Business
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Economy
3/18/2024 10:36:03 PM
Across the United States, many people are eagerly anticipating the Federal Reserve's first cut to its benchmark interest rate this year: Prospective home buyers hope for lower mortgage rates. Wall Street traders envision higher stock prices. Consumers are looking for a break on credit card debt at record-high interest rates.
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Business
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Economy
2/5/2024 3:17:27 PM
The OECD raised its 2024 world economic growth forecast Monday but warned that the Middle East conflict posed a risk, with disruptions in Red Sea shipping threatening to increase consumer prices.
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Business
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Economy
1/11/2024 7:57:56 PM
Consumer inflation in the United States rose more than anticipated in December, government data showed Thursday, with President Joe Biden conceding he must do more to tackle high prices.
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Business
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Economy
12/21/2023 4:51:17 PM
Egyptian real consumer spending is expected to increase by 1.2 percent year-on-year in 2024 despite inflation concerns, according to Mastercard Economics Institute’s (MEI) Economic Outlook report.
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Al-Ahram Weekly
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Egypt
11/28/2023 9:30:53 PM
While the price of sugar has been rising, government controls are ensuring its availability to consumers, writes Amira Hisham
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Business
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Economy
11/24/2023 10:18:53 PM
Egypt and Bahrain agreed on 15 cooperation initiatives and 13 MoUs on areas including consumer protection, fighting monopoly, and industrial partnership, according to a Cabinet statement on Thursday.
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Business
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Economy
11/23/2023 2:21:01 PM
Black Friday, the highly anticipated shopping extravaganza following Thanksgiving, is rapidly gaining popularity among Egyptian consumers. This year, Black Friday falls on 24 November, and shoppers in Egypt are eagerly awaiting offers and discounts of up to 70 percent.
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Life & Style
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Health
10/29/2023 11:01:37 AM
Scientists in Brazil, the world's second-biggest consumer of cocaine, have announced the development of an innovative new treatment for addiction to the drug and its powerful derivative crack: a vaccine.
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Al-Ahram Weekly
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Egypt
10/17/2023 8:51:50 PM
Buy now, pay later schemes may increase people’s purchasing power, but they can also have undesirable outcomes if not properly regulated, experts tell Amira Hisham
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Business
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Economy
9/29/2023 12:38:30 PM
Inflation that has been plaguing Europeans made a marked decline in September, strengthening hopes that consumers will eventually get relief from costlier groceries, vacations and haircuts — and that the European Central Bank won’t have to further restrict the economy by raising interest rates from already-record highs.
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Business
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Economy
9/12/2023 4:03:00 PM
Around 91 percent of Egyptian consumers are at risk of becoming victims of fraud through online and phone scams, according to a recent study from Visa released on Monday.
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World
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International
8/26/2023 1:31:31 PM
Fish auction prices at a port south of the Fukushima Daiichi nuclear power plant were mixed Friday amid uncertainty over how seafood consumers will respond to the release of treated and diluted radioactive wastewater into the ocean.
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Business
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Tech
8/21/2023 5:20:28 PM
During his visit to Egypt, Keith Jordan, vice president of innovation for Mastercard Ventures, tackled the impact of disruptive technologies on the market and the expected merging of the online and offline worlds.
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Business
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Economy
7/30/2023 6:44:33 PM
Egyptian companies operating in the consumer sector are expected to achieve higher profits during the fourth quarter of 2023, according to a report by HSBC Global Research published on Friday.
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Business
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Economy
7/27/2023 4:23:40 PM
The US economy defied expectations to see growth pick up in the second quarter, according to government data released Thursday, supported by business investment and resilient consumer spending.
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Business
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Economy
7/17/2023 9:00:00 AM
China's economy showed further signs of weakness in the second quarter as data Monday revealed growth missed expectations and consumers remained cautious, adding pressure on leaders to unveil further stimulus.
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Business
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Economy
7/13/2023 10:49:35 AM
US consumer inflation cooled in June to its lowest rate since early 2021, according to government data released Wednesday -- an encouraging sign for policymakers battling cost-of-living pressures.
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Business
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Markets & Companies
6/30/2023 5:10:11 PM
Wall Street stocks advanced early Friday following the latest moderation in US consumer inflation as Apple powered above $3 trillion in market valuation.
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Business
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Tech
6/21/2023 8:33:03 PM
Amazon tricked consumers into subscribing to its "Prime" service and intentionally complicated the cancelation process, according to a US lawsuit against the retail giant filed Tuesday.
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Business
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Tech
6/20/2023 11:37:46 PM
European Union consumer protection groups urged regulators on Tuesday to investigate the type of artificial intelligence underpinning systems like ChatGPT, citing risks that leave people vulnerable and the delay before the bloc’s groundbreaking AI regulations take effect.
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