Consumer credit posts small increase as Americans cut back on credit card purchases

U.S. economy grew 2.8% last quarter, powered by consumer spending

Consumer confidence soared in October, signaling that Americans may continue to open their wallets.

Here’s Why U.S. Consumer Confidence is Climbing Ahead of Election Day

The Conference Board’s monthly report says its index notched the largest gain since March 2021.

Business - Inc. - October 30

US GDP rose at a 2.8% rate in third quarter on strong consumer spending

Final reading before presidential election was shy of expectations, but shows biggest economy is in robust health

Business - Financial Times - October 30

DoorDash keeps investing in expansion, as more consumers use platform in third quarter

DoorDash Inc. on Wednesday reported third-quarter results and a fourth-quarter demand outlook that topped expectations, as the company continues to invest in expansion and improving service.

Business - MarketWatch - October 31

Regulator Sues Singtel's Optus Over Alleged Misconduct Involving Vulnerable Consumers

Australia’s competition watchdog has filed proceedings against Singtel’s subsidiary, Optus Mobile, alleging what it called “unconscionable” conduct in dealings with some consumers.

Business - The Wall Street Journal - October 31

Uber shares slide on slowing bookings growth

Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimates

Business - Financial Times - October 31

Norwegian Cruise Line seeing strong demand, as consumers show ‘health and confidence’

Norwegian Cruise Line’s stock rallies toward a three-year high after an “impressive” quarterly performance and amid continued “robust” demand.

Business - MarketWatch - October 31

Western consumer groups unconvinced by China’s economic stimulus efforts

Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidence

Business - Financial Times - October 31

Labour’s home insulation pledge in doubt, say consumer rights groups

Campaigners warn Budget pledge falls far short of manifesto promise to support energy efficiency

World - Financial Times - November 1

Some consumers say a kratom drink's marketing led to an addiction

Jasmine Adeoye, an account manager based in Austin, Texas, said she became addicted to kratom drink "Feel Free Classic," after she sought an alcohol alternative.

Move over Black Friday: Consumer interest in 'Travel Tuesday' soars

Search interest for "Travel Tuesday" rose more than 500% over the last two years, according to a report published Thursday by McKinsey & Company.

Business - CNBC - 4 days ago

Trump's proposed tariffs could raise prices for consumers and slow spending

President-elect Donald Trump has proposed stiff tariffs on imported goods, which could lead to higher prices and softer spending.

Business - CNBC - Yesterday

Americans go to the polls

Plus, Fed and BoE rate-setting meetings, Hungary’s informal EU summit and the Berlin Wall anniversary

World - Financial Times - 4 days ago

A guide to an American dynasty

Here's what you need to know about the Trump family.

She Weathered Angry Comments and Attacks After a Visit From Kamala Harris. She Still Thinks Entrepreneurs Should Have a Voice in Politics

After Danielle Romanetti, the owner of Fibre Space, hosted Kamala Harris’s visit in 2021, she saw a $30,000 windfall—and a surge in troll attacks. How she suggests dealing with attention, even if ...

Business - Inc. - October 14