Latest in Retailers Tell Consumers
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Labour’s home insulation pledge in doubt, say consumer rights groups
Campaigners warn Budget pledge falls far short of manifesto promise to support energy efficiencyWorld - Financial Times - November 1 -
Some consumers say a kratom drink's marketing led to an addiction
Jasmine Adeoye, an account manager based in Austin, Texas, said she became addicted to kratom drink "Feel Free Classic," after she sought an alcohol alternative.Top stories - CBS News - November 2 -
Move over Black Friday: Consumer interest in 'Travel Tuesday' soars
Search interest for "Travel Tuesday" rose more than 500% over the last two years, according to a report published Thursday by McKinsey & Company.Business - CNBC - November 4 -
Why this week is so crucial for American consumers — and it’s not just the election
American consumers are facing a momentous week, with the outcome of two key events set to shape their financial futures.Business - MarketWatch - November 5 -
How Distributors’ Fees Cost Consumers and Small Food Companies Dearly
A tussle between big food manufacturers, grocery chains, and distributors for narrow profit margins squeezes the small producers caught in the middle.Business - Inc. - November 5 -
Trump's proposed tariffs could raise prices for consumers and slow spending
President-elect Donald Trump has proposed stiff tariffs on imported goods, which could lead to higher prices and softer spending.Business - CNBC - November 6 -
Americans are most optimistic about the economy since 2021, consumer sentiment shows
Growing optimism about how the economy will perform in 2025 pushed a survey of consumer sentiment to a seven-month high shortly before the presidential election that saw former President Donald ...Business - MarketWatch - November 8 -
Russia Explores Plan to Merge Oil Giants Into Mega Producer
The resulting company would be the world’s second-largest crude producer, behind Saudi Arabia’s Aramco, and would pump almost three times the output of Exxon Mobil.World - The Wall Street Journal - November 9 -
The Russia-Ukraine War Intensifies, With Drone Attacks, Foreign Troops and Record Losses
The surge in fighting occurs as President-elect Donald Trump pledges to end the conflict.World - The Wall Street Journal - November 10 -
Consumer anger over high prices piles pressure on politicians
Post-Covid inflation rise leaves toxic legacy for governments across rich economiesBusiness - 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 executiveWorld - 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 -
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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 financeBusiness - 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 ...Top stories - CBS News - November 13 -
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 upWorld - 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 outWorld - 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 - November 20 -
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 concernsBusiness - Financial Times - November 22 -
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 - November 22 -
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 trialBusiness - Financial Times - November 22 -
‘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 proceedingsBusiness - Financial Times - November 22 -
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 risingBusiness - Financial Times - November 22 -
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 - 3 days ago -
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.Top stories - CBS News - 3 days ago -
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 ...Top stories - ABC News - 2 days ago -
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 - 2 days ago -
Elon Musk Wants to ‘Delete’ the Consumer Financial Protection Bureau
Musk posted “Delete CFPB. There are too many duplicative regulatory agencies,” on X.Business - Inc. - 2 days ago -
Elon Musk calls to ‘delete’ US finance consumer watchdog agency
Tech billionaire tapped by Trump posts on X about wanting to eliminate Consumer Financial Protection Bureau (CFPB). Elon Musk has said he wants to “delete” the Consumer Financial Protection ...World - The Guardian - Yesterday -
Elon Musk Wants to ‘Delete’ the Consumer Financial Protection Bureau
Musk posted “Delete CFPB. There are too many duplicative regulatory agencies,” on X.Business - Inc. - 2 days ago
