Latest in Firstft Consumers Continue
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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 resultWorld - Financial Times - 6 hours ago -
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 - 6 days ago -
FirstFT: Uber explored bid for travel website Expedia
Also in today’s newsletter, Kamala Harris locks horns with Fox News interviewer Bret Baier and Wall Street roars backWorld - Financial Times - October 17 -
FirstFT: Japan plunges into political chaos
Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflowsWorld - Financial Times - 3 days 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 -
FirstFT: Israel grapples with shortage of air defence missiles
Also in today’s newsletter, Nvidia share price hits new record and tensions rise on the Korean peninsulaWorld - Financial Times - October 15 -
FirstFT: Musk backs Trump election bid with $75mn donation
Also in today’s newsletter, luxury shares fall after poor LVMH results and Boeing raises new capitalWorld - Financial Times - October 16 -
FirstFT: Hizbollah warns of ‘new and escalating’ phase of war
Also in today’s newsletter, Zelenskyy says in FT interview that Nato invitation is needed to stop war, and Netflix shares rise after upbeat resultsWorld - Financial Times - October 18 -
FirstFT: Calls grow for investigation into Musk election giveaways
Also in today’s newsletter, Trump’s vulgar ramble and Boeing workers to vote on pay dealWorld - Financial Times - October 21 -
FirstFT: HSBC overhaul to divide businesses along east-west lines
Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity pushWorld - Financial Times - October 22 -
FirstFT: Trump edges ahead of Harris in FT-Michigan Ross poll on economy
Also in today’s newsletter, Boeing machinists reject company pay offer and Tesla’s turnaroundWorld - Financial Times - October 24 -
FirstFT: Twin scandals hit PwC’s Asia profits
Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?World - Financial Times - 2 days ago -
FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - Yesterday -
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.Top stories - NBC News - October 15 -
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.Top stories - CBS News - 6 days ago -
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 30Business - 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 - 9 hours ago -
FirstFT: China launches large military exercises near Taiwan
Also in today’s newsletter, Trump backs strong dollar, says adviser, and EY delays start dates for recruitsWorld - Financial Times - October 14 -
FirstFT: Shares in McDonald’s plunge on links to E. coli outbreak
Also in today’s newsletter, Israel claims Nasrallah’s heir killed and Starbucks scraps financial guidanceWorld - Financial Times - October 23