Tag

Price Inflation

All articles tagged with #price inflation

gaming4 days ago•8 min saved

AI price hikes could slow the next console generation

Generative AI is driving up RAM and overall costs for consumer electronics, contributing to shortages (like Steam Decks) and fueling talk that the next console generation (PS6/Xbox) could be delayed. The piece weighs whether a longer cycle makes sense—allowing more time to play current games and catch up on a backlog, but risking continued price shocks and diminished momentum—while suggesting retro gaming as a more affordable alternative. Public reaction is mixed: some welcome delaying the new tech, others want to move forward and see how things evolve.

via Eurogamer|

#ai #consoles #gaming

business2 months ago•2 min saved

McDonald's $8 Nugget Combo Sparks Online Backlash Over Price and Quality

McDonald's promoted an $8 nugget combo meal, but faced online backlash over its perceived high price, quality concerns, and service issues, highlighting ongoing challenges in maintaining affordability amid rising costs and changing consumer perceptions.

via Yahoo|

#affordability #business #customer-complaints

business2 months ago•2 min saved

McDonald's $8 Nugget Combo Sparks Online Backlash Over Price and Quality

McDonald's promoted an $8 nugget combo meal, but faced online backlash over perceived high prices, quality concerns, and service issues, highlighting ongoing tensions between menu pricing and consumer perceptions amid inflation and economic challenges.

via Fortune|

#affordability #business #consumer-backlash

business1 year ago•3 min saved

Target Faces Holiday Challenges Amid Diverging Retail Fortunes

Target is experiencing a challenging retail environment as cautious consumer spending and a previous boycott impact its sales. Despite a slight increase in store traffic, the average spending per customer has decreased, leading to a 12% drop in net earnings for the third quarter of 2024. CEO Brian Cornell attributes this to consumers' stretched budgets and resourceful shopping habits amid ongoing price inflation. Target has lowered prices on thousands of items but anticipates flat sales for the holiday season due to fewer shopping days and economic volatility.

via TheStreet|

#business #consumer-behavior #holiday-sales

economics2 years ago•7 min saved

Gaza's Resilience: Rising Prices, Winter Preparations, Destruction, and Rebuilding

Residents in the Gaza Strip are expressing anger and frustration over the steep rise in prices of basic food products following the recent conflict between Israel and Hamas. The closure of border crossings has led to wholesale merchants selling products at much higher prices, causing inflation rates of up to 2,000 percent. The poverty rate in Gaza has reached 53 percent, with one-third of residents living in extreme poverty. Unemployment is at 47 percent, and approximately 64 percent of households do not have enough food. The small amount of aid allowed into Gaza is insufficient to meet the needs of the displaced population, and the destruction of infrastructure has further crippled the economy.

via Al Jazeera English|

#economics #food-security #gaza-strip