A federal U.S. government organization said crypto markets pose a threat to broader financial stability if they continue growing without more thoughtful oversight and enforcement. The Financial Stabil...
Tag: Consumer
Ocean shipping orders are signaling a big drop in consumer demand
For the marine shipping industry to cut its carbon footprint in half by 2050, promising technology will need to become reality, and efficiency gains will need to increase as well. Lucy Nicholson | Reu...
What Nike’s earnings report tells us about 3 consumer stocks in our portfolio
A warning from Nike (NKE) in its first-quarter earnings report has given us some serious insights into a handful of consumer stocks in the portfolio. We call them “readthroughs”: valuable ...
BTC, ETH Continue to Consolidate Ahead of US Consumer Sentiment Data – Market Updates Bitcoin News
Bitcoin continued to trade below $20,000 on Friday, as market sentiment remained mostly unchanged heading into the weekend. The world’s largest cryptocurrency attempted to climb towards this milestone...
Altria to Invest in Rival Vaping Products. Ends Noncompete Agreement With Juul.
Altria on Friday said it’s looking to end its noncompete agreement with Juul, the e-cigarette maker in which it owns a stake. This will give the maker of Marlboro cigarettes a chance to start up its o...
CarMax’s Big Profit Miss Sends Warning Signal on US Consumer
(Bloomberg) — Already shaky market sentiment took a gut punch on Thursday, after used-car dealer CarMax Inc.’s latest quarterly results laid bare the plight of US consumers stuck between high in...
This ‘Cheap’ Car Brand Just Got Real Expensive
There are some brands of cars that naturally command a higher sticker price on the showroom floor: think BMW (BMWYY) , Mercedes Benz (DDAIF) , Volkswagen (VLKAF) -owned Audi (AUDVF) and its soon-...
Why Is Consumer Confidence Ticking Up Again—And What Does It Mean For The Markets?
Getty Images Key takeaways The Conference Board’s Consumer Confidence Survey results show consumer confidence rising from 103.6 in August to 108.0 in September Consumers are also overall more positive...
These Are the 7 Worst Housing Markets, According to Lennar
Higher mortgage rates have cut into home sales at a national level—but, as the saying goes, all real estate is local. Lennar , the nation’s second-largest builder by market capitalization, on Thursda...
Costco Earning Beat Forecasts, Membership Fees Top $1.3 Billion
Updated at 5:30 pm EST Costco Wholesale (COST) posted better-than-expected fourth quarter earnings Thursday, with membership revenues topping $1.327 billion as new value-focused customers piled in t...
UK Financial Regulator Issues Consumer Warning Against FTX
The UK’s Financial Conduct Authority (FCA) has issued a consumer warning against cryptocurrency exchange FTX for operating within the jurisdiction of the United Kingdom without authorization. In a st...
Intuit CEO sees healthy consumer spending, but inflation is key worry
Intuit sees strong consumer spending despite persistent inflation dogging the economy, company CEO Sasan Goodarzi told CNBC’s Jim Cramer on Monday. Goodarzi noted that the financial software fir...
UK August inflation statistics: consumer price index rose 9.9% as gas prices dropped
For the first time in over a year, the UK consumer price index dropped in August as gas prices declined, giving an unexpected respite to the Bank of England and consumers. However, with the cost of li...
U.S. Stocks Poised for Mixed Open on Monday
Stocks were poised for a mixed open in New York on Monday ahead of the Federal Reserve’s monetary policy meeting. (Photo by ANGELA WEISS/AFP via Getty Images) AFP via Getty Images Text size U.S....
Goldman Sachs Faces Fed Scrutiny of Money-Losing Marcus Consumer Unit
(Bloomberg) — Goldman Sachs Group Inc.’s six-year foray into consumer banking — the unit dubbed Marcus — is the focus of a new review at the Federal Reserve. Most Read from Bloomberg...
The U.S. Consumer Is Running on Fumes, Say These Strategists
Text size This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. The Poor(er) U.S. Consumers The Week in 60 Seconds...
Biden Administration Crypto Framework Underscores Consumer Protection
The Biden administration has just issued a framework for the development of digital assets, after receiving recommendations requested in the March 9 executive order. According to a statement from the ...
Markets Are Spooked by Inflation. Cathie Wood and Elon Musk See a Bigger Issue
It’s no secret that investors are worried about runaway prices for goods and services, with the stock market on track to post its worst weekly run since mid-June and also nearing its worst performance...
Treasury bond yields drop: what it means ahead of consumer prices data
Bond yields dropped on Monday as markets await critical consumer prices data that could determine the rate at which the Federal Reserve will raise interest rates when it meets. The Fed will release co...
Taiwan Semiconductor Is a Top Pick in a Weak Chip Market, Says Analyst
Text size The Taiwan Semiconductor Manufacturing building in Taichung, Taiwan. I-Hwa Cheng/Bloomberg Bernstein believes investors should look through any immediate hiccups and focus on Taiwan Semicond...
Stocks Poised to Open Higher on Monday
Stocks are poised to open higher in New York on Monday. Angela Weiss/AFP/Getty Images Text size U.S. stocks are poised to open higher on Monday as investors await the August reading on inflation. On S...
Crude Oil Prices Tick Higher After Putin Threatens to Let Europe ‘Freeze’
Text size Russian President Vladimir Putin Mikhail Klimentyev/SPUTNIK/AFP via Getty Images Oil prices inched up on Thursday after Russian President Vladimir Putin hinted that he might tear up supply c...
Wall Street Waited Too Long to Abandon FedEx Stock. It’s Too Early to Buy.
Text size FedEx will be closing FedEx Office locations to save money. Mario Tama/Getty Images Wall Street is piling on as FedEx stock plunges. Contrarian investors might want to snap up shares on the ...