consumer anxiety
Coverage of consumer anxiety in the Nexus archive.
- McDonald’s posts strong second quarter profit, names new chief of US operations
McDonald’s reported a strong second-quarter profit of $2.36 billion, surpassing analyst expectations, and appointed Skye Anderson as president of McDonald’s USA. Revenue increased to $7.1 billion, though slightly below estimates, with U.S. same-store sales rising 0.8% amid concerns over high gas prices and consumer anxiety.
- McDonald's posts strong second quarter profit, names new chief of US operations
McDonald's reported a second-quarter profit of $2.36 billion with earnings per share of $3.38, exceeding analyst expectations. The company named Skye Anderson as president of McDonald's USA amid cautious U.S. consumer spending and rising gas prices.
- Iran war 'continues to stoke consumer anxiety' amid inflation gloom
The ongoing Iran war is exacerbating consumer anxiety as inflation remains a persistent issue, deepening economic concerns. The conflict's impact on market stability and public sentiment is intensifying amid rising prices.