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‘Running out of money’: Kraft, McDonald’s, Whirlpool CEOs all issue same dire warning about US consumers

A cluster of CEOs across food, fast food, appliances, and fitness report that lower-income US consumers have exhausted savings and are pulling back, prompting price cuts and canceled increases as pricing power reaches saturation.

Summarized by AI.

🔗 ‘Running out of money’: Kraft, McDonald’s, Whirlpool CEOs all issue same dire warning about US consumers

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