Consumer giants from Starbucks to General Mills have one big sales problem: China
BEIJING — A theme emerging in the latest slew of U.S. companies’ earnings reports is a drag from the China…
Fugitive ex-CEO of investment firm arrested on securities, wire fraud charges
A former investment company CEO who previously appeared as a paid contributor to CNBC was arrested on fraud charges after…
Behind America’s divided economy: Booming luxury travel and a jump in ‘relief’ loans
At American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending…
McDonald’s and other big brands warn that low-income consumers are starting to crack
Some of America’s best-known corporations are saying their consumers are being pinched by inflation as prices continue rising. Inflation has…
Demand for french fries reflects resilient consumer as so-called fry attachment rate holds steady
It’s a timeless question at fast-food counters: Do you want fries with that? Responders continue answering affirmatively at a higher-than-average…
