Latest in Strong Demand Consumers
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Norwegian Cruise Line seeing strong demand, as consumers show ‘health and confidence’
Norwegian Cruise Line’s stock rallies toward a three-year high after an “impressive” quarterly performance and amid continued “robust” demand.Business - MarketWatch - 6 hours ago -
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 - Yesterday -
Oil prices end higher as risk of Iranian strike on Israel grows
Oil futures finished higher on Thursday, contributing to a gain for the month, as traders weighed the growing risk of an Iranian attack on Israel that would further fuel tensions in the oil-rich ...Business - MarketWatch - 2 hours ago -
These 5 Data Points Can Help Retailers Keep Pace With Shifting Consumer Demands
A consulting firm’s survey finds shoppers expect online and in-store price consistency, increased product availability in shops, and fast and free delivery.Business - Inc. - 6 days ago -
Lilly’s Mounjaro, Zepbound drugs see strong demand. So why did sales disappoint?
Eli Lilly’s stock heads for biggest selloff in more than three years after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.Business - MarketWatch - Yesterday -
Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall
The company saw strong sales from its top-selling cancer drug Keytruda, recently launched treatments and its animal health business.Business - CNBC - 4 hours 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 -
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 - 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 - 6 days ago -
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 - 11 hours 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 - 14 hours ago -
Trump’s Border Plans Are Light on Details but Strong on Fury
The former president’s sweeping immigration proposals face daunting challenges, but voters still trust his positions more than his opponent’s.Top stories - The New York Times - October 15 -
Despite signals the U.S. economy is strong, voters are wary
Wall Street has seen six straight weeks of gains and with unemployment near a 50-year low, there are signs the economy is strong. However, the cost of everyday essentials is still a top-of-mind ...Top stories - CBS News - October 19 -
Is the U.S. Economy Too Strong for Its Own Good?
Stocks could come crashing down from record highs if the Fed does anything besides an interest rate cut.Business - Inc. - October 21 -
Hermès defies luxury gloom with strong sales
Paris house posts solid growth in contrast to rivals Kering and LVMHBusiness - Financial Times - October 24 -
Pfizer's Strong Quarter Bolsters CEO's Comeback Efforts
The pharmaceutical company reported its third consecutive quarter with positive results.Business - The Wall Street Journal - 2 days ago -
Google’s strong earnings boosted by cloud computing gains
Parent company Alphabet’s shares rise 6% as results show lift from AI demandBusiness - Financial Times - Yesterday -
The Economy Looks Strong as Election Day Nears
Also, flash floods killed more than 95 people in Spain. Here’s the latest at the end of Wednesday.Top stories - The New York Times - 23 hours ago -
Ashley demands to be made Boohoo chief
Tycoon’s Frasers Group claims fast-fashion retailer is being ‘mismanaged’ after building 27% stakeBusiness - Financial Times - October 24 -
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?Top stories - BBC News - October 14 -
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 countryBusiness - Financial Times - October 15 -
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 -
FTC moves to take the frustration out of canceling subscriptions for consumers
The Federal Trade Commission is announcing a finalized rule to make it easier for people to cancel subscriptions and memberships they just don’t want anymore.Top stories - NBC News - October 16 -
US agency adopts rule to make it easier for consumers to cancel unwanted subscriptions
The Federal Trade Commission has adopted a rule that will require businesses to make it easy for consumers to cancel unwanted subscriptions and membershipsTech - ABC News - October 16 -
Flooded cars for sale in Arizona? How consumers can spot hurricane damage
As recent Hurricanes Milton and Helene continue to devastate the East Coast, Arizonans could also be affected - in a different way.Sports - Yahoo Sports - October 16 -
Harris’s record on trade paints a dire picture for American producers, consumers
Vice President Harris' commitment to raising taxes, enacting Venezuelan-style price controls, and further shackling America's energy production would be disastrous for American working families, ...Politics - The Hill - October 17 -
IMF chief warns of ‘unforgiving’ debt backdrop and low growth
Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challengeBusiness - Financial Times - October 17 -
Iran foreign minister visits Egypt as leaders try to contain regional war
Middle East officials step up diplomatic effort as Israel says it killed Hamas leader Yahya Sinwar in strike on GazaBusiness - Financial Times - October 17 -
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