00:00It's Benzinga bringing Wall Street to Main Street.
00:02U.S. consumers continued spending in the third quarter as companies reported resilient demand
00:07amid inflation, higher fuel prices, and borrowing costs, according to CNBC.
00:12Retail sales rose 0.8% in September, following a 1.3% increase in August.
00:19Coca-Cola CFO John Murphy said consumers across income levels continue seeking value
00:24after the beverage giant reported steady North American demand and higher sales volume
00:29internationally.
00:30Royal Caribbean reported strong consumer demand as third quarter guest volume rose 9% year
00:36over year, while 2027 bookings increased by a percentage in the high teens, outpacing historical
00:41levels.
00:42UPS beat third quarter earnings and revenue expectations as U.S. revenue rose 4.5% to $14.86 billion.
00:51CEO Carol Tomei cited resilient consumer demand ahead of the holiday season, but warned of
00:56lower domestic shipping volume due to reduced Amazon deliveries.
01:00For all things money, visit Benzinga.com.
