Latest in Alarm Consumer
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Consumer confidence surges to record high ahead of Election Day
During the final weeks of the 2024 presidential campaign, consumer confidence has surged to the highest level in three years, but inflation remains a major concern for families. NBC’s Christine ...Politics - NBC News - October 30 -
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.Top stories - CBS News - October 30 -
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 healthBusiness - 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 estimatesBusiness - 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 confidenceBusiness - 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 efficiencyWorld - 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.Top stories - CBS News - 6 days ago -
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 - 5 days ago -
Why this week is so crucial for American consumers — and it’s not just the election
American consumers are facing a momentous week, with the outcome of two key events set to shape their financial futures.Business - MarketWatch - 3 days ago -
How Distributors’ Fees Cost Consumers and Small Food Companies Dearly
A tussle between big food manufacturers, grocery chains, and distributors for narrow profit margins squeezes the small producers caught in the middle.Business - Inc. - 3 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 - 2 days ago -
Americans are most optimistic about the economy since 2021, consumer sentiment shows
Growing optimism about how the economy will perform in 2025 pushed a survey of consumer sentiment to a seven-month high shortly before the presidential election that saw former President Donald ...Business - MarketWatch - 9 hours ago -
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Claudia Sahm says her namesake recession indicator may have been a false alarm — this time
The economist tells MarketWatch the unusual features of this economy mean that if the Sahm rule was going to break, it would be during this period.Business - MarketWatch - October 15 -
Trump's 'enemy from within' threat spurs critics' alarm about his authoritarian shift
The dark comments highlight Trump's increasing bend toward authoritarian rhetoric in his third White House campaign, some political scientists told ABC News.Top stories - ABC News - October 15 -
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Kamala Harris says Trump is a fascist at CNN town hall in Pennsylvania - live updates
Vice-president appears with host Anderson Cooper at event where Trump declined to appear. The Labour party has put out a statement rejecting allegations that it broke US election law because ...World - The Guardian - October 24 -
North Korean troops could join war this weekend, Ukraine warns, as Putin alarms his friends and foes
Reports that North Korea is sending soldiers to fight for Russia in Ukraine are likely to be unwelcome in China, which has long been North Korea’s main ally.Top stories - NBC News - October 25 -
Italian politicians express alarm at latest data breach allegedly affecting 800,000 citizens
Politicians in Italy have called for better protection of citizens' online data following a probe into a hacking scheme that allegedly breached law enforcement, tax authority and other sensitive ...Tech - ABC News - October 28 -
Israel's move to ban a UN agency raises alarm about aid to Gaza even as the implications are unclear
Israeli legislation cutting ties with the U.N. agency for Palestinian refugees has raised fears that the largest provider of aid to Gaza could be shut out of the war-ravaged territory, even as the ...World - ABC News - October 29 -
Samantha Bee sounds the alarm on abortion access with pre-Election Day release of short film: 'Now really is the time'
Comedian Samantha Bee says now "really is the time" to get the word out about the film she executive produced focused on reproductive rights, which is why the Academy Award-nominated project is ...Politics - The Hill - November 1 -
NBA Panic Meter: Why Nuggets, Bucks have some cause for alarm, plus 76ers await Joel Embiid's return
We're only two weeks into the NBA season, but these teams have reason to worrySports - CBS Sports - 3 days ago -
Racist text messages referencing slavery raise alarms in multiple states and prompt investigations
Racist text messages invoking slavery raised alarm across the country this week after they were sent to Black men, women and students, including middle schoolers, prompting inquiries by the FBI and ...Tech - ABC News - 20 hours ago -
Here’s when consumers might finally stop wincing at higher prices, according to Fed’s Daly
The Fed has recently focused more on stability in the job market. But inflation still weighs heavily on the minds of consumers, the San Francisco Fed President says.Business - MarketWatch - October 16 -
Sanofi Enters Exclusive Talks With CD&R Over Consumer Business Stake Sale
Sanofi moved ahead with a plan to sell a controlling stake in its consumer-healthcare unit Opella to Clayton Dubilier & Rice, entering exclusive talks for a deal that values the business at $17.4 ...Business - The Wall Street Journal - October 21 -
Harley-Davidson’s stock falls as motorbike maker lowers guidance to reflect still-pressured consumer
Harley-Davidson’s stock was down Thursday, after the iconic motorbike maker topped estimates for the third quarter despite steep declines in profit and revenue, but lowered its full-year guidance ...Business - MarketWatch - October 24
