Same-Store Sales at Starbucks Drop, Pushing Revenue Down 1.8%
After the chain’s quarterly earnings missed Wall Street’s estimates, its shares fell more than 12 percent in after-hours trading.
Posted inConsumer Behavior Content Type: Service Diamond, Peter A Elections Fisher, Irving (1867-1947) Income Inequality Inflation (Economics) Interest Rates Keynes, John Maynard Personal Finances United States Economy Wages and Salaries
With Inflation This High, Nobody Knows What a Dollar Is Worth
Strong reactions to rising prices and misunderstandings about the value of money are rampant, our columnist says.
Posted inCommerce Department Consumer Behavior Federal Reserve System Gross Domestic Product Interest Rates Prices (Fares, Fees and Rates) United States United States Economy
U.S. Economy Grew at 1.6% Rate in First-Quarter Slowdown
Gross domestic product, adjusted for inflation, increased at a 1.6 percent annual rate in the first three months of the year.
Posted inCommerce Department Consumer Behavior Federal Reserve System Gross Domestic Product Interest Rates Prices (Fares, Fees and Rates) United States United States Economy
U.S. Economy Grew at 1.6% Rate in First Quarter Slowdown
Consumers ensured that growth continued, but the latest data showed signs of vulnerability elsewhere.