Outlook Consumers Welcome

Maps show NOAA's winter outlook

NOAA has released its seasonal outlook for the 2024-25 winter months, which predicts the U.S. will slowly transition into a La Niña pattern.

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 - October 29

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

Martin Rowson on a parlous outlook for the UN – cartoon

World - The Guardian - 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.

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

Unilever Backs Outlook After Sales Growth

The consumer goods giant reiterated its full-year guidance after underlying sales grew more than expected in the third quarter as shoppers welcomed easing price hikes and began buying more of the ...

Business - The Wall Street Journal - October 24

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.

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 30

Business - Financial Times - October 24

Workers warned Budget tax rises will hit their wages

Economists say tax rises in the Budget will mean employers have less to give as pay rises.

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 result

World - Financial Times - October 31

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 - October 31

ING Lifts Outlook After Profit Beat

ING raised its total income outlook for the year and said it would distribute up to $2.7 billion to shareholders after net profits topped expectations.

Business - The Wall Street Journal - October 31

STMicroelectronics Cuts Outlook Again on Continued Weak Demand

STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.

Business - The Wall Street Journal - October 31

Smith & Nephew cuts outlook on China weakness

FTSE 100 medical manufacturer reports price pressures and worse-than-expected demand

World - Financial Times - October 31

Apple cautious on holiday outlook as it starts AI rollout

Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ features

Business - Financial Times - November 1

Consumers are anxious ahead of the election. Corporate America is feeling it

Like it or not, there’s an election on Tuesday. Voters are stressed. And to at least a small degree, so are corporations.

Business - MarketWatch - 5 days ago

Palantir shares surge on rosy revenue outlook

Palantir is seeing a pickup in artificial intelligence among its U.S. government client base.

Business - CNBC - 3 days ago

China consumer slowdown weighs on U.S. earnings again

From Apple to Starbucks, U.S. consumer brands are reporting yet another quarter of China sales declines.

Business - CNBC - 3 days ago

Former Trump adviser on U.S. economic outlook

Former President Donald Trump has largely based his 2024 campaign on the economy. Former Trump chief economic adviser Gary Cohn joins CBS News to assess the former president's plans.

The thought of a Trump presidency is eating me alive | Francine Prose

I look the way people do outside the intensive care unit, as they wait to learn whether a friend will survive. Our friend, in this case, is democracy. US election 2024 – live news updates US ...

World - The Guardian - 2 days ago

UniCredit Raises 2024 Outlook After Earnings Rise

UniCredit lifted its earnings guidance for the year after reporting a net profit increase that exceeded expectations.

Business - The Wall Street Journal - 2 days ago

A traditional Mexican family restaurant, and a welcoming LGBTQ hub

Café Ollín in New York's Harlem neighborhood has become a social media and community presence after a family member took the small restaurant in a new direction.

WATCH: Disney’s Animal Kingdom welcomes baby tiger

Baby Basko is a critically endangered Sumatran tiger cub.

Reeves welcomes IMF's improved UK economic forecast

The global financial institution predicts stronger UK growth of 1.1% this year and 1.5% next year.

King and Queen arrive in Samoa to red carpet welcome

The King, who is head of the Commonwealth, is due to formally open the Commonwealth Heads of Government Meeting.

Welcome to Madrid’s ‘Beverly Hills,’ Home to Mbappé and Bellingham

In the neighborhood of La Finca, houses sell for more than $10 million and there are 17 artificial lakes.

Sports - The New York Times - October 24

‘Aggressive' Wiggins a telling sign Warriors warmly welcoming

Andrew Wiggins' 13 rebounds in the Warriors' blowout win over the Utah Jazz on Friday night are a welcome sight for Golden State.

Sports - Yahoo Sports - October 26

Poisoned Mail and Panic Buttons: Welcome to the 2024 Election

An increasingly polarized nation has brought heightened risks ahead of election day, along with heightened opportunities for American businesses to protect our election systems.

Business - Inc. - 6 days ago

Aspinall, McGregor & the 'dream-makers' - welcome to Cage Warriors

From Tom Aspinall to Conor McGregor, Cage Warriors has a rich history of producing MMA stars. BBC Sport visits a show in Manchester to discover why.

Welcome to the era of Donald Trump versus Taylor Swift

Donald Trump's victory in the 2020 election was aided by Mitch McConnell's refusal to convict him in his second impeachment trial, and Taylor Swift's endorsement of Kamala Harris, which backfired ...

Politics - The Hill - 5 hours ago

Here’s What Consumer Power Will Tell Us About the Economy

Corporate earnings reports and retail sales data could offer evidence that the U.S. economy is resilient as inflation ebbs.

Business - Inc. - October 14

Hint of ‘very high’ consumer inflation expectations raises risks for Treasury market

Buried inside last Friday’s data from the University of Michigan was a shocking inflation outlook from a small segment of consumers — one that is causing some nervousness about whether ...

Business - MarketWatch - October 14

Would Donald Trump’s taxes on trade hurt US consumers?

What could happen if Donald Trump drastically increases tariffs as he has promised to do?

UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability

UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...

Business - MarketWatch - October 15

France warns it could block €15.5bn Sanofi consumer health deal

Proposed sale of controlling stake to US private equity group has sparked backlash in country

Business - Financial Times - October 15

LVMH shares down 7% after warning of ‘uncertain’ outlook

World’s largest luxury group hit by pullback in Chinese consumer spending

Business - Financial Times - October 16

Lower oil prices are good for consumers — but a bad sign for the global economy

A significant drop in oil prices may offer consumers reason to celebrate, but it also hints at an economic slowdown in China, the world’s second largest economy.

Business - MarketWatch - October 16

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