Text size Yeti cooler sales are expected to grow, and the company has added drinkware products to its line. Sergio Flores/Bloomberg Good things are supposed to come in small packages, but that hasn’t ...
Tag: Consumer
Buy or Sell Apple Stock After Its Strong Earnings? 5 Reasons to Pick It Up.
Text size Apple has had to grapple with supply chain challenges and rising interest rates. Photo by DANIEL SLIM Apple ’s better-than-expected earnings report helped shake off investor concerns about h...
SEC Chair Gensler Says the Agency is Looking to Regulate Crypto Exchanges to Ensure Consumer Protection ⋆ ZyCrypto
Advertisement     The crypto community has been calling for establishing a workable regulation that will guide the industry in the United States and subsequently prote...
Shell Posts Record Quarterly Profit of $11.5 Billion. Exxon and Chevron Are Next.
Text size Shell also announced plans to buy back a further $6 billion of shares. Getty Images Shell , the United Kingdom–domiciled energy giant, posted record quarterly earnings Thursday a day before ...
BofA CEO says the strong American consumer is one of the Fed’s biggest obstacles
The American consumer is still strong despite roaring inflation, and that will pose a challenge to the Federal Reserve’s mission to tamp down inflation, Bank of America CEO Brian Moynihan told C...
Walmart’s slashed profit outlook sends consumer health warning
Shares of retailers including Macy’s, American Eagle and Amazon fell Tuesday, a day after Walmart slashed its profit forecast and warned that surging prices for food and gas are squeezing consum...
S&P 500 Falls Over 1% After Walmart’s Profit Warning, Consumer Confidence Tumbles
Topline The stock market fell on Tuesday, with retail stocks leading declines after Walmart slashed its profit outlook for the rest of the year and warned that high inflation is having an impact on co...
Stock futures fall after Walmart cuts forecast, says inflation hit consumer spending
Traders on the floor of the New York Stock Exchange, June 28, 2022. Source: NYSE U.S. stock futures fell on Monday night after Walmart cut its profit forecast, sending retail stocks tumbling after hou...
Bridge Protocols Race To Win Consumer Trust
“You should be scared of bridges. There’s a huge risk profile,” the head of DAOs at Alliance said DeFi bridges create trade-offs between simplicity, decentralization and cost Bridge protocols, designe...
Consumer sentiment beats estimates, inflation expectations fall in July
Consumer sentiment rose in July while inflation expectations tumbled, according to the latest data from the University of Michigan released Friday. Preliminary data for July showed consumer sentiment ...
Inflation rose 9.1% in June, even more than expected, as consumer pressures intensify
Shoppers paid sharply higher prices for a variety of goods in June as inflation kept its hold on a slowing U.S. economy, the Bureau of Labor Statistics reported Wednesday. The consumer price index, a ...
Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices now at a white-hot 9.1%, 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 9.1%, it’s time to follow his lead Price levels continue to rise at a rate we...
How A New California Law Will Raise The Cost Of Consumer Goods Nationwide
California Gov. Gavin Newsom (AP Photo/Rich Pedroncelli, File) Copyright 2022 The Associated Press. All rights reserved Governor Gavin Newsom (D-Calif.) has been promoting the checks worth up to $1,05...
Bed Bath & Beyond Insiders Scooped Up Stock After an Awful Quarter
Text size Bed Bath and Beyond insiders snapped up shares of the home-goods retailer. Erin Cadigan/Dreamstime.com Everything but the kitchen sink has seemed to go wrong at Bed Bath & Beyond , but t...
Co-Founder To Mitigate Consumer Panic Amid Talks With Nexo
Recently, Vauld, a crypto-exchange, stopped all transactions- inflow, and outflow- claiming $198 million in client withdrawals. Now, users are impatiently waiting for Vauld to devise a plan to resolve...
USD/JPY prediction ahead of US consumer inflation data
The USD/JPY price jumped to a multi-decade high on Monday as the Japanese yen crash accelerated. The pair is trading at 136.83, which is about 8.8% above the lowest level in May this year. It has rise...
What bear market? Consumer confidence higher among crypto owners than normies
Consumer confidence is considerably higher among crypto owners than the average American adult, with crypto owners sitting 16.4 points higher on the consumer sentiment index. A Thursday report from r...
Kohl’s Stock Lands in the Damaged Bin
Text size A Kohl’s department store in Lexington, Ky. Luke Sharrett/Bloomberg Wall Street has lost faith in Kohl’s , given problems facing nearly all retailers and a potential deal that was scru...
Buffett Bought More of Occidental. Here’s What Happened With HP, Citi, Coke.
Text size Warren Buffett has losses as well as wins on his record of stock picking. AFP via Getty Images Billionaire investor Warren Buffett disclosed that he has increased his stake in Occidental Pet...
Toys Are Staples, Making Mattel a Buy in a Recession, Says Analyst
Shares of Mattel rose this past Monday, but fell for the week, after an upgrade from Goldman Sachs analyst Michael Ng, who argued that the toy maker had the ability to navigate economic uncertainties....