Latest in Doubt Say Consumer
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IMF chief warns of ‘unforgiving’ debt backdrop and low growth
Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challengeBusiness - 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 GazaBusiness - Financial Times - October 17 -
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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.Top stories - CBS News - October 21 -
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 ...Top stories - CBS News - October 21 -
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 whiskyBusiness - 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.Top stories - NBC News - October 24 -
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 - 6 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 redressBusiness - Financial Times - 6 days ago -
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 - 4 days ago -
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 - 3 days ago -
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 - 3 days ago -
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 - 2 days ago -
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 - 2 days ago -
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 - 2 days ago -
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. - 2 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 - Yesterday -
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 - Yesterday -
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 - Yesterday -
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 - 23 hours 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 - Yesterday -
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 - 21 hours ago -
GloRilla conquers self-doubt on her path to becoming one of hip-hop's most promising voices
GloRilla’s confidence was once lost, but she found a way to reclaim itEntertainment - ABC News - October 22 -
Emma Raducanu a major injury doubt for Billie Jean King Cup after latest withdrawal
Emma Raducanu is an injury doubt for next month’s Billie Jean King Cup after she pulled out of the upcoming Hong Kong Open.Sports - Yahoo Sports - October 22 -
Missouri leading rusher Nate Noel doubtful for game against Alabama with foot injury
Noel injured his foot on the first drive of the Tigers' win over Auburn last weekSports - CBS Sports - October 23 -
Daniel Jones' future in doubt after quarterback fails to lift Giants once again
On Monday night, against the Pittsburgh Steelers, the Giants trotted out Daniel Jones as their quarterback and, once again, he lost them the game.Sports - Yahoo Sports - 3 days ago -
NFL Week 9 Power Rankings: Stop doubting the undefeated Chiefs; Steelers, Eagles figuring it out offensively
Pete Prisco shares his Power Rankings heading into Week 9 of the 2024 seasonSports - CBS Sports - 2 days ago -
Comcast considers spinning off cable channels like MSNBC. But analysts have doubts
Comcast is considering spinning off its cable network business, which includes USA Network, Syfy and Bravo, as the media giant grabbles with the changes in the linear television industry.Entertainment - Los Angeles Times - 18 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