Dollar General (DG.N) raised its annual profit forecast after posting third-quarter earnings that beat analyst estimates, fueled by resilient demand at its discount stores and successful efforts to cut costs and manage inventory. Shares rose about 5% premarket, adding to a 45% gain so far this year, as the company also increased its full-year comparable …
This year’s Black Friday saw Americans spending more online than standing in line. Online purchases rose 5% over last year, as cautious consumers opted for laptops and phones rather than braving cold weather and long queues. While early online sales signaled growth, traditional in-store shopping felt subdued. At major retailers, only small crowds braved the …
Coca-Cola’s third-quarter results topped Wall Street expectations on Tuesday. The strong performance was driven by steady global demand for its sodas and growing sales of zero-sugar and energy drinks. The company reported revenue of $12.46 billion, above analysts’ estimates of $12.39 billion, according to LSEG data. Shares rose 2.5% in premarket trading after Coca-Cola reaffirmed …
Domino’s Pizza has outperformed Wall Street expectations in its third-quarter results, riding a wave of value-driven promotions and new menu offerings as budget-conscious Americans search for affordable meal options amid stubborn inflation. The world’s largest pizza chain reported a 5.2% increase in U.S. same-store sales, surpassing analysts’ forecasts of 4%, according to data from LSEG. …
America’s small businesses are bracing for a rough patch. According to new data released by the National Federation of Independent Business (NFIB), confidence among U.S. small business owners fell sharply in September, as inflation worries, tariff pressures, and growing policy uncertainty weighed heavily on Main Street. The NFIB Small Business Optimism Index dropped 2.0 points …
U.S. consumer spending rose more than expected in August, driven by vacations, dining out, and higher demand for services, keeping the economy on solid ground even as inflation picked up. The Commerce Department reported Friday that household consumption, which makes up over two-thirds of economic activity, climbed by 0.6% after a 0.5% gain in July. …
The U.S. economy expanded at its fastest pace in almost two years during the second quarter of 2025, driven by robust consumer spending, higher business investment, and a sharp narrowing of the trade deficit. Figures released by the Commerce Department’s Bureau of Economic Analysis on Thursday showed gross domestic product (GDP) grew at an annual …
By Esther Ososanya The U.S. Federal Reserve may be forced to delay cutting interest rates until at least October after fresh inflation data revealed that tariff-driven price increases are reigniting consumer costs across multiple sectors, complicating the central bank’s battle to restore price stability. The Personal Consumption Expenditures (PCE) price index, the Fed’s preferred inflation …
