Retreat Consumer
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MarketWatch - Business
Yield on 2-year Treasury ends at lowest in two years after big drop in consumer confidence
The policy-sensitive 2-year Treasury yield falls to its lowest level in two years as bond traders price in an aggressive slate of expect Federal Reserve rate cuts.4 hours ago -
ABC News - Tech
US sues Visa, saying the card issuer monopolized debit card markets and is driving up costs for businesses and consumers
US sues Visa, saying the card issuer monopolized debit card markets and is driving up costs for businesses and consumers5 hours ago -
CBS News - Top stories
Visa monopoly over debit cards hurts consumers and businesses, feds say
Visa exploits its market dominance to stifle competition, costing consumers and merchants billions in extra fees, feds allege in a lawsuit.6 hours ago -
CNBC - Business
September consumer confidence falls the most in three years
The Conference Board's consumer confidence index slid to 98.7, down from 105.6 in August, the biggest one-month decline since August 2021.8 hours ago -
CNBC - Business
2-year Treasury yield falls after consumer confidence miss
The 2-year U.S. Treasury yield was lower on Tuesday as market participants parsed a fresh consumer confidence reading.9 hours ago -
NBC News - Top stories
Consumer confidence fell more than expected this month
The reading comes days after the Federal Reserve cut its key interest rate as it tries to prevent further slowing in the labor market.9 hours ago -
MarketWatch - Business
Consumer confidence plunges on weaker job market and high cost of living. Americans are anxious ahead of election.
Consumer confidence fell in September to a three-month low ahead of a pivotal U.S. election whose outcome could hinge on which presidential candidate voters think will do a better job on the economy.9 hours ago -
CBS News - Top stories
California lawsuit alleges Exxon misled consumers about plastics recycling
Less than 10% of plastics in the U.S. are recycled.Yesterday - California -
Inc. - Business
How Preppy Cult Brands Captured the Imaginations and Wallets of Female Consumers
How many Stanley cups, Bogg Bags, and Kendra Scott necklaces does anyone need? Apparently, as many as you can buy.Yesterday -
Financial Times - World
How resilient is the US consumer?
Market Questions is the FT’s guide to the week ahead2 days ago -
The New York Times - Top stories
The 2024 Election Is a Retreat From Ideology
Whatever the Trump-Harris election season is delivering, it isn’t a grand ideological debate.3 days ago -
CBS News - Top stories
"Doomsday Glacier" set to retreat "further and faster," scientists warn
Scientists from the International Thwaites Glacier Collaboration warn of a "grim outlook" for the Thwaites Glacier, also known as the "Doomsday Glacier."4 days ago -
BBC News - Top stories
'Painful' Budget warning spooks people's confidence
Some economists have linked a drop in consumer confidence to officials' warnings of a painful Budget.4 days ago -
Financial Times - World
FirstFT: Wall Street titan John Paulson defends Trump’s tariff talk
Also in today’s newsletter, S&P 500 hits record high and Amazon’s crackdown on remote work4 days ago