Latest in Rate Cools Consumers
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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 -
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 ...Top stories - CBS News - 20 hours ago -
How Trump’s win and the latest interest-rate cut will affect you as a consumer, homeowner and investor
Also: Expensive stocks, a Medicare warning and another milestone for Nvidia.Business - MarketWatch - 6 days ago -
Crowds at the Row’s Sample Sale Beg a Question: Can It Stay Cool?
The luxury brand has maintained its allure through an air of exclusivity. Associations with discount chains and reality stars have broadened its reach.Lifestyle - The New York Times - October 25 -
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 -
Chef Karyn Tomlinson on making "grandma chic" cool
Chef Karyn Tomlinson, owner of "Myriel" in Saint Paul, Minnesota, is being recognized for her minimalist approach and use of local ingredients. Her restaurant, which opened in 2021, has gained a ...Top stories - CBS News - October 16 -
Dozens Of Cool Lego Sets Are On Sale At Target This Week
If you're looking for something fun to do on cold autumn and winter nights that doesn't involve a screen, dozens of Lego sets are on sale at Target right now. Building sets based on Batman, ...Tech - GameSpot - October 21 -
Inflation Cooled Further in September, PCE Index Shows
Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.Business - The New York Times - October 31 -
Why Cooling Inflation Hasn’t Eased Sticker Shock
The term refers to what we have internalized as the fair price for a product or service. It’s often out of sync with what things now actually cost.Business - The New York Times - November 1 -
Can Australia make Cab Sav cool again?
Independent producers are making the best of a tricky situation and a traditional grapeBusiness - Financial Times - 5 days ago -
How a Colombian Influencer Made Recycling Cool
The character Marce the Recycler has created an enthusiastic dedication to proper waste separation among her devoted fans.World - The New York Times - 3 days ago -
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 - October 24 -
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 - October 24 -
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 - 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 -
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 - November 3