Text size Howard Schultz has halted Starbucks’ buybacks of its stock. Getty Images Howard Schultz, now on his third stint as Starbucks ‘ top executive, just bought millions of dollars of the cof...
Tag: Consumer
‘U.S. consumer is alive and well’ — Affirm CEO says market turbulence has no impact on business
Affirm Holdings Chairman and CEO Max Levchin told CNBC that despite the market’s poor performance this year, U.S. consumers – and Affirm’s customers – are spending healthily. “The U....
J&J names Thibaut Mongon as CEO of spin-off consumer health company
Signage is displayed outside of Johnson & Johnson headquarters in New Brunswick, New Jersey, Aug. 1, 2020. Mark Kauzlarich | Bloomberg | Getty Images Johnson & Johnson on Wednesday announced t...
China’s consumer prices climb as Covid prompts food stockpiling
Fresh vegetable prices rose by 24% year-on-year in April as consumers stocked up to prepare for potential stay-home orders. Pictured here is a delivery driver for Alibaba’s Hema Fresh supermarke...
April’s consumer price index report expected to show inflation has already peaked
Shoppers inside a grocery store in San Francisco, California, U.S., on Monday, May 2, 2022. David Paul Morris | Bloomberg | Getty Images April’s consumer price index report is expected to show ...
South Korea’s New President Postpones Crypto Taxes to Promote Consumer Protection – crypto.news
The country’s new president is demonstrating his familiarity with cryptocurrency by announcing that no taxes will be levied on cryptocurrency investment profits until legislation can provide consumer ...
Consumer trust in crypto drops – but it doesn’t need their trust
A recent report on trends in crypto says that consumer trust in crypto has declined since the beginning of the year. How many of them would know that crypto is generally a ‘trustless’ technology? Morn...
South Korea’s new president delays crypto taxes in favor of consumer protections
South Korea’s newly-elected president Yoon Seok-yeol announced Tuesday he would push to defer taxation on crypto investment gains at least until a new set of regulations called the Digital Asset Basic...
Why Amazon Is Winning The Consumer Battle Over Walmart
Amazon is the most famous on-line shopping company in the world. getty It had to happen. Consumer spending at Amazon AMZN now exceeds that at Walmart WMT . In my conversation with Scott Murray, SVP of...
Amazon Stock Plunges On Surprise Q1 Loss, Weak Near-Term Outlook
Updated at 5:42 pm EST Amazon Inc (AMZN) – Get Amazon.com, Inc. Report posted a surprise first quarter loss Thursday, thanks in part to a $7.6 billion write down on its investment in EV maker R...
US Consumer Bureau Dusts off Old Rule to Address Crypto ‘Risk’
The Consumer Financial Protection Bureau (CFPB) of the U.S. is invoking a largely dormant legal provision to increase its power over crypto and fintech firms. The CFPB announced it would use the rule ...
Retail and consumer IPOs, M&A activity slowing amid inflation: KPMG
People shop at a grocery store in Monterey Park, California, on April 12, 2022. Frederic J. Brown | AFP | Getty Images Supply chain headaches, surging interest rates and the war in Ukraine have combi...
Goldman to test consumer checking account with its U.S. staff
Stephanie Cohen, currently Goldman Sachs’ global co-head of consumer and wealth management, speaking at the 2018 New York Times Dealbook conference in New York City. Michael Cohen | Getty Images...
Is the Stock Market Open Today? Here Are Hours for Easter Monday 2022.
Text size Dreamstime U.S. investors eager to trade after the holiday weekend will have plenty of news to digest, thanks to corporate earnings. More than 100 companies are slated to report this week—an...
Peloton Is Raising Its Subscription Price. What It Means for the Stock.
Text size Peloton XXX Ezra Shaw/Getty Images For years, Peloton Interactive executives characterized the company’s $39 a month subscription price point as “sacred,” “sacrosanct,” and “our golden goose...
Rite Aid Stock Is Soaring. The Outlook Impresses Investors.
Text size Rite Aid’s quarterly loss was bigger than expected. Mario Tama/Getty Images Rite Aid’s stock surged after the drugstore chain said it expects to lose less money in the current fiscal y...
PayPal Stock Is Falling. It’s Not Because Its CFO Is Leaving for Walmart.
Text size PayPal’s has a new interim CFO. Justin Sullivan/Getty Images Walmart said late Tuesday that it had named John Rainey as its chief financial officer. Rainey currently holds the same pos...
U.S. inflation hit 8.5%: what’s happening with consumer spending?
Invezz does not provide financial advice. Our aim is to simplify information about investing, enabling each user to make educated decisions with their money and to take control of their financial futu...
Loire Valley Producers Respond To Consumer Demand For Organic Wine
Domaine Chainier’s Clos de Nouys organic vineyard in the heart of Vouvray Michelle Williams It is a late October morning in Vouvray. The blanket of fog from the Loire River is receding, revealin...
Meet The Startup That Designed CT Scanners To Make Consumer Products Better
Lumafield’s CT scanner can see what’s inside your running shoe Courtesy of Lumafield Lumafield emerges from stealth with $32.5 million in funding and early customers that include L’Oreal, ...
GE Stock Is Overpriced, What Ails Teladoc, and More From Analysts
Text size These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the vi...