Inflation bites into consumer discretionary space

latest news headlines 6 months ago

With inflation at a 40-year high, Americans are starting to feel the pinch in their pockets. Moneta's Aoifinn Devitt says that's bad news for companies selling big ticket items like Tesla, but cheaper treats like fast-food restaurants will benefit. #News #Reuters #Inflation #Economy Subscribe: Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: Follow Reuters on Facebook: Follow Reuters on Twitter: Follow Reuters on Instagram:
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