David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs CEO David Solomon told CNBC Wednesday that his firm suff...
Tag: Consumer
Federal consumer protection watchdog stakes out crypto turf in SEC shadow
The U.S. Consumer Financial Protection Bureau, which is tasked with overseeing a hodgepodge of financial service providers including payment companies, appears to be taking a fresh look at crypto regu...
Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency Exchange – Exchanges Bitcoin News
The body ensuring that consumer rights are respected in Poland has initiated proceedings against a crypto exchange falsely claiming to be Polish. The trading platform also misled customers that it was...
Ant Group’s Alipay+ leads Chinese fintech giant’s overseas expansion as consumer spending in home market remains sluggish
When Singapore Deputy Prime Minister Lawrence Wong visited the city state’s fintech festival in November, he assuredly got with the programme and bought his coffee online from popular local chai...
For All His Criticisms of Disney, Peltz and Iger Probably Agree: Streaming Has to Be Fixed
“Great news: Nelson Peltz made a slide deck about me,” said no CEO ever. But maybe Walt Disney Bob Iger had mixed feelings about the 35-pager that dropped this past week. One one hand, it says that he...
Exxon Mobil Stock Should Shine, Even in a Recession
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 views or rec...
Rhône Valley Producers Respond To Consumer Demand For White Wines
Steep vineyards in Crozes-Hermitage in France’s Northern Rhone Valley where white wine grapes are … [+] grown in challenging conditions. Jill Barth The vineyards of the Rhône Valley repres...
Stocks Higher, JPMorgan, Tesla, Boeing, Delta – 5 Things To Know
Five things you need to know before the market opens on Friday January 13: 1. — Stock Futures Drift Higher, Yields Slide, With Earnings On Deck U.S. equity futures edged edged higher Friday, whi...
Why the stock market isn’t impressed with the first monthly decline in consumer prices in more than 2 years
Inflation data may no longer be the big catalyst for stocks that it once was. U.S. stocks bounced around to a higher close on Thursday, even though investors received some encouraging inflation news a...
Consumer prices fell 0.1% in December, in line with expectations from economists
Inflation closed out 2022 in a modest retreat, with consumer prices posting their biggest monthly decline since early in the pandemic, the Labor Department reported Thursday. The consumer price index,...
China Is Opening Fast. Don’t Miss the Rebound for Stocks.
Chinese authorities’ abrupt pivot away from zero-Covid policies has been matched by the quick shift in investor sentiment about Chinese stocks from the bearishness of the past year. As the world’s sec...
Consumer confidence in housing rises as prices fall
Mortgage rates are still twice what they were a year ago, but home prices have been falling since June, and that’s finally making consumers feel better about what had been an overheated, highly ...
Jim Cramer’s Investing Club meeting Monday: Consumer prices, tech
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Look for consumer price rep...
7 Consumer Loyalty Trends That Will Shape Retail In 2023
Customers shop during the opening of Savage X Fenty pop up at the Fashion Show Mall in Las Vegas, … [+] Nevada. (Photo by Denise Truscello/Getty Images for Savage X Fenty ) Getty Images for Sava...
China’s big consumer market isn’t rebounding to pre-pandemic levels just yet
Tourists visit ice sculptures in Harbin, Heilongjiang province on New Year’s Day 2023. China News Service | VCG | Getty Images BEIJING — It’s going to take time for Chinese consumers to re...
The Consumer Behaviors Of 2022 That Will Most Impact Retail In 2023
Will consumers look ahead to a brighter future in 2023? Bigstock® In 2022, consumers were beset by competing forces. High savings fed by government stimulus vs. high inflation that ate away at both wa...
Why the consumer is ‘critical’ for investors to watch in 2023 as bear market ‘not yet complete’
The fate of the U.S. consumer is weighing on the outlook for markets in 2023. “The issue is that consumers are actually spending at a pace that is faster than their income growth, and have been for t...
These 3 Sectors Have Had a Good Run. They Still Look Strong for 2023.
Yes, the stock market can always get worse—and that means three of this year’s best-performing sectors could continue to outperform in 2023. After a punishing 2022, Wall Street isn’t expecting the sit...
EV tax credit for consumer leases a ‘positive development for industry’
The Treasury Department and the IRS issued some new guidelines on the Inflation Reduction Act’s (IRA) EV tax credit, and for the time being it is bringing foreign automakers — and U.S. consumers — som...