investing.com
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Despite strong investor interest in AI-enabled smartphones, consumers are adopting a “wait and see” approach, Jefferies analysts said Thursday. The investment bank believes that consumers are not yet completely excited about AI features on smartphones, likely because they are unsure of what AI can offer, its cost, and ease of…
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How diesel consumers are subsidising petrol
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The Energy Regulatory Authority has maintained cross-subsidy on super petrol, bringing down prices of the commodity by a higher margin but depriving diesel consumers of deeper price cuts. Super petrol prices fell by Sh3 per liter to Sh189.84 as of midnight on Friday, driven by a combination of a cross-subsidy…
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Spirit Airlines CEO is still salty after its failed JetBlue merger, calls the airline industry a ‘rigged game’—‘American consumers are the long-term losers’
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Spirit Airlines’ bid to make it into the big leagues of the U.S. aviation sector — a proposed $3.8 billion takeover from JetBlue that Spirit says would have made it more competitive with industry leaders like Delta and United — collapsed in March after it faced a Department of Defense…
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McDonald’s Faces Profit Disappointment Amidst Cost-Conscious Consumers and Middle East Conflict
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McDonald’s, the American fast food giant, finds itself facing profit setbacks, with CEO Chris Kempczinski stressing growing financial caution among consumers and the repercussions of the conflict in the Middle East on its global operations. In the latest quarter, McDonald’s reported modest 1.9 percent growth in comparable sales, below Wall…