The British Chambers of Commerce said in a release that the UK economy is expected to “plunge into recession” before the end of 2022, with inflation “spiking to 14%”. Also, “lingering weakness in growth expected to continue into 2024”. BCC downgraded UK GDP growth forecast for 2022 from 3.5% to 3.3%. Also, a recession is […]
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McDonald’s (MCD) is switching gears during a time when an alarming consumer trend is hurting its pockets. An increasing number of consumers, convinced inflation at fast-food restaurants is out of control, are opting instead to Read more…
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According to recent survey data released by the Federal Reserve Bank of New York, Americans are growing increasingly anxious about their credit card debt. Ted Rossman, Senior Industry Analyst, Bankrate, joined TheStreet to discuss what’s Read more…