Keywords: Consumer spending


Whirlpool shares plunge after weak revenue and dividend suspension

Shares of Whirlpool Corporation fell sharply on Thursday, reaching their lowest level in more than 14 years, after the company reported weaker-than-expected first-quarter revenue and announced the suspension of its dividend. The decline reflects growing pressure on consumer-facing industries as households......

Canada’s Loblaw misses first-quarter revenue forecasts amid cautious consumer spending

Canadian retail giant Loblaw Companies reported weaker-than-expected first-quarter revenue on Wednesday, missing analysts’ forecasts as consumers reduced spending amid growing economic uncertainty. Revenue falls short of expectations The company posted quarterly revenue of C$14.48 billion (approximately......

Canada retail sales rise in February with continued growth expected in March

Retail sales in Canada recorded a moderate increase in February, reflecting steady consumer activity and offering a positive signal for the country’s economic outlook. According to official data, retail sales rose by 0.7% compared to January, reaching approximately 72 billion Canadian dollars.......

Inflation rises to 1.7% in France as Middle East conflict drives energy costs higher

Inflation in France accelerated significantly in March, reaching 1.7% year-on-year, according to preliminary data released by the national statistics agency. The increase comes amid rising energy costs linked to the ongoing conflict in the Middle East. The surge in oil prices, with crude exceeding $100......

U.S. economic growth slows but consumer spending remains strong

The U.S. economy experienced a slowdown in growth during the fourth quarter, though strong domestic demand is expected to keep the Federal Reserve cautious in its approach to interest rate cuts. According to the Commerce Department’s Bureau of Economic Analysis, the gross domestic product (GDP)......

Morocco's Economic Pulse: Domestic Demand Drives Growth Amid Infrastructure Push

Morocco's domestic demand demonstrated remarkable strength in the fourth quarter of 2024, posting a 5.4% increase and emerging as a key driver of the nation's economic expansion, according to Morocco's High Commission for Planning (HCP). This robust domestic performance contributed significantly......