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Holiday retail sales are projected to exceed $1 trillion for the first time, growing 4.5% year-over-year, though inflation accounts for most gains and consumers increasingly seek discounts and value.
UK household income grew 1.1% in the first half of the year while GDP growth was revised upward to 0.5% in the second quarter, prompting optimism about economic resilience.
Stellantis CEO Antonio Filosa reconfirmed the company’s 2026 financial guidance and turnaround targets as U.S. shares hit an all-time low, down roughly 60% this year.
EDF Energy’s boss says approving new North Sea oil and gas projects poses no contradiction to climate goals, joining renewable energy leaders backing the Rosebank and Jackdaw developments.
MGM Resorts CEO Bill Hornbuckle indicated openness to acquiring Barry Diller’s People Inc., reversing positions after People Inc. withdrew its $48.30-per-share bid to purchase MGM.
McDonald’s will present its growth strategy and address recent weak U.S. performance at an investor day in Chicago, expected to cover menu innovation, restaurant renovations, and cost management initiatives.
