President Donald Trump is likely to tackle the elevated cost of living in his State of the Union address on Tuesday night. Here's a look at what he has promised on that front — and whether he's delivering. ...

With the midterm elections approaching fast, advisers want the president to stay on topics like the cost of living. But foreign affairs keep capturing his attention. https://t.co/9l9AaSfpxT ...

"Shark Tank" investor Kevin O'Lear is sounding the alarm for the Trump administration as the 2026 midterm elections approach. In a post on X, O'Leary said that while Wall Street is celebrating a booming stock market, the reality of affordability and healthcare most Americans face could determine the country’s political future. O'Leary said that while the administration points to the S&P 500 as a win, voters are focused on affordability and healthcare. "When people can’t afford rent, groceries, insuranc ...

Retirement is no longer a clean exit for many Americans. In 2024, about 19.5% of people age 65 and older were in the labor force, according to the U.S. Bureau of Labor Statistics, up from about 12.9% in 2000. The timing matters. Millions of Americans are entering retirement while living costs remain high, life expectancy continues to rise, and fixed incomes feel less forgiving than they once did. For many households, fully stepping away from work no longer feels guaranteed. Also find out ways to earn inc ...

Gabon’s media regulator suspended all social media platforms until further notice, as the government faces growing protests over the high cost of living https://t.co/dIKvbRXlB7 ...

Core Viewpoint - General Mills has reduced its annual sales and profit forecasts due to weak consumer sentiment and a shift towards healthier, lower-cost food options impacting demand for packaged products [1][9]. Group 1: Sales and Profit Forecasts - The company now expects annual sales to decline by 1.5% to 2%, a revision from its previous forecast of a decline of 1% to an increase of 1% [11]. - General Mills anticipates that annual adjusted operating profit and adjusted earnings per share will fall by 16% to 20% in constant currency, compared to the earlier outlook of a 10% to 15% decline [13]. Group 2: Consumer Behavior and Market Trends - Weak consumer sentiment, heightened uncertainty, and significant volatility have negatively impacted category growth and altered consumer purchasing patterns, leading to a slower recovery in volume and higher costs than expected [2]. - The shift in consumer preferences towards healthier options and the increased use of GLP-1 weight-loss drugs are further pressuring demand for packaged foods [3][6]. - Economic pressures are causing lower- and middle-income consumers to focus more on value, reshaping their spending patterns [6][7]. Group 3: Competitive Landscape - General Mills faces growing competition in the protein options market, which is affecting its product lines, including its own protein cereals [5]. - Other companies in the industry, such as PepsiCo, have responded to consumer backlash by cutting prices on core brands, indicating a trend towards value offerings [9].

RT Dries Van Langenhove (@DVanLangenhove)Many of the most talented Dutch people are going to leave the Netherlands in the coming years, accelerated by insane new taxes on unrealised (!) gains.The push factors are immense. Cost of living is rising rapidly, whilst the quality of living is decreasing. Mass migration is destroying our social fabric and security, making it ever less likely that our children will have a future here.I predict that in the coming years, the pull factors will also start picking up sp ...

Singapore’s spending plan to address high cost of living will likely benefit consumers and the retail sector, potentially giving local stocks another boost https://t.co/iLoP0WodgT ...

Group 1 - Nearly half of U.S. workers (48%) believe they will need over $1 million for a comfortable retirement, an increase from 37% last year [1] - More than half (54%) of U.S. employees have considered delaying retirement due to insufficient savings [1] - The $1 million retirement figure is becoming a baseline rather than a luxury, as retirement goals vary for individuals [3] Group 2 - The increasing longevity expectation and tax implications are contributing to the $1 million benchmark for retirement savings [4] - The cost of living, particularly healthcare, is rising, making $1 million appear conservative for many retirees [5] - Retirement readiness is influenced by total income streams, including Social Security and pensions, which can reduce the required portfolio size [6] Group 3 - Geographic location significantly affects retirement savings needs, with $1 million having different values in high-cost states like New York or California compared to states with lower costs [7]

Naomi, we're seeing a little bit of downside for the Japanese yen, but it doesn't seem to be at least catastrophic for now, when it comes to the pace of potential losses that we could have seen with the supposed Takaichi trade. What are your expectations now that you've seen the outcome of the elections. Well, what's interesting is that even though Takaichi won quite a lot of popular support, markets haven't voted yet.And so I think it's sensible to to give Takaichi the benefit of the doubt because after al ...