Consumer Backlash
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U.K. Consumer Confidence Ticks Higher
Research group GfK’s consumer confidence barometer climbed to minus 19 in April from minus 21 in March, marking the first uptick in sentiment since January.The Wall Street Journal - World - United Kingdom -
Consumer sentiment weakens in late April, University of Michigan survey says
Consumer sentiment deteriorated near the end of April, according to the latest reading from the University of Michigan.MarketWatch - Business -
Embracer's Name Is Going Away, CEO Denies It's Due To Backlash And Controversy
Video game giant Embracer won't have that name for much longer. As part of the company's recent announcement that it's splitting into three distinct companies, the Swedish giant also confirmed that the name Embracer is going away.. Current ...GameSpot - Tech -
Co-op Live boss resigns after delayed opening and interview backlash
Gary Roden quits days after he was criticised for telling BBC some grassroots music venues are "poorly run".BBC News - Top stories -
How To Watch WWE Backlash 2024: Match Card, Start Time, And Predictions
WWE continues its global expansion, and not just for Raw and Smackdown. The next 2024 PLE is Backlash France, which will take place at the LDLC Arena in Décines-Charpieu, Lyon Metropolis, France. The event will happen on Saturday, May 4 in Europe ...GameSpot - Tech -
Colorado Bill Aims to Protect Consumer Brain Data
In a first, a Colorado law extends privacy rights to the neural data increasingly coveted by technology companies.The New York Times - Science -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - World -
German Consumer Confidence Reaches Two-Year High
The forward-looking GfK consumer-climate index for Germany forecast confidence to rise to minus 24.2 in May from minus 27.3 this month, suggesting the country’s economy may have turned a corner and confirming a similar upbeat sentiment reading ...The Wall Street Journal - World - Germany -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - Business -
The Tricky Logistics Behind Direct-to-Consumer Strategies
Suppliers stepping up efforts to reach shoppers are having to mount costly new supply chains built to the task.The Wall Street Journal - World -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
Chipotle says it’s seen no impact yet on consumers from California wage increases
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for limited-time menu items.MarketWatch - Business - California -
Unilever, Nestle slow price rises but the struggle for consumers remains
Both Nestle’s and Unilever updated investors on Thursday, with markets closely eyeing how the companies are handling the start of pulling back on price hikes.MarketWatch - Business -
U.K. consumers get a spring back in their step as confidence mounts
Consumer confidence ticked a little higher in the U.K. this month, suggesting Britons are feeling more well-off as real incomes rise.MarketWatch - Business -
China to Pay Consumers Up to Nearly $1,400 to Replace Old Cars
China plans to give car owners up to nearly $1,400 to replace their old cars with new ones, a move to boost slowing demand in the world’s largest electric-vehicle market.The Wall Street Journal - World - China -
China to Pay Consumers Up to Nearly $1,400 to Replace Old Cars
China plans to give car owners up to nearly $1,400 to replace their old cars with new ones, a move to boost slowing demand in the world’s largest electric-vehicle market.The Wall Street Journal - Business - China -
Malala Yousafzai confirms support for Palestine after backlash over musical with Hillary Clinton
Activist Malala Yousafzai confirmed her support for Palestine in a post online after receiving backlash over a report she collaborated with former Secretary of State Hillary Clinton on a musical. “I have and will continue to condemn the Israeli ...The Hill - Politics -
Texas Gov. Abbott faces backlash after mass arrest at UT Austin pro-Palestine protest
After Texas state troopers arrested more than 50 people at a University of Texas at Austin protest this week, Gov. Greg Abbott (R) is facing accusations that the state went too far. Police in riot gear broke up an unsanctioned but nonviolent ...The Hill - Politics -
Knicks’ Jalen Brunson, Josh Hart respond to 'idiotic' Villanova backlash from 76ers fans
After 76ers fans were unhappy with Villanova praising the Knicks' win in Game 2, Jalen Brunson and Josh Hart responded to the comments.Yahoo Sports - Sports -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World -
This isn’t ‘some brink’ for the U.S. consumer despite concerning economic data, says TCW
A resilient consumer isn’t likely to turn into a wrecking ball for the U.S. economy, according to Peter Van Gelderen at TCW.MarketWatch - Business -
IRS free tax filing pilot processed more than 140,000 returns, saved consumers $5.6 million in prep fees
This season, the IRS Direct File pilot helped more than 140,000 million taxpayers file taxes for free and saved $5.6 million in tax prep fees.CNBC - Business