Consumer Confidence Jumps

Confidence in economy improves after election: Gallup

Americans’ confidence in the economy improved after Republicans won big in the 2024 election earlier this month, a new survey found. The Gallup poll, released Tuesday, shows that Americans rank ...

Politics - The Hill - 21 hours ago

Airbnb misses on earnings but squeaks in a revenue beat

Airbnb reported third-quarter earnings Thursday that showed revenue up 10% year over year.

Business - CNBC - November 7

Bitcoin, dollar and Tesla jump as investors pile into ‘Trump trades’

Markets expect US president-elect to take light-touch approach to regulation

Business - Financial Times - November 11

Consumer report shows companies are failing to protect from robocalls, texts

A new report says many phone companies are not doing enough to protect people from robocalls and texts. A consumer watchdog group says more than half of them have not fulfilled all of the ...

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.

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

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 - November 4

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 - November 5

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. - November 5

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 - November 6

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 - November 8

Russia Explores Plan to Merge Oil Giants Into Mega Producer

The resulting company would be the world’s second-largest crude producer, behind Saudi Arabia’s Aramco, and would pump almost three times the output of Exxon Mobil.

World - The Wall Street Journal - November 9

Qatar Pauses Efforts to Mediate Stalled Gaza Cease-Fire

The Gulf state’s move reflects frustration with the lack of progress by Hamas and Israel.

World - The Wall Street Journal - November 9

The Russia-Ukraine War Intensifies, With Drone Attacks, Foreign Troops and Record Losses

The surge in fighting occurs as President-elect Donald Trump pledges to end the conflict.

World - The Wall Street Journal - November 10

Consumer anger over high prices piles pressure on politicians

Post-Covid inflation rise leaves toxic legacy for governments across rich economies

Business - Financial Times - November 11

FirstFT: Bitcoin hits a record high

Also in today’s newsletter, Kremlin denies Putin spoke to Trump last week and America Inc’s new chief executive

World - Financial Times - November 11

Home Depot’s sales are improving, but it says consumers are still cautious about spending

Home Depot is mired in a sales slump as homeowners put off major projects.

Business - CNBC - November 12

As Argentina's inflation rate cools, consumers still feel squeezed

World - Yahoo News - November 12

Neon raises $14M to build direct-to-consumer stores for games

Neon has raised $14 million in funding to build its direct-to-consumer digital store platform to help make game companies more independent.

Tech - VentureBeat - November 12

Reeves seeks reform of UK consumer redress in financial services sector

Chancellor considers overhaul as lenders face potential multibillion-pound bill for alleged mis-selling of car finance

Business - Financial Times - November 13

What does the inflation rate increase mean for American consumers?

The Labor Department data released Wednesday showed that inflation ticked back up in October, which is what economists were expecting. CBS News MoneyWatch correspondent Kelly O'Grady has more on ...

Japan's economy grows for a second straight quarter on the back of consumer spending

Japan’s economy eked out an annual rate of 0.9% growth in the July-September quarter as consumer spending held up

World - ABC News - November 14

Play Ventures raises $140M second fund to invest in games and consumer startups

Play Ventures, a global venture capital firm specializing in early-stage gaming, has raised $140 million for its third gaming fund.

Tech - VentureBeat - November 18

Japan’s beef bowl economy shows consumer resilience as prices rise

Increases at fast food outlets and restaurants are not deterring locals from dining out

World - Financial Times - November 19

Jim Cramer looks at Target earnings, says consumers are loyal to value and not brands

Jim Cramer also named other companies seeing success despite a tough consumer landscape, including Costco, TJX, Chili's-parent Brinker and Texas Roadhouse.

Business - CNBC - 6 days ago

Election leaves U.S. consumer sentiment frozen. Republicans are excited, Democrats dispirited.

A burst of confidence among Republicans after Donald Trump’s victory in the presidential election was offset by dashed hopes among Democrats, leaving consumer sentiment barely changed near the end ...

Business - MarketWatch - 4 days ago

Donald Trump’s ‘hush money’ sentencing indefinitely postponed

New York judge was due to sentence the president-elect next week in the only criminal case against him to go to trial

Business - Financial Times - 4 days ago

‘There was so much promise’: How Northvolt tumbled into bankruptcy

Battery champion became a symbol of Europe’s ambitions and then its failings on its way to Chapter 11 proceedings

Business - Financial Times - 4 days ago

How long will Trump’s honeymoon with the stock market last?

Equities investors seem unfazed by the risk that tariffs and tax cuts will push up inflation and deficits. But fears are rising

Business - Financial Times - 4 days ago

Latest in Consumer Confidence Jumps

Confidence in economy improves after election: Gallup

Airbnb misses on earnings but squeaks in a revenue beat

Bitcoin, dollar and Tesla jump as investors pile into ‘Trump trades’

Consumer report shows companies are failing to protect from robocalls, texts

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

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

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

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

Uber shares slide on slowing bookings growth

Western consumer groups unconvinced by China’s economic stimulus efforts

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

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

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

Why this week is so crucial for American consumers — and it’s not just the election

How Distributors’ Fees Cost Consumers and Small Food Companies Dearly

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

Americans are most optimistic about the economy since 2021, consumer sentiment shows

Russia Explores Plan to Merge Oil Giants Into Mega Producer

Qatar Pauses Efforts to Mediate Stalled Gaza Cease-Fire

The Russia-Ukraine War Intensifies, With Drone Attacks, Foreign Troops and Record Losses

Consumer anger over high prices piles pressure on politicians

FirstFT: Bitcoin hits a record high

Home Depot’s sales are improving, but it says consumers are still cautious about spending

As Argentina's inflation rate cools, consumers still feel squeezed

Neon raises $14M to build direct-to-consumer stores for games

Reeves seeks reform of UK consumer redress in financial services sector

What does the inflation rate increase mean for American consumers?

Japan's economy grows for a second straight quarter on the back of consumer spending

Play Ventures raises $140M second fund to invest in games and consumer startups

Japan’s beef bowl economy shows consumer resilience as prices rise

Jim Cramer looks at Target earnings, says consumers are loyal to value and not brands

Election leaves U.S. consumer sentiment frozen. Republicans are excited, Democrats dispirited.

Donald Trump’s ‘hush money’ sentencing indefinitely postponed

‘There was so much promise’: How Northvolt tumbled into bankruptcy

How long will Trump’s honeymoon with the stock market last?

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