Latest in Consumers Slow
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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 -
Consumer confidence surges as election nears, while job openings move lower
Consumers grew more optimistic heading into the contentious presidential election even as job openings hit multiyear lows.Business - CNBC - October 29 -
Consumer confidence surges to record high ahead of Election Day
During the final weeks of the 2024 presidential campaign, consumer confidence has surged to the highest level in three years, but inflation remains a major concern for families. NBC’s Christine ...Politics - NBC News - October 30 -
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 - October 30 -
Here’s Why U.S. Consumer Confidence is Climbing Ahead of Election Day
The Conference Board’s monthly report says its index notched the largest gain since March 2021.Business - Inc. - October 30 -
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 - 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 - 6 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 - 6 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 - 6 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 - 6 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 - 4 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 - 3 days ago -
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 - Yesterday -
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. - Yesterday -
Emotional Nick Sirianni addresses Eagles slow starts: 'We didn't execute, didn't call enough good plays'
The Eagles offense does not have a first quarter point this seasonSports - CBS Sports - October 14 -
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...World - The Guardian - October 15 -
Holiday sales growth could slow to pre-pandemic levels, retail group says
U.S. holiday-season spending is likely to hit another record, a major retail-industry group said Tuesday, but it added that sales growth is likely to slow as consumers continue to grapple with ...Business - MarketWatch - October 16 -
‘Operating in the Stone Age’: NHS staff’s daily struggle with outdated tech
Plans to digitise health service must first tackle ‘flip a coin’ nature of equipment across UK, say medical staffBusiness - Financial Times - October 16 -
Fantasy Football Panic Meter: CeeDee Lamb's slow start is frustratingly familiar, but offers hope
Dalton Del Don examines five players struggling to deliver on expectations and breaks down how worried we should be.Sports - Yahoo Sports - October 16 -
Can Mets pull off another miraculous comeback? What New York must do to slow down Dodgers in NLCS
Teams down 3-1 in best-of-seven MLB postseason series go on to win those series just 15.1% of the timeSports - CBS Sports - October 18 -
Thomasina Miers’ recipes for slow-cooked pork belly with chipotle and Mexican-style smacked cucumbers
Delightfully crisp pork with a rich, hot-and-sour sauce, to serve with a Mexican twist on a classic Asian side. Mexico’s love of pork is well documented, but how the country is influenced by so ...World - The Guardian - October 20 -
‘It romanticised my night!’ The R&B slow jam events making Black British clubbers swoon
No pounding beats, no strobes – just sensual tracks, singalongs and nostalgic vibes. Black club-goers explain how this craze gives them a space to call their own. It’s just past 5pm in West ...World - The Guardian - October 22 -
UPS beat on revenue for the first time in 2 years, even as online sales slowed
UPS’s stock jumps toward a three-month high after earnings beat expectations, with revenue topping forecasts for the first time in nine quarters.Business - MarketWatch - October 24 -
Food fad or science – or both? Why cooking with water may help slow ageing
Advanced glycation end products (AGEs) are created when food is blasted over high heat and may lead to health issues. Dr Michelle Davenport says her grandmother is 95 and doesn’t have any wrinkles ...World - The Guardian - October 25 -
Home prices hit a new record high, but the pace of growth is slowing significantly and ‘showing signs of strain’
Case-Shiller 20-city home price index rose 5.2% year-on-year in August.Business - MarketWatch - October 29 -
US economic growth slows, as Germany avoids recession and France gets Olympics boost – business live
Eurozone GDP grew by 0.4% in the last quarter, faster than expected, as Germany’s economy avoids second contraction in a row. Autumn budget live: major tax rises expected as Rachel Reeves ...World - The Guardian - October 30 -
First impressions of NBA rookie class: Late first-rounder shining for Suns, slow starts for top three picks
Let's take stock of the 2024 NBA Draft class after a brief introduction to the leagueSports - CBS Sports - October 30 -
'Slow shopping' can save you money this holiday season. Here’s how it works
The trend toward making more mindful buying decisions can help you avoid impulse purchases and debt over the peak shopping season.Business - CNBC - 6 days ago