US GDP Growth Slows to 1.5% in Q2 2026 as Consumer Spending Holds Up
Economy

US GDP Growth Slows to 1.5% in Q2 2026 as Consumer Spending Holds Up

US real GDP grew at a 1.5% annual rate in Q2 2026, down from 2.1% in Q1, as consumer spending accelerated while governme...

Niamh O'Sullivan 👁 39 💬 0
Egypt's Red Meat Prices Edge Down for Lamb, Wide Consumer Spreads Persist
Personal Finance

Egypt's Red Meat Prices Edge Down for Lamb, Wide Consumer Spreads Persist

Government data shows a 1 EGP drop in average lamb prices, but consumers still face a 300–460 EGP gap between different ...

Shira Katz 👁 25 💬 0
India’s Premium Boom Defies War Gloom as Festive Shopping Kicks Off
Companies

India’s Premium Boom Defies War Gloom as Festive Shopping Kicks Off

Despite the US-Iran war stirring supply-chain chaos and inflation jitters, India’s festive season is shaping up as a sho...

Declan Byrne 👁 27 💬 0
US GDP Headline Lags, but Underlying Demand Surged in Q2—At the Cost of Plummeting Savings
Economy

US GDP Headline Lags, but Underlying Demand Surged in Q2—At the Cost of Plummeting Savings

Final sales to domestic purchasers jumped 3.2% annualized, driven by resilient consumer spending and broad business inve...

Niamh O'Sullivan 👁 50 💬 0
Jersey Mike’s Valued at $6.7 Billion After Shares Slip 8.7% in NYSE Debut
Companies

Jersey Mike’s Valued at $6.7 Billion After Shares Slip 8.7% in NYSE Debut

Jersey Mike’s shares opened well below the IPO price, valuing the sandwich chain at $6.7B in a closely watched debut tha...

Declan Byrne 👁 33 💬 0
Mastercard Posts Steady Growth as Consumer Spending Holds Up
Companies

Mastercard Posts Steady Growth as Consumer Spending Holds Up

Constant-currency net revenue rose 12%, purchase volume 10%, but rising client incentives squeezed gross margins. The wi...

Declan Byrne 👁 38 💬 0
Spain’s Running Boom Meets a €147 Nike Trainer Built for Beginners
Lifestyle

Spain’s Running Boom Meets a €147 Nike Trainer Built for Beginners

With almost 6 million runners in Spain, starting out often hinges on the right gear. The discounted Nike Pegasus Premium...

Ciara Whelan 👁 36 💬 0
Starbucks Beats Estimates, Lifts Forecast as All-Day Traffic, Innovative Drinks Fuel Growth
Companies

Starbucks Beats Estimates, Lifts Forecast as All-Day Traffic, Innovative Drinks Fuel Growth

Starbucks reported better-than-expected quarterly results, driven by 7.9% U.S. same-store sales growth, and raised its f...

Declan Byrne 👁 33 💬 0
Consumer Strength Lifts Visa, Ford and UPS; Tariff Refunds Boost Logitech, Philips
Companies

Consumer Strength Lifts Visa, Ford and UPS; Tariff Refunds Boost Logitech, Philips

A wave of quarterly results showed US consumers still opening their wallets, helping Visa, Ford and UPS beat expectation...

Declan Byrne 👁 47 💬 0
Russian Watermelon Prices Up 39%, Melons 42% as Acreage Shrinks and Imports Surge
Personal Finance

Russian Watermelon Prices Up 39%, Melons 42% as Acreage Shrinks and Imports Surge

Russian consumers are paying 39% more for watermelons and 42% more for melons than a year ago, with a 20% drop in domest...

Shira Katz 👁 34 💬 0
Great Britain Retail Sales Rise 0.6% in Q2 as June Surge Lifts Quarterly Growth
Economy

Great Britain Retail Sales Rise 0.6% in Q2 as June Surge Lifts Quarterly Growth

Retail sales volumes rose 0.6% quarter-on-quarter, helped by a 1.0% monthly jump in June, the second-warmest on record. ...

Niamh O'Sullivan 👁 35 💬 0
Urban India's Weekend Spending Hits New Highs, 61% of Weekly Expenditure Now in Two Days
Retail

Urban India's Weekend Spending Hits New Highs, 61% of Weekly Expenditure Now in Two Days

A new report reveals that urban Indian households are concentrating over 60% of their weekly spending on weekends, drive...

Orla Fitzpatrick 👁 43 💬 0
Bernstein Data Shows K-Shaped Consumer: Low-Income Shoppers Feel the Squeeze at US Retailers
Retail

Bernstein Data Shows K-Shaped Consumer: Low-Income Shoppers Feel the Squeeze at US Retailers

A new analysis of US retail foot traffic by Bernstein reveals a deepening split: low-income consumers are visiting dolla...

Orla Fitzpatrick 👁 51 💬 0