Consumers Continue - QuikReader

FirstFT: US consumers continue to spend, spend, spend

Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election result

World - Financial Times - 9 hours ago

Consumer confidence surges ahead of election

American consumers are feeling more confident ahead of Election Day, but they’re still not as confident as they were before the pandemic, according to a new survey from The Conference Board, a ...

Politics - The Hill - 2 days ago

American consumers are increasingly underwater on their car loans

Edmunds.com reported that the average amount owed on upside-down loans climbed to an all-time high of $6,458 during the third quarter.

Business - CNBC - October 15

American consumers are increasingly underwater on their car loans

DETROIT — A growing number of Americans with auto loans owe more than their vehicles are worth, according to a report Tuesday from Edmunds.com.

Wells Fargo CEO calls consumers 'extremely resilient'

Wells Fargo CEO Charlie Scharf gave CNBC's Jim Cramer a positive read on the consumer landscape.

Business - CNBC - October 15

Consumer Fears of Credit Card Delinquency Rise

A monthly New York Fed survey finds that while people felt generally positive about inflation, income, and jobs, fear of failing to make debt payments rose to a four-year high.

Business - Inc. - October 16

Why U.S. Economic Health Depends on Wealthy Consumers

Affluent Americans are driving retail spending, which could sustain healthy growth for the next year.

Business - Inc. - October 18

Consumer watchdog cautions companies against snooping on workers

Surveillance tech has expanded abilities of firms to track employees, often without their consent, fed agency says.

UK consumer and business confidence weaken ahead of Budget

Indices hit lowest levels this year as Britons ‘hold their breath’ for tax rises on October 30

Business - Financial Times - 6 days ago

Carlsberg Misses Sales Expectations on Weak Consumer Backdrop

The Copenhagen-based brewer didn’t meet revenue and sales volumes expectations due to a poor performance in China and other countries, but reiterated its full-year guidance.

Business - The Wall Street Journal - 12 hours ago

Georgia sees record voting on the first day of in-person early voting

Trump to rally in Atlanta while Harris interviews in Detroit

Verstappen to continue giving minimal answers

Max Verstappen says he will continue his stance of giving minimal answers in official Formula 1 news conferences at this weekend’s US Grand Prix.

Here’s What Consumer Power Will Tell Us About the Economy

Corporate earnings reports and retail sales data could offer evidence that the U.S. economy is resilient as inflation ebbs.

Business - Inc. - October 14

Hint of ‘very high’ consumer inflation expectations raises risks for Treasury market

Buried inside last Friday’s data from the University of Michigan was a shocking inflation outlook from a small segment of consumers — one that is causing some nervousness about whether ...

Business - MarketWatch - October 14

Would Donald Trump’s taxes on trade hurt US consumers?

What could happen if Donald Trump drastically increases tariffs as he has promised to do?

France warns it could block €15.5bn Sanofi consumer health deal

Proposed sale of controlling stake to US private equity group has sparked backlash in country

Business - Financial Times - October 15

Lower oil prices are good for consumers — but a bad sign for the global economy

A significant drop in oil prices may offer consumers reason to celebrate, but it also hints at an economic slowdown in China, the world’s second largest economy.

Business - MarketWatch - October 16

FTC moves to take the frustration out of canceling subscriptions for consumers

The Federal Trade Commission is announcing a finalized rule to make it easier for people to cancel subscriptions and memberships they just don’t want anymore.

US agency adopts rule to make it easier for consumers to cancel unwanted subscriptions

The Federal Trade Commission has adopted a rule that will require businesses to make it easy for consumers to cancel unwanted subscriptions and memberships

Tech - ABC News - October 16

Flooded cars for sale in Arizona? How consumers can spot hurricane damage

As recent Hurricanes Milton and Helene continue to devastate the East Coast, Arizonans could also be affected - in a different way.

Sports - Yahoo Sports - October 16

Harris’s record on trade paints a dire picture for American producers, consumers

Vice President Harris' commitment to raising taxes, enacting Venezuelan-style price controls, and further shackling America's energy production would be disastrous for American working families, ...

Politics - The Hill - October 17

IMF chief warns of ‘unforgiving’ debt backdrop and low growth

Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challenge

Business - Financial Times - October 17

Iran foreign minister visits Egypt as leaders try to contain regional war

Middle East officials step up diplomatic effort as Israel says it killed Hamas leader Yahya Sinwar in strike on Gaza

Business - Financial Times - October 17

EU’s Green Shift Under Threat as the Hit to Consumers Gets Real

World - Yahoo News - October 18

Consumer Sentiment Among Older Canadians Hits 32-Month High

World - Yahoo News - October 21

Supreme Court won't hear challenge to Consumer Product Safety Commission

The dispute raised separation of powers concerns arising from the president's ability to remove members of the Consumer Product Safety Commission.

Supreme Court turns away challenge to consumer safety agency’s structure

The Supreme Court announced Monday it won’t take up a case that could have delivered another blow to federal agencies. Two conservative groups sought to challenge the structure of the Consumer ...

Politics - The Hill - October 21

What consumers should know about buying used electric vehicles

Used EVs are some of the most budget friendly cars on the market. Consumer Reports expert Brian Vines breaks down the pros and cons of used electric vehicles, and what consumers should look for ...

US consumers cut back on spirits as cost of living pressures bite

Drinkers who splashed out during pandemic pull back from vodka, rum and Scotch whisky

Business - Financial Times - October 22

Supreme Court Won’t Hear Challenge to Job Protections at U.S. Consumer Watchdog

The conservative court declined to take a case that could have led to the weakening of limits on a president’s power to fire some federal agency leaders.

Business - Inc. - October 22

Heineken Sales Miss Forecasts as Consumers Shy Away From Beer

The Dutch brewer posted sales below analysts’ expectations in the third quarter as the group grappled with challenging consumer and industry trends in some markets, particularly the Americas and ...

Business - The Wall Street Journal - October 23

Lobbying World: Consumer Brands Association taps next president and CEO

The Consumer Brands Association has selected Melissa Hockstad as the organization’s new president and CEO effective Jan. 6, 2025. Hockstad joins from the American Cleaning Institute, where she has ...

Politics - The Hill - October 23

Retailers Adjust Holiday Sales Plans to Handle Rising Consumer Stress Levels

Shoppers’ worries about the presidential election and its economic consequences threaten holiday season spending. Retailers are scrambling to limit pullbacks.

Business - Inc. - October 23

Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list

Nike and Kohl's are expecting sales to fall this year, but they remain a top choice among consumers, indicating they must move quickly to not fall out of favor.

Business - CNBC - October 24

Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list

Nike and Kohl’s may not be winning on Wall Street, but a wide set of consumers still consider them to be the best in their categories, according to a consumer sentiment survey released Thursday.

FirstFT: Partner pay at US law firms hits record levels

Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programme

World - Financial Times - 6 days ago

UK consumers in ‘a despondent mood’ ahead of the budget; pound on track for worst month in a year – business live

People holding ‘their breath’ to see what’s in store for them in Rachel Reeves’s first budget, reports GfK. Budget will reverse huge cuts in UK’s public investment, Reeves confirms Fewer ...

World - The Guardian - 6 days ago

10-year Treasury yield ends with biggest six-week climb in a year as consumer sentiment rises

U.S. government debt sold off on Friday, giving the 10-year yield its biggest six-week advance in about a year, after data showed consumer sentiment rose this month.

Business - MarketWatch - 5 days ago

Court of Appeal sides with UK consumers over ‘secret’ car loan commissions

Close Brothers shares plummet after landmark ruling that puts sector at risk of redress

Business - Financial Times - 6 days ago

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