insert_link Business / Economics Domestic Car Sales Slow in October The domestic vehicle market softened at the start of the fourth quarter, with 1,267 units sold in October — a 2.8 percent drop from September. The decline follows a modest rebound in September, when sales climbed by just over 3 percent. Despite the monthly dip, overall momentum remains positive. Year-on-year, domestic vehicle sales rose 10.7 percent, sustaining the recovery that began after the sharp fall in March. Simonis Storm economist […] today21 November, 2025
insert_link Business / Economics August 2024 sees 15% reduction in vehicle sales Vehicle sales dropped to 995 units in August, down from 1,172 in July 2024 and 1,101 in August 2023, reflecting declines of 15.1% month-on-month and 9.6% year-on-year. The decrease affected both passenger and commercial vehicles. Here's Simonis Storm Economist, Halleluya Ndimulunde. today18 September, 2024
insert_link Business / Economics Profits fall at McDonald’s as it redoubles value push McDonald's reported a drop in profits Monday behind broad-based sales declines as the fast food giant redoubles efforts to win over inflation-weary consumers. All three of the chain's operating regions experienced comparable sales decline, a significant weakening next to the year-ago results when global comparable sales jumped nearly nine percent. Profits for the quarter ending June 30 were $2.0 billion, down 12 percent. Revenues were essentially flat […] today29 July, 2024
