Is there a decline in consumer spending? Here's what CEOs are saying – Business News (Trending Perfect)

[ad_1] People walk past Sweetgreen restaurant in Manhattan on September 14, 2023. Jenna Moon | The Washington Post | Getty Images As prices and interest rates continue to rise, Chipotle Burrito bowls and European vacations are still on the table for many consumers. But Big Macs and kitchen remodels are not. The latest round of … Read more

S&P 500 Index Breaks Below 5100 as Big Tech Sells Off: Markets Wrap – Business News (Trending Perfect)

[ad_1] (Bloomberg) — Giant technology companies sent stocks lower as bond yields jumped after hot retail sales spurred bets that the Federal Reserve will be in no hurry to cut interest rates. Oil trimmed its losses due to geopolitical concerns. Most read from Bloomberg In a choppy session, the S&P 500 fell about 1% after … Read more

Apple iPhone shipments decline as Chinese competitors rise in Q1: IDC – Top Stories (Trending Perfect)

[ad_1] TOPSHOT – The Apple iPhone 15 series is on sale at The Grove Apple retail store on release day in Los Angeles, California, on September 22, 2023. (Photo by Patrick T. Fallon/AFP) (Photo by Patrick T. Fallon/AFP via Getty Images) Patrick T. Fallon | AFP | Getty Images apple iPhone shipments fell nearly 10% … Read more

Intel shares fall on $7 billion operating loss at its foundry business – Global News (Trending Perfect)

[ad_1] Intel CEO Pat Gelsinger speaks while demonstrating silicon chips during an event called AI Everywhere in New York, Thursday, December 14, 2023. Seth Wing | AP Intel Corporation Shares were down 4% at one point in extended trading Tuesday After the company revealed Long-awaited financial statements for the semiconductor manufacturing business, commonly called the … Read more