In May, inflation rose less than anticipated, with consumer prices increasing by 0.1% and the annual rate hitting 2.4%. While initial data shows a respite for consumers, experts warn about future tariff impacts on prices.
Toyota has announced that the 2026 RAV4 will exclusively be a hybrid model, eliminating traditional gas engines. With increasing demand for hybrids, this redesign aims to enhance performance and fuel efficiency.
U.S. retail egg prices fell to $5.12 in April after reaching $6.23 in March, marking the steepest drop since 1984. Experts predict further declines due to reduced consumer demand and fewer bird flu outbreaks.
Samsung has launched the S25 Edge, a new portable smartphone designed to meet the demands of consumers seeking slimmer devices. With advanced AI features and a strategic release ahead of Apple, will it capture the market?
As tariffs threaten to increase the costs of the new Nintendo Switch 2, gamers are lining up for a chance to buy the console. Despite cost concerns, demand remains high with millions applying for pre-orders.
PepsiCo's latest quarterly results reveal a decline in North American demand despite strong international sales. The company has cut its earnings forecast due to new tariffs and economic uncertainty, leading to a 2% drop in shares.
H&M's fiscal first quarter sales fell short of expectations, rising just 2% to 55.33 billion SEK, as increased markdowns and competition from rivals like Zara and Shein weigh heavily on the brand. CEO Daniel Ervér remains optimistic for future growth despite recent challenges.
American Eagle warns investors of a slower-than-expected start to 2025 amid declining consumer spending and economic uncertainty. Shares fell 5% as cautious guidance raises concerns about the retail sector's health.
