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Consumer sentiment is souring, and recession fears are rising, but spending in the US is on the rise as consumers and ...
The fast food giant said economic uncertainty sparked by tariffs is weighing on its customers and hurting in-store traffic.
Overall, Mastercard's headline financial results for the first quarter were better than expected, with the company posting $3.73 in adjusted earnings per share on revenue of $7.25 billion. Analysts ...
McDonald’s global comparable sales experienced a dip in the first quarter amid consumers weighed down by economic uncertainty ...
McDonald's U.S. comp sales decline is the largest since 2020, due to negative consumer sentiment. General Motors lowers ...
The contraction in GDP, the value of all goods and services across the economy, was the first in three years and comes amid ...
US sales fell sharply in the first quarter, reflecting a deterioration in consumer sentiment that’s making it harder for restaurants to lure in diners. Same-store sales slumped 3.6% in the US, ...
Cosmetics giant Estee Lauder forecast a bigger-than-expected drop in fiscal 2025 sales on Thursday, signaling a slowdown in ...
On Thursday, the company released results for the three months ended March 31. The earnings report revealed a 3.6 percent decline in same-store sales in the U.S., the biggest U.S. decline McDonald's ...
Gross domestic product in the 20 eurozone countries grew 0.4% in the first quarter, improving on 0.2% growth in the last part ...
UPS will cut 20,000 jobs this year, about 4% of its global workforce, the company said Tuesday. But UPS added the decision is ...
The U.S. economy shrunk in the first quarter of this year, and it's all thanks to President Donald Trump and his bizarre obsession with tariffs.
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