CNBC’s Jim Cramer on Monday said that this week’s economic data releases and retailer earnings reports will give important insights into the state of the American consumer and, in turn, in...
Tag: Consumer
Unity Stock Tumbles After Board Rejects AppLovin’s $17.5 Billion Buyout Bid
Text size Unity Software doesn’t think AppLovin’s offer was in the best interests of its shareholders. David Paul Morris/Bloomberg Videogaming company Unity Software on Monday rejected Ap...
EQBR Announces the Launch of My Flex, Its US-based NFT Startup for Enterprise and Consumer
Place/Date: Singapore – August 15th, 2022 at 9:27 am UTC · 2 min read Contact: Michael M. Lee, Source: EQBR EQBR Holdings (EQBR), a pioneer of Web 3.0 infrastructure providers, announced the lau...
What Stocks Are Making Moves Monday? Li Auto, NIO, Peloton, and More.
Text size A trader works on the floor of the New York Stock Exchange. Michael Nagle/Bloomberg Stock futures were trading lower Monday after China cut interest rates following data that showed the worl...
Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices now at a white-hot 8.5%, it’s time to follow his lead
Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices now at a white-hot 8.5%, it’s time to follow his lead Price levels are on the rise. In July, U.S...
American Consumers Feeling More Confident, Data Shows
Topline Consumer sentiment improved this month after an all-time low reached in June, though consumers are still 21.6% less satisfied with the economy than this time last year, according to preliminar...
The Big Winners—and Losers —in the Inflation Bill
Senate Majority Leader Chuck Schumer (D-NY) helped shepherd the Inflation Reduction Act through the Senate after earlier bills died. Drew Angerer/Getty Images Text size The House won’t take up Democra...
Rivian, Illumina, Toast, and More Stock Market Movers Friday
Text size Rivian, the maker of electric trucks, maintained its production estimates for the full year. Courtesy Rivian Stock futures rose Friday amid more signs that inflation in the U.S. has been coo...
Grocery prices in July had largest price increase since 1979 — with one food staple rising by 38% on the year
The rise in the cost of living cooled in July, but not for grocery prices. The price of food at home rose 1.3% from June to July, marking a 13.1% increase compared to last year. It was the largest pr...
Microsoft makes further cuts focused on consumer R&D group
After pulling open roles across its Office and Windows divisions and letting go of a portion of its 180,000-person workforce in July, Microsoft made additional cuts this week. This layoff round was co...
Dow Jumps 400 Points After Consumer Prices Cool Slightly In July—Has Inflation Peaked?
Topline The stock market surged higher on Wednesday after a better-than-expected inflation report for July, boosting investor sentiment as consumer prices fell for the first time in months, adding to ...
Consumer prices rose 8.5% in July, less than expected as inflation pressures ease a bit
Prices that consumers pay for a variety of goods and services rose 8.5% in July from a year ago, a slowing pace from the previous month due largely to a drop in gasoline prices. On a monthly basis, pr...
China consumer prices hit a two-year high
Customers buying pork at a food market in Shanghai, China. Prices of pork, a food staple in China, rose by 20.2% in July 2022 compared to a year ago, official data showed. Qilai Shen | Bloomberg | Get...
Forbes Asia’s Best Under A Billion 2022
– This story is part of Forbes’ coverage of Asia’s Best Under A Billion 2022, which highlights 200 Asia-Pacific public companies with less than $1 billion in sales and consistent top...
The Consumer Watchdog Group Wants NFT Reveal From Celebrities
The Truth In Advertising (TINA) asks celebrities to reveal the benefits from NFT promotion. TINA issues a list which includes seventeen high-profile celebrities. The NFT Connection Of Top Celebrities ...
Consumer confidence in housing market hits lowest in over a decade
A sign stands outside an upscale home for sale in the Lake Pointe Subdivision of Austin, Texas. Ed Lallo | Bloomberg | Getty Images Consumer confidence in the housing market dropped to the lowest leve...
Consumer Sentiment Relatively Strong Amongst US Crypto Owners, Despite Fall In Prices: Report ⋆ ZyCrypto
Advertisement     As of May 2022 data, new crypto adoption in the US was primarily driven by high-income earners, millennials and Generation Z adults. Baby Boomers rem...
Gasoline At (or Under) $2.99 a Gallon: Here’s Where
Gasoline prices continue to fall in a handful of states to $2.99 a gallon, marking the 50th consecutive day of declines and giving consumers a reprieve as high inflation rates have walloped their budg...
Amazon to Acquire Roomba Maker iRobot to Consolidate Consumer Robotics Presence
Tech giant Amazon looks to acquire iRobot for $1.7 billion to gain more ground in the consumer robotics industry. Amazon (AMZN: NASDAQ) is reportedly acquiring Roomba maker iRobot for $61 a share in a...
New York State Fines Crypto Wing of Robinhood $30,000,000 for Allegedly Violating Consumer Protection Laws
The state of New York is levying a fine against the crypto branch of trading giant Robinhood for allegedly violating consumer protection and anti-money laundering laws. According to a new press releas...
Ontario regulator includes crypto firms in latest consumer protection alert
The Ontario Securities Commission (OSC) included a number of crypto firms in a consumer alert that called out companies not registered to deal in the Canadian province. The OSC’s investor warnin...
U.S. Stocks Poised to Fall on Monday
Stocks are set to open lower on Monday ahead of another busy earnings week. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images) AFP via Getty Images Text size U.S. stocks are se...