US personal income rose by USD 86.2B, or 0.3% mom in December, supported mainly by gains in compensation and higher government social benefits. Personal spending increased by USD 91.0B, or 0.4% mom. The rise was driven by a solid rebound in services outlays (+USD 98.5B), which more than offset a decline in goods spending (-USD […]
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In September 2025, McDonald’s CEO Chris Kempczinski sounded the alarm about new customer behavior. Kempczinski highlighted a “two-tier economy” that’s fundamentally changing how people eat. The CEO observed a stark divide in the brand’s customer Read more…
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Market focus remains on oil as the week kicked off with prices surging to USD120 per barrel. They declined quickly again but remain elevated around USD100. The IEA’s announcement of a record release of 400 Read more…