consumers

Economist warns rate cuts may not be the answer amid US fiscal deterioration

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A ‘Mornings with Maria’ panel discuss the August jobs data and the state of the U.S. economy. Subscribe to Fox enterprise! https://bit.ly/2D9Cdse Watch more Fox enterprise Video: https://video.foxbusiness.com Watch Fox enterprise Network Live: http://www.foxnewsgo.com/ FOX enterprise Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered … Read more

Health star ratings and food labelling to be overhauled | The company | ABC News

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Labelling on food you buy at the supermarket is about to get overhauled. Leading food manufacturers could soon be subject to mandatory health star ratings, more onerous labelling on packaged products and restrictions on marketing, especially to infants, under federal government changes. Unlike several other countries, Australia currently has a voluntary health star rating system … Read more

'REAL ESTATE PROBLEM': Expert warns regional banks might be in trouble

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Wall Street Horizon head of global events research Christine Short and Heritage Capital LLC President Paul Schatz discuss consumer strength and when the Fed will cut rates on ‘Making Money.’ #foxbusiness #makingmoney Subscribe to Fox enterprise! https://bit.ly/2D9Cdse Watch more Fox enterprise Video: https://video.foxbusiness.com Watch Fox enterprise Network Live: http://www.foxnewsgo.com/ FOX enterprise Network (FBN) is a … Read more

duty cuts maybe too late to prevent some businesses going bust | The company | ABC News

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A series of consumer confidence and company surveys reveal Australians aren’t feeling very optimistic about the economy. The latest Westpac survey found the sentiment dip was centred around family finances, while there’s early evidence the stage three duty cuts have done little to decrease fears of another borrowing charge rate hike. Alongside that, job ads … Read more

Consumers are postponing big purchases due to inflation: CNET Money

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A CNET Money survey revealed 188 million American adults have postponed significant purchases as inflation and higher prices take a continued toll on their wallets. CNET Money Editor Dashia Milden joins Wealth! to discuss what these findings indicate about the current state of the US consumer. Milden notes essentials like groceries and gas are the … Read more

‘CONCERNING’: Expert believes a recession is still on the table for US economy

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DoubleLine Capital top executive and founder Jeffrey Gundlach discusses the state of the U.S. economy, rate hikes, the impact of the 2024 election and Biden’s handling of Israel amid its war with Hamas. Subscribe to Fox company! https://bit.ly/2D9Cdse Watch more Fox company Video: https://video.foxbusiness.com Watch Fox company Network Live: http://www.foxnewsgo.com/ FOX company Network (FBN) is a financial news … Read more

Australia's economy plunges deeper into per person recession | The company | ABC News

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Australia has experienced the biggest dive in living standards in half a century. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2024-03-06/gdp-december-quarter-2023-meets-low-expectations/103553062 The nation’s economy grew just 0.2 per cent over the final three months of 2023, and 1.5 per cent over the year, according to the Australian Bureau of Statistics National Accounts. If it wasn’t for population … Read more

Why The U.S. Can’t End Poverty

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37.9 million Americans are currently living in poverty, accounting for 11.6% of the total population. That’s despite the fact that America ranks first as the richest nation in the world in terms of GDP. Poverty in the U.S. is not only a humanitarian crisis but an economic one as well. About 11% of the federal … Read more