Latest in Consumers It’s Election
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FirstFT: Partner pay at US law firms hits record levels
Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programmeWorld - Financial Times - October 25 -
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 - October 25 -
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 - October 25 -
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 redressBusiness - Financial Times - October 25 -
Indonesia’s iPhone 16 ban will hurt consumers more than Apple
Government decision to block sale of latest iPhone is far from disastrous for tech groupWorld - Financial Times - October 28 -
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 ...Top stories - CBS News - October 29 -
U.S. consumer confidence surges in October to highest level in nine months
The U.S. consumer-confidence index surged to 108.7 in October from a revised 99.2 reading in the prior month, the Conference Board said Tuesday. This is highest level of confidence since January.Business - MarketWatch - October 29 -
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 - 6 days ago -
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 - 6 days ago -
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 - 6 days ago -
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 - 6 days ago -
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 - 5 days ago -
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 - 5 days ago -
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 - 5 days ago -
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 - 5 days ago -
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 - 3 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 - 2 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. - 13 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 -
Consumer sentiment hits 6-month high as Republicans grow confident in Trump win
Growing confidence among Republicans in a victory for Donald Trump helped push a survey of consumer sentiment to a six-month high less than two weeks before the U.S. presidential election.Business - MarketWatch - October 25 -
These 5 Data Points Can Help Retailers Keep Pace With Shifting Consumer Demands
A consulting firm’s survey finds shoppers expect online and in-store price consistency, increased product availability in shops, and fast and free delivery.Business - Inc. - October 25 -
Elon Musk, Trump allies say his tariff plans could cause short-term pain for consumers
Donald Trump has proposed universal tariffs, which Vice President Kamala Harris attacked, calling the proposal a "Trump sales tax" on American consumers.Business - CNBC - October 30 -
Yum Brands’ earnings fall short of estimates as Pizza Hut parent says consumers are still pressured
Only Taco Bell managed same-store sales gains.Business - MarketWatch - 17 hours ago -
Will Your Elected Officials in Congress Accept the Results of the Election?
We’ve asked every member of Congress whether they’ll accept the results as called by the Associated Press. Use our tool to see how your representatives answer.Tech - Wired - 5 days ago -
Hurricanes, the election and misinformation
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Storm misinformation stokes election fears The flood of conspiracy theories and rumors amid the severe ...Politics - The Hill - October 15 -
Bacon urges 'respect' for election
Rep. Don Bacon (R-Neb.) in a Sunday interview urged “respect" for "our elections” as the 2024 election looms. “We have to respect our elections, and I get it, candidates have the right to go to ...Politics - The Hill - October 20 -
The Climate Election: Immigration, explained
Immigration remains among the top concerns for voters in the 2024 election. But when it comes to policy, many ignore a key reason why people are forced to leave their homes — climate change. ...Top stories - CBS News - October 22 -
The Election Is Happening Too Soon
When we all think we’re right, we stay perennially stuck in place.Top stories - The New York Times - October 24 -
U.S. intel identifies disinformation campaigns ahead of election
With just over a week to go before elections, there's a new warning about threats, fake videos and propaganda all aimed at trying to fool voters. NBC News' Maura Barrett reports.Politics - NBC News - October 26 -
In Georgia, Political Crisis Looms After Disputed Election
The ruling Georgia Dream party won a majority in the vote. The opposition, which fears the country is moving away from the West, says the voting was not fair and that it will not sit in Parliament.World - The New York Times - October 27 -
The Climate Election: The economy, explained
The economy remains one of the top concerns for voters just a week out from Election Day, but there's a major factor that experts say could cause significant harm to it: climate change. One study ...Top stories - CBS News - October 29 -
Four certainties in an uncertain election
Election Day is now just one week away.Politics - The Hill - October 29 -
US election betting is on a roll
In the months leading up to election day, people from around the world have placed millions of dollars in wagers on who will be the next American presidentWorld - Financial Times - October 30