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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 - October 31 -
Western consumer groups unconvinced by China’s economic stimulus efforts
Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidenceBusiness - Financial Times - October 31 -
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 - 6 days ago -
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 - 4 days ago -
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 - 3 days ago -
Qatar Pauses Efforts to Mediate Stalled Gaza Cease-Fire
The Gulf state’s move reflects frustration with the lack of progress by Hamas and Israel.World - The Wall Street Journal - 2 days ago -
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 - 2 days ago -
Consumer anger over high prices piles pressure on politicians
Post-Covid inflation rise leaves toxic legacy for governments across rich economiesBusiness - Financial Times - Yesterday -
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 - Yesterday -
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 - 8 hours ago -
U.S. Tech Firms to Invest More Than $8 Billion in U.K. Data Centers Amid AI Frenzy
Surging AI demand has led to a combined investment of $8.23 billion in U.K. data centers from four American tech companies.Tech - The Wall Street Journal - October 14 -
Could Weight-Loss Drugs Help Get People Back to Work? The U.K. Wants to Find Out.
The British government announced a multimillion dollar pharmaceutical partnership with Eli Lilly, including a trial that will study the impact of a weight-loss drug on work and productivity.World - The New York Times - October 15 -
British pound and bond yields dive as U.K. inflation hits lowest in more than three years
Traders boost rate cut bets after U.K. inflation dives below 2%Business - MarketWatch - October 16 -
Ozzy and Sharon Osbourne finally sell their $4.35 million L.A. condo and plan to head back to the U.K. for good
After more than two decades living in the U.S., the couple are one step closer toward their goal of ditching the U.S. for good.Business - MarketWatch - October 22 -
U.K. treasure hunters make millions off silver coins dated to 11th century
2,584 silver pennies dating from the Norman Conquest is Britain’s most valuable treasure find ever at over $5 million.Top stories - NBC News - October 23 -
Lucy Letby, Former U.K. Nurse, Loses Bid to Appeal Attempted Murder Conviction
Ms. Letby is serving 15 life sentences after the deaths and collapses of babies in the neonatal unit where she worked.World - The New York Times - October 25 -
U.K. Man Who Posed as a Girl to Extort Teens Online Gets 20 Years in Prison
The Northern Ireland resident sought explicit images from thousands of girls he had groomed and blackmailed, leading to the death of a 12-year-old girl in the United States.World - The New York Times - October 26 -
Teen accused of killing 3 U.K. girls had al Qaeda manual, police say
A teen accused of killing three girls in England is charged with producing the poison ricin and faces a terror offense for having a jihadi training manual.Top stories - CBS News - October 29 -
Teen Accused in U.K. Taylor Swift Dance Class Stabbing Charged With Terror Offenses
The police said that they found Ricin and an Al Qaeda training manual in the suspect’s home. The attack on little girls at a Taylor Swift-themed event stoked anti-immigrant sentiment.World - The New York Times - October 29 -
Traders expect calm response to U.K. budget after event caused turmoil two years ago
The bar is set very high for calamitous British budgetsBusiness - MarketWatch - October 30 -
U.K. government bond yields hit 2024 highs as traders balk at increased debt sales
Benchmark U.K. bond yields hit their highs of the year on Thursday as investors balked at the increased borrowing set out in the government’s budget.Business - MarketWatch - October 31 -
Echoes of U.K.’s 2022 bond crisis weigh on Treasury market ahead of U.S. election
A selloff in the U.K. bond market on Thursday, triggered by concerns about planned government borrowing, sent the country’s yields higher in a manner slightly reminiscent of the 2022 gilt crisis ...Business - MarketWatch - October 31 -
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Kemi Badenoch, New Leader of the U.K.’s Tories, Vows to Make the Party More Conservative
Ms. Badenoch is expected to move the party, now in the opposition, further to the right.World - The New York Times - November 2 -
The U.K. Conservative party's new leader is the first Black woman to lead a major British party
LONDON — Britain’s Conservative Party on Saturday elected Kemi Badenoch as its new leader as it tries to rebound from a crushing election defeat that ended 14 years in power.Top stories - NBC News - November 2 -
U.K.'s Tories Turn to a Black, Right-Wing Culture Warrior to Revive Party
Kemi Badenoch became the first Black woman to lead the U.K.’s Conservative Party, following its disastrous performance in a recent general election.World - The Wall Street Journal - November 2