Text size Russian President Vladimir Putin Mikhail Klimentyev/SPUTNIK/AFP via Getty Images Oil prices inched up on Thursday after Russian President Vladimir Putin hinted that he might tear up supply c...
Tag: Consumer
Consumer interest in crypto still strong despite bear market
In its latest Crypto Pulse report, Bitstamp stated that attitudes towards crypto remain largely positive, although retail has become more prudent as the cryptocurrency sector seeks a bottom in its cur...
Coinbase, FTX, Binance get US House Committee inquiries over consumer protection concerns
The US House Committee on Oversight and Reform has reportedly sent letters to five major cryptocurrency exchanges in the country, asking for details and documents relating to consumer protection measu...
Is it safe to buy the US dollar after today’s consumer confidence data?
Last week financial markets focused on Chairman Powell’s Jackson Hole speech released on Friday. Similarly, this week’s most important event is scheduled on Friday, too – the Non-Farm Payrolls report....
A Look At Some Of The Earnings Coming The Week Of August 29
American dollar symbol standing on wood surface in front of a graph. Selective focus. Horizontal … [+] composition with copy space. getty Over the next few days, anticipated earnings reports wil...
Pinduoduo stock shoots up after profit more than triples, as consumer sentiment recovers
Shares of Pinduoduo Inc. PDD, -3.78% shot up 7.4% in premarket trading Monday, after the China-based company that connects agricultural producers with consumers reported second-quarter profit that mor...
Singapore Considers Enhancing Crypto Consumer Protection via Suitability Tests & Leverage Cuts
The Monetary Authority of Singapore (MAS) is weighing the option of propelling ways of protecting consumers trading cryptocurrencies through new measures like suitability tests. Speaking at an event o...
U.S. Stocks Poised Fall on Monday
Stocks are poised to open lower on Wall Street on Monday. Angela Weiss/AFP/Getty Images Text size U.S. stocks are poised to open lower on Monday as investors look toward Friday’s report on August jobs...
Fed Chief Talks Tough on Inflation. There’s More Pain Ahead for the Stock Market.
From left: Fed officials Jerome Powell, Lael Brainard, and John Williams ponder the great outdoors during a break at the economic symposium at Jackson Hole. David Paul Morris/Bloomberg Text size Grand...
AMC Stock Is Out of Whack With APE Shares. Jim Chanos Is Taking Advantage.
Text size AMC’s market capitalization is higher than it was before the pandemic slammed the theater industry. Justin Sullivan/Getty Images Legendary stock bear Jim Chanos has an arbitrage idea f...
Toyota Exec Says Lack Of Consumer Demand Makes U.S. Goal Of 50% Electric Vehicles By 2030 A Long Shot
The Toyota bZ4X represents the first of a global series of Battery Electric Vehicles to be … [+] introduced under the global “Toyota bZ” brand umbrella. Photo: Toyota It’s unlikely mass adoption...
Carrefour Plans to Freeze Prices on 100 Consumer Products to Fight Inflation
Companies like Carrefour are also making targeted efforts to support the government’s inflation reduction strategy. French supermarket and retail giant Carrefour is making a bold move to help stem th...
AMC Stock Plummets on Cineworld Bankruptcy Option, APE Dilution
AMC Entertainment (AMC) shares plunged lower Monday after the movie theatre chain’s largest rival, Cineworld, confirmed it’s considering a Chapter 11 bankruptcy filing in the United Stat...
Cineworld Says Considering Chapter 11 Filing in U.S.
Text size Cineworld said Regal theaters were “open for business as usual and continue to welcome guests and members.” Jim Watson/AFP via Getty Images Cineworld Group , the owner of Regal C...
Where’s the opportunity in ‘consumer staples’’ ahead of a recession?
Consumer Staples Select Sector SPDR Fund is already up more than 10% from its June low but the Chief Investment Officer of National Indexes Inc is convinced it’s not too late to hop onto what wi...
‘Block’ Under Scrutiny by Consumer Financial Protection Bureau
Cash App’s handling of customer complaints and disputes is the subject of the probe. The deadline for 2021 compliance was also December 5, 2021. Block Inc., founded by Jack Dorsey, is being sued by th...
Bill Gates Is Ecolab’s Largest Shareholder. He Just Scooped Up More Shares.
Text size Microsoft co-founder Bill Gates has been buying shares of Ecolab. Leon Neal/WPA Pool /Getty Images Ecolab ’s largest shareholder, Microsoft co-founder Bill Gates, bought more shares of the p...
Inflation peaking? 10 common consumer items where prices are falling
A customer shops for eggs in a Kroger grocery store on August 15, 2022 in Houston, Texas. Brandon Bell | Getty Images July’s consumer price index report finally showed a sign of potential relief...
DraftKings Is a Buy Ahead of NFL Season, Analyst Says
Text size DraftKings lifted its forecast earlier this month. Angus Mordant/Bloomberg Sports betting app DraftKings is a stock that investors should own heading into pro football’s regular season, Roth...
EQBR Launches its US-based NFT Startup for Enterprise and Consumer
[PRESS RELEASE – Singapore-August 13, 2022] EQBR Holdings (EQBR), a pioneer of Web 3.0 infrastructure providers, announced the launch of its new US-based NFT service company, My Flex, Inc. which will ...
Home Depot Blasts Q2 Profit Forecasts Amid Home Improvement Surge
Updated at 6:25 am EST Home Depot (HD) posted better-than-expected second quarter earnings Tuesday, while reiterating its full-year profit forecast, as the retailer saw an unexpected surge in home i...
19 celebrities called out by consumer watchdog group for shilling NFTs
Consumer watchdog group Truth in Advertising (TINA.org) has called out 19 celebrities for allegedly promoting non-fungible tokens (NFTs) without disclosing their connection to the projects. The not-f...
Who is the new Starbucks CEO? He has ‘deep’ knowledge of the consumer but lacks restaurant experience.
Investors didn’t appear to be too excited with Starbucks Corp.’s choice for its new chief executive officer, Laxam Narasimhan, but BTIG analyst Peter Saleh said they shouldn’t be surprised that he’s n...