California’s consumer financial protection department has been working with cryptocurrency influencers to raise awareness of its mandate, as it fields mounting complaints related to cryptocurrencies. ...
Tag: Consumer
Inflation Rises Sharply in the US as Consumer Prices in March Spiked to 8.5% – Economics Bitcoin News
Inflation in the U.S. continues to remain red hot as consumer prices last month increased sharply to 8.5% in March compared to the same month last year. Metrics show the Bureau of Labor Statistics’ (B...
Consumer prices rose 8.5% in March, slightly hotter than expected and the highest since 1981
Prices that consumers pay on everyday items surged in March to their highest levels since the early days of the Reagan administration, according to Labor Department data released Tuesday. The consumer...
March consumer inflation expected to be the hottest since 1981
A customer selects food from a freezer at a supermarket on January 12, 2022 in New York City. Liao Pan | China News Service | Getty Images Consumer price inflation in March is expected to have spiked ...
Consumer fears over inflation hit a record high in March, New York Fed survey shows
A motorist pumps gas at a Valero station along Encinitas Blvd in Encinitas, CA on Tuesday, April 5, 2022. Sandy Huffaker | The Washington Post | Getty Images Worries are increasing over inflation, wit...
Costco Stock Is Challenging Amazon as the Most Richly Valued Retailer
Text size Costco Wholesale continues to grow its membership, to 61.7 million members in the latest fiscal year. Mario Tama/Getty Images Costco Wholesale is challenging Amazon . com as the most richly ...
Engaging A Booming LGBTQ+ Consumer Landscape
GAY TIMES GT133 TikTok collective reinterpret Calvin Klein’s #mycalvins campaign in their image. GAY TIMES / Calvin Klein / Morgan Hill-Murphy LGBTQ+ Pride month is a big deal for brands, possib...
Constellation Brands and Murphy Oil Raised Their Dividends This Week
Text size This week was a slow one for dividend increase announcements. Freeze Frames/Dreamstime.com Constellation Brands and Murphy Oil were among the small number of companies that declared dividend...
Buffett Gave HP Stock a Boost. Why It’s Still a Buy.
Text size Shares of HP jumped 15% this past week after Warren Buffett’s Berkshire Hathaway disclosed a large stake. Why the stock still looks cheap. Andrew Harrer/Bloomberg When Bill Hewlett and Dave ...
Why P&G Just Gained a New Fan
Text size P&G’s products were popular earlier in the Covid-19 pandemic. Joe Raedle/Getty Images Investors have been wary of consumer staples stocks lately, given worries about high inflation...
Online Sports Betting Is a Buzzy Industry, but Where’s the Money?
Text size Gamblers may have won big with the men’s March Madness championship game on Monday, but investing in online gambling platforms has been a losing hand as of late. Shares of DraftKings (ticker...
Big Oil execs on why they can’t make consumer costs go down
Oil executives told lawmakers on Wednesday they can’t take away the pain consumers are feeling at the pump. “We do not control the market price for crude oil or natural gas or refined products l...
U.S. economy will fall into a recession this summer, as inflation eats into consumer spending, former Fed official warns
Higher inflation will force consumers to limit their spending by so much that the economy will slump into a recession by the July-September quarter, former Federal Reserve Governor Lawrence Lindsey sa...
Stocks for the Recession That May—or May Not—Be Coming
Text size Exelon stock offers a little bit of offense to go with its defense. Dreamstime The yield curve briefly inverted this past week—and that’s a recession signal that is either like Paul Revere’s...
Walgreens Earnings Top Estimates but Its Outlook Crushes the Stock.
Text size Walgreens delivers a second-quarter earnings beat. (Photo by Justin Sullivan/Getty Images) Justin Sullivan/Getty Images Walgreens Boots Alliance tumbled Thursday after investors were disappo...
UnionBank Raising Up To $1.1 Billion To Fund Acquisition Of Citigroup’s Philippine Consumer Banking Unit
A pedestrian walks in front of Citibank’s office in the financial district of Makati suburban Manila … [+] on November 18, 2008. Asian shares fell November 18 on mounting fears of an exten...
Walmart Is Removing Cigarettes in Some Stores. Philip Morris and Altria Stock Fall.
Text size Bruce Bennett/Getty Images Shares of cigarette makers fell Monday as Walmart plans to end cigarette sales in some U.S. stores, The Wall Street Journal reported, citing people familiar with t...
This Big Warehouse Operator Took in Nearly $1 Billion in Membership Fees Last Quarter Alone
While one of the most recognizable wholesale warehouse operators recently reported a good second quarter, taking in nearly $1 billion in membership fees, that’s not what impresses Real Money Col...
Stock futures are flat ahead of consumer confidence data
Stock futures were flat in overnight trading ahead of Tuesday’s consumer confidence data and a big week for economic data. Futures on the Dow Jones Industrial Average dipped 20 points or 0.06%. ...
GameStop Stock Saw a Third Large Insider Buy
Text size A GameStop store Spencer Platt/Getty Images Maybe the new meme is open-market stock purchases by insiders. GameStop (ticker: GME) just saw its third insider stock purchase in as many days, a...
Signs Start to Emerge That High Energy Prices Are Sapping Demand
Text size Vehicles heading east out of Los Angeles. Vehicle miles traveled in California are starting to flatten out as gasoline prices remain high. Frederic J. Brown/AFP via Getty Images Oil prices h...
GameStop Stock Saw Two Big Insider Purchases
Text size GameStop stock has slipped in recent months. Chairman Ryan Cohen and director Larry Cheng made big share purchases last week. Justin Sullivan/Getty Images GameStop stock had two material ins...
WD-40 Stock Soars After Earnings. Analyst Expects Better Times.
Text size The price of crude oil is a key point to watch for WD-40 stock. Dreamstime The maintenance and cleaning products company WD-40 is likely finished with cutting its financial forecasts, and be...