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McDonald's and other big brands warn that low-income consumers are starting to crack
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Some consumers are punting big purchases like pools and mattresses
There are some signs that shoppers are holding off on big-ticket buys, the latest signal of the economy contracting at the hands of tighter monetary policy.CNBC - Business -
Some consumers are punting big purchases like pools and mattresses
Americans are kicking the can down the road on some more costly, traditionally financed purchases as elevated inflation and interest rates bite.NBC News - Top stories -
What the Supreme Court Ruling Means for Other Consumer Bureau Actions
A score of court cases involving the Consumer Financial Protection Bureau can now proceed, but it is still likely to face legal challenges.The New York Times - Business -
Lowe's beats on earnings and revenue, even as consumers spend less on DIY projects
The home improvement retailer Lowe's said sales fell again year over year, and it reiterated its full-year earnings forecast.CNBC - Business -
Foosball And Other Tabletop Games Get Big Discounts On Amazon
If you're searching for an affordable way to keep your family busy during summer break, a classic tabletop game like foosball, air hockey, billiards, is always a great option for any game room. These days, you can easily find all-in-one tables ...GameSpot - Tech -
Russia Starts Tactical Nuclear Drills, in a Warning to Ukraine’s Allies
Moscow has said the exercise is a response to “provocative statements and threats of individual Western officials.”The New York Times - World - Ukraine -
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Walmart may just be a pit stop for high-income consumers.CNBC - Business -
Walmart and Other Retail Earnings Show Inflation Still Pushing Consumers to Seek Deals
Low prices drive consumers to shop at the big box chain, while fewer people are buying fancy coffees or taking on home improvement projects, as Starbucks and Home Depot report sales declines.Inc. - Business -
Lowe's Earnings Top Forecasts; Big-Ticket Spending Stays Weak
Do-it-yourself customers, who make up about 75% of Lowe’s customer base, cut back on higher-priced discretionary purchases.The Wall Street Journal - World -
Cost of diabetes, obesity drugs often out of reach for low-income patients
While it may seem like everyone is taking Ozempic, not everyone can afford to. The high price of popular diabetes drugs prevents many people from getting them.CBS News - Top stories
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