Cost Consumers - QuikReader

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

UK consumer confidence recovers from pre-Budget dip

GfK index rose three points in November as lower interest rates and higher wages help ease financial concerns

Business - Financial Times - 5 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 - 5 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 - 5 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

Consumer confidence jumps to 16-month high as Americans see the economy improving

Consumer confidence climbed to a 16-month high and Americans grew more optimistic about 2025, buoyed by rising stock prices, slowing inflation and a robust U.S. jobs market.

Business - MarketWatch - Yesterday

Best Buy says Trump tariffs could force it to raise consumer prices

Consumers could face higher prices for electronics if President-elect Donal Trump hits Canada, Mexico and China with new tariffs, Best Buy CEO said.

US economy grows at 2.8% pace in third quarter on consumer spending

The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its ...

Consumer spending climbs ahead of holidays. Households far from tapped out.

Consumer spending rose at a healthy pace in October and fueled a U.S. economic expansion that shows no sign of slowing in the waning months of 2024.

Business - MarketWatch - 1 hour ago

PwC profits fall in Asia after scandals in China and Australia

Big Four firm reports slower global growth as regional woes compound consulting industry slowdown

Business - Financial Times - October 29

The OBR should trust markets on the cost of quantitative tightening

Rules of thumb aren’t helping

World - Financial Times - October 29

Santander's Profit Beats Expectations on Lower Provisions, Costs

Spain’s largest bank by market capitalization reported a 12% on-year increase in net profit for the three months ended Sept. 30, as lighter provisions and costs helped offset the impact from the ...

Business - The Wall Street Journal - October 29

Volkswagen in Drive to Cut Costs as Earnings Plunge

The automaker said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China.

Business - The Wall Street Journal - October 30

Investors' reaction to Budget 'very different' to Truss, says Reeves's deputy

Treasury secretary speaks out to reassure the markets after a rise in the cost of government borrowing.

Why fewer teens get help with the costs of college

The number of teenage students getting the £40-a-week help with costs has halved since 2010.

Pubs hammered by ‘staggering extra costs’ from Budget

Shares in groups including JD Wetherspoon and Marston’s hit following national insurance and minimum wage increases

World - Financial Times - November 1

Why are university tuition fees going up?

Tuition fees in England are to rise for the first time in eight years, to help universities.

DHL Owner Net Profit Falls on Costs

Deutsche Post reported a lower net profit on higher costs and said it expects earnings to grow in the fourth quarter, even in a muted economic environment.

Business - The Wall Street Journal - November 5

£500mn and counting: companies reckon with UK Budget costs

Sainsbury’s, BT and Wetherspoons among those warning that changes may force price rises for customers

World - Financial Times - November 7

Vistry shares plunge as cost overruns hit profits

UK housebuilder blames ‘insufficient management capability’ and ‘poor divisional culture’ for underestimating costs

Business - Financial Times - November 8

Trump tariffs could cost UK £22bn of exports

The UK could face a £22bn hit to its exports if Donald Trump carries out his tariff threats, researchers say.

Making Fun of Men in China Comes at a Cost

Chinese companies are trying to exploit burgeoning interest in women-focused content without upsetting male customers.

World - The Wall Street Journal - November 11

Butter thefts highlight cost of Russia’s war economy

Rampant inflation of staple food prices is linked to soaring defence spending