Consumer Spending Jumped
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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 -
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 -
Biden and Trump supporters sharply divided by the media they consume
Supporters of President Joe Biden and former President Donald Trump are sharply divided by, among other things, the sources they rely on to get their news.NBC News - Politics - Joe Biden -
Biden and Trump supporters sharply divided by the media they consume
Supporters of President Joe Biden and former President Donald Trump are sharply divided by, among other things, the sources they rely on to get their news.NBC News - Top stories - Joe Biden -
Oracle's Jump to Nashville Surprises Austin
The software giant said it is making the leap to get closer to the healthcare industry.The Wall Street Journal - Tech - Tennessee -
Microsoft Earnings Jump on AI Demand
Microsoft’s revenue and profit rose last quarter as artificial intelligence bolstered demand for its software and cloud services.The Wall Street Journal - Tech - Microsoft -
Oracle's Jump to Nashville Surprises Austin
The software giant said it is making the leap to get closer to the healthcare industry.The Wall Street Journal - Tech - Tennessee -
Microsoft Earnings Jump on AI Demand
Microsoft’s revenue and profit rose last quarter as artificial intelligence bolstered demand for its software and cloud services.The Wall Street Journal - Tech - Microsoft -
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 -
These are the 10 cheapest car brands to maintain, according to Consumer Reports
Tesla tops this list of the least expensive autos to maintain over 10 yearsMarketWatch - Business -
Rubrik Shares Jump 21% in Market Debut
The Microsoft-backed cybersecurity software firm becomes the latest tech company to have an IPO.The Wall Street Journal - World -
Alphabet’s Revenue Jumps 15% to $80.5 Billion
Google’s parent company topped revenue and profit estimates and said that it would offer a stock dividend for the first time.The New York Times - Tech -
This Ship Is Sinking. Can I Jump to a Client’s?
In the workplace, saving yourself is also your job.The New York Times - Business -
Alphabet’s Revenue Jumps 15% to $80.5 Billion
Google’s parent company topped revenue and profit estimates and said that it would offer a stock dividend for the first time.The New York Times - Tech -
Tesla shares jump after reports of China deal
A reported deal with Chinese search giant Baidu will help pave the way for a rollout of Tesla's self-driving technology.BBC News - Top stories - China -
Hunt defends job cuts to increase defence spending
The chancellor says cutting services will cost "a great deal less" than allowing Russia to succeed in Ukraine.BBC News - Top stories -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Top stories -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Business -
Meta's License to Spend on AI Gets Checked
The Facebook parent’s capital expenditures this year will rival outlays from Google and Microsoft, but advertising growth is slowing.The Wall Street Journal - World - Meta -
Inflation ticked higher in March as incomes, spending rose
Inflation picked up slightly in March as Americans saw their paychecks rise and kept up a sturdy pace of spending, according to data released Friday by the Commerce Department. The personal consumption expenditures (PCE) price index, the Federal ...The Hill - Politics -
The Lex Newsletter: AI spending plans are spooking the market
Microsoft is the company showing most tangible proof of AI revenue generation from hefty investmentsFinancial Times - Business -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Tech -
Premier League clubs back plan to look at spending cap
Premier League clubs vote in favour of developing plans to introduce a spending cap in England's top flight.BBC News - Top stories - Premier League -
Spending a Day With the Man Expected to Be the Next Liverpool Manager
Arne Slot is charismatic, innovative — but has no experience in a highly pressured environment like leading a Premier League giant.The New York Times - Sports -
Ford stock rises as EV losses are held in check and hybrid sales surge
Carmaker reports a better-than-expected quarter, and EV losses were around Wall Street expectations.MarketWatch - Business -
Chipotle posts big earnings beat as diners shake off higher prices
The burrito chain said traffic increased 5.4% in its first quarter.CNBC - Business -
Biden eyes Latino vote amid jump in Trump support
President Biden and his reelection campaign clearly state they need Latino support this November. However, several polls in recent months have revealed an increasing number of Latino voters preferring former President Donald Trump. CBS News ...CBS News - Top stories - Joe Biden -
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American Airlines’ stock jumps after an upbeat profit outlook and record revenue
American Airlines’ stock climbed Thursday, after the air carrier reported a wider-than-expected loss but provided an upbeat profit outlook for the current quarter, as revenue rose to record levelsMarketWatch - Business -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World