The United Kingdom, neglected for years by investors, is set to have the worst economic performance among major economies. But its outlier status may create opportunities, especially if things don’t t...
Tag: Consumer
Al Gore’s Firm Sells Alibaba Stock, TSMC, and Shopify. It Bought TI.
Generation Investment Management, chaired by former Vice President Al Gore, recently made big changes in its portfolio, reshuffling its holdings in the semiconductor business as its money managers cit...
Redfin Is Upbeat About This Year. So Is Wall Street.
Text size Redfin reported a smaller earnings loss than expected for the fourth quarter and full year. Elijah Nouvelage/Bloomberg Redfin has reported a smaller-than-feared earnings loss. Analysts respo...
Circle recommends Central Bank of Ireland adopt public blockchains for consumer protection
Ad Quick Take Circle submits a response to the Central Bank of Ireland highlighting the benefits of blockchain-based financial services for consumers. Circle offers recommendations on how financial su...
Russia to Launch CBDC First Consumer Pilot of CBDC on April 1
10 hours ago | 2 mins read Altcoin News The planned CBDC pilot will include actual businesses and real consumers. The participating financial institutions have technically validated their preparedness...
California DFPI Launched Crypto Fraud Tracker for Consumer Safety
Recently, California DFPI launched a new crypto fraud tracker for Californians. The tracker will work for enhancing the fund security of consumers. The growing crypto frauds in the country made the Ca...
DraftKings Reports Earnings Thursday. Analysts Are Worried About 2023.
DraftKings reported stronger than expected revenue and raised its outlook for 2023. Its business is getting a boost as more states legalize sports gambling. The gambling firm reported fourth quarter r...
Consumer debt hits record $16.9 trillion as delinquencies rise as well
A bank employee counts U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. Athit Perawongmetha | Reuters Consumer debt hit a fresh record at the end of 2022 while delinquency ...
Tesla, Toyota lead Consumer Reports top auto picks
A Toyota RAV4 Prime electric car is recharged October 3, 2022 at a charging station at the town hall in Charlotte, Vermont. Robert Nickelsberg | Getty Images After years of being touted as a smarter o...
Bakkt Backs Out of Consumer Business to Focus on B2B Offering
Digital assets platform Bakkt today announced it will sunset its consumer app to focus on direct interaction with businesses, providing them “with crypto and loyalty experiences for their customers th...
Bakkt Announces Discontinuation of Consumer App as of March 16
13 seconds ago | 2 mins read Exchange News In March 2021, Bakkt launched as a Bitcoin-only product; Ethereum support was added later. On March 16th, there will be a final shutdown of the app. Bakkt, a...
January’s consumer price index might surprise markets
Michael H | Digitalvision | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they n...
Consumer price index January 2023:
Inflation turned higher to start 2023, as rising gas and fuel prices took their toll on consumers, the Labor Department reported Tuesday. The consumer price index, which measures a broad basket of com...
BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert – Bitcoin News
Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens in circulation. In the past eight hours, nearly $290 million has been r...
Bakkt Shifts Focus to B2B Technology Solutions, Plans to Discontinue Consumer App – Bitcoin News
Bakkt Holdings Inc. announced Monday that it will solely focus on business-to-business technology solutions and discontinue its consumer application. The company stated that the app will officially be...
Bakkt to Enhance Focus on Scalable Business-to-Business-to-Consumer Solutions and Sunset Consumer App
App users to retain access to their crypto and cash via a new web experience ALPHARETTA, Ga.–(BUSINESS WIRE)–Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it is furthering its focus on provid...
Consumer Forecast 2023-2024: Growth Now, Recession Later
Income rose more than spending due to pandemic stimulus. Dr. Bill Conerly based on data from U.S. Bureau of Economic Analysis The past gap between consumer income and spending—savings—presents the mos...
Bakkt exits consumer business to focus on B2B as regulators crack down
Bakkt is nixing its consumer app to focus on its business-to-business technology solutions. Bakkt, which offers a platform for commerce to link to cryptocurrency, said it will continue its core ...
Consumer Federation of California reattempts to regulate crypto companies
The Consumer Federation of California (CFC), a nonprofit advocacy organization working for consumer rights, sponsored a bill that seeks to license and regulate the activities of cryptocurrency exchang...
Who Will Win the Super Bowl This Year? Sports Betting Apps Might Be the Champs.
The first U.S. sports-betting operations are moving toward profitability after a period out of favor with investors. Feb. 11, 2023 12:01 am ET Fans will flood into Phoenix on Sunday to watch Super Bow...
US Consumer Prices May Show Fed Has More Work to Do
(Bloomberg) — Prices of US goods and services probably climbed last month at a pace that remains discomforting for consumers as well as for Federal Reserve policy makers seeking greater progress...
PepsiCo Beats Earnings Estimates and Hikes Dividend. The Stock Is Rising.
PepsiCo beat earnings and revenue estimates in the fourth quarter, driven by higher prices. It increased its annual dividend, sending the stock higher in premarket trading Thursday. The beverages and ...
Yum China Provides A Look At China’s Consumer, Tik Tok Flip Flops On Food Delivery Launch
China Last Night KraneShares Key News Asian equities were largely higher overnight as Taiwan and South Korea outperformed while China, Hong Kong, Japan, Malaysia, and Thailand posted declines. Unfortu...
Bed Bath and Beyond Got Millions From an Investor. What’s In It for Them.
Bed Bath & Beyond ‘s move to raise equity has depressed its stock and lifted its bonds as investors try to understand the terms of a dilutive and very complex offering. The troubled retailer, whi...
What To Look For In February’s Upcoming Consumer Price Inflation Numbers
Jerome Powell, chairman of the US Federal Reserve, speaks during a news conference following a … [+] Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Feb. 1, 202...
Richer Than Elon Musk, He Bought Tiffany at a Tough Time. He’s Got a Gem Now.
There’s a reason Bernard Arnault is the world’s richest person. The chairman, CEO, and controlling shareholder of LVMH Moët Hennessy Louis Vuitton the world’s largest luxury-goods merchant, knows how ...