Gen X-ers Have Money to Spend. Why Are Retailers Ignoring Them?

Campbell's has announced the departure of Martin Bally, a senior executive, following allegations of making offensive remarks about the company's products and derogatory comments regarding Indian employees. The remarks were captured in a leaked recording, leading to significant backlash against the company.

The U.K. government, led by Chancellor Rachel Reeves, has announced a budget plan aimed at calming markets and addressing the cost of living crisis, which includes significant tax increases. This budget is seen as a pivotal moment for the Labour government, scheduled for November 26, 2025, and aims to stabilize the economy amidst rising national debt and slower growth forecasts.

Thousands of Americans are engaging in discussions on TikTok regarding the definition of 'middle class' as they comment on home tours that showcase what is considered an 'average' or 'normal' home. This debate highlights the varying perceptions of social class among the American population.

Chancellor Rachel Reeves announced a tax increase exceeding $30 billion in an effort to stabilize the UK economy, citing forecasts of slower growth and the necessity to manage national debt. This announcement was made during the government's annual budget presentation in Parliament.

Retail earnings reports indicate that while many companies have successfully navigated tariff pressures, some retailers continue to face challenges as consumers prioritize discounts and quality during the critical holiday shopping season.

Americans are increasingly dissatisfied with the rising cost of living, with inflation rates surpassing those from the previous month when President Trump took office. This dissatisfaction is reflected in various economic indicators and public sentiment surveys.

Rising costs of food, shelter, and healthcare are severely impacting Americans in Bethlehem and the surrounding Lehigh Valley, leading to a significant affordability crisis. Residents are struggling to make ends meet as essential expenses continue to climb.