McDonald's and other big brands warn that low-income consumers are starting to crack
Publishing timestamp: 2024-04-30 13:48:33
Summary
Many well-known corporations are feeling the impact of inflation as prices continue to rise, leading to consumer pressure and tightening purse strings. While some companies are seeing softness in consumer spending, others are experiencing growth as inflation becomes more benign.
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Keywords: investment strategy, markets, business news, labor economy, 3m co, colgate-palmolive co, stock markets, coca-cola co, breaking news: investing, prices, breaking news: markets, breaking news: economy, economy, newell brands inc, chris peterson, mcdonald's corp,