Stay updated with breaking news from Customer traffic. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In north korea, the regime confirming for the first time it has custody of an american soldier who bolted into its territory last month. What the north is claiming he said. And back at home, Soccer Superstar lionel messi propels his miami team to new heights. We begin this morning with a Wildfire Devastation in hawaii. This morning, the white house announced President Biden and the first lady will travel to maui on monday to meet with First Responders and survivors. And as the death toll climbs to 106, were starting to learn the identities of some of the victims. They include 74yearold robert vickman, 79yearold buddy jantoc, franklin teros, who was trying to save a friends dog, Carol Hartley who lived ....
Us treasury secretary janet yellen called the downgrade arbitrary and said Economic Conditions had improved under the biden administration. The news of the downgrade came after the close of trade on wall street but in asia investors have been pulling out of equities in reaction. Lets look at markets now in asia. Japan is currently down by over 2 . Hong kong not that far behind. This was off the back of yesterday, and most of this week we have seen the sharemarket, certainly wall street and asia having a strong session but this is certainly spooked sentiment. Lets discuss this with tom stevenson, whos an Investment Director at fidelity. Good morning. Janet woody allen saying this is arbitrary. I have her statement janet yellen and she said she strongly disagrees and says it is based on outdated data. That is based on outdated data. That is riuht. Is based on outdate ....
Americans love of lattes and iced coffee helped starbucks through the worst of the post pandemic years. But with high inflation in the us, a cup of coffee is now 5 on average. The big question for investors going into this Earnings Season was would consumers still spend money on elaborate coffees . The answer was mixed. Sales in North America grew 7 , even after the chain raised prices. That figure was below wall streets forecast. Customer traffic only increased by 1 . Most of the gains came from existing customers spending more money. Sales in china, its second biggest market, rose sharply. Same store sales increased a whopping 46 from a year ago. Starbucks remains a favorite brand among chinese consumers. The company benefiting from a rebound after strict covid 19 restrictions were lifted. But the coffee chain said that Wa ....