Weight-Loss Drugs Are Coming to Bite a Sugar Industry in Denial
(Bloomberg) -- In a room filled with more than 800 sugar traders, Sally Lyons Wyatt, an executive at consumer researcher Circana, had an important message to deliver: Ozempic is coming for your industry.Most Read from BloombergWall Street Moves to Fastest Settlement of Trades in a CenturyIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughCatering to the Ultra-Rich Is a Booming Business in AustraliaStocks Fluctuate at St
Canada Goose Plunges to All-Time Low as Jacket Sales Pressured
Canada Goose Holdings Inc. shares plummeted to a record low for the second day in a row as economic and consumer pressures prompted a pair of analyst downgrades.
A year out from peak inflation, travel and leisure (mostly) cost less
Consumers have largely had their fill of “revenge spending” on big vacations and dining out, although wealthy travelers are still splurging on pricey trips abroad.
“A Pennsylvania-based gas chain dropped its prices to $1.776 for the 4th of July, and economics educators now have a great clip for how price changes impact the quantity demanded #TeachEcon
https://t.co/r5zhgbQmCS”