Americans’ financial health slid by some measures in 2022 amid rising consumer prices, the end of pandemic-era government benefits, and even a return to riskier alternative financial services like tit...
Tag: consumers
Consumers Have Cash and Confidence
Merry Christmas, Retailers and Brands: Consumers Have Cash and Confidence getty Latest stats on the consumer economy betray a year of hair-on-fire headlines about inflation and recession There ought t...
More Consumers Turn To Buy Now, Pay Later; Signs The Economy Will Struggle
Out of Cash, Many Americans Add to Their Credit Card Debt During the Holidays Once flush with additional savings from the pandemic, many consumers have exhausted that excess cash due to ongoing inflat...
Consumers are crypto-curious — One in five own digital currency: Accenture
Over the last year, the crypto space has endured lasting market volatility and scandals, which have negatively affected consumer trust in the industry. However, an end-of-the-year report from Accentur...
Sales fall 0.6% as consumers feel pressure from inflation
A woman carries bags of merchandise from J.Crew, Nordstrom, UGG, and Victorias Secret at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Cons...
Ripple’s General Counsel Says SEC Is Focused on Recovering FTX Funds For Large Investors, Not “Consumers”
– Advertisement – Alderoty faults SEC’s recently-filed charges against SBF. Ripple’s general counsel Stuart Alderoty has commented on the recent charges filed by the Securities and Exchang...
Consumers see inflation easing considerably in the next year, New York Fed survey shows
Shoppers carry bags of purchased merchandise at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Consumers grew more optimistic about inflatio...
British American Tobacco Provides Trade Update; Says US Consumers Wary Of Inflation
British American Tobacco PLC (NYSE: BTI) has provided a trading update and confidence in delivering its 2022 guidance. The company expects FY22 revenue growth of 2% – 4% at constant currency rat...
Costco earnings arrive as consumers slow down slightly
Investors are closely watching Yahoo Finance Company of the Year Costco as it is set to report its fiscal first-quarter earnings Thursday after the market close. Costco is coming off cooling sales in ...
Consumers remain the Fed’s biggest problem: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, December 7, 2022 Today’s newslett...
US Consumers Believe Bitcoin (BTC) Will Drop to New Bear Market Lows in Aftermath of FTX Collapse: New Survey
A new survey says US consumers believe the high-profile implosion of FTX will drive Bitcoin (BTC) prices to new lows amid the enduring bear market. Business intelligence firm Morning Consult conducted...
Did New York’s Gas Tax Holiday Save Consumers Money?
NEW YORK, NEW YORK – JUNE 01: A man fills his car up with gas at a Brooklyn station on June 01, 2022 … [+] in New York City. Effective starting today, New York is suspending its gas tax fo...
Heartland Consumers, Predictably, Have Been Last To Embrace EVs
An all-electric vehicle, plugged in for charging. Getty Images It’s axiomatic that America’s heartland is a cultural runner-up to the early adopters on the coasts, and that extends significantly to th...
Consumer Confidence Slips Into The Holiday Season
Getty Images Key takeaways Consumer confidence fell for the second consecutive month in November as high inflation dogs consumers entering the holiday season Though holiday spending is off to a strong...
How The Skincare Industry Is Turning to Gene Editing in a Race Against Time
Nature-sourced ingredients in cosmetics could be replaced with sustainable products made with … [+] synthetic biology. Stable Diffusion generative algorithm. Your skincare routine might need an ...
Amid persistent inflation, cash-strapped consumers are tipping less
The Sweetly Bakery & Cafe in Battleground, Washington Source: Irina Sirotkina It’s the holiday season, yet Americans are feeling a little less generous. With inflation near record highs, cas...
Kenyan law taxes crypto protects consumers
The Capital Markets Law of Kenya was subject to a potential modification that was suggested on November 21. If this amendment were to become law, private individuals who own cryptocurrencies or partic...
Amazon Founder Jeff Bezos Advises What Consumers and Businesses Should Do as Recession Looms – Coinotizia
Amazon founder and former chief executive Jeff Bezos has given some advice to consumers and small businesses about what they should do given that the U.S. economy is either already in a recession or i...
Amazon Founder Jeff Bezos Advises What Consumers and Businesses Should Do as Recession Looms – Economics Bitcoin News
Amazon founder and former chief executive Jeff Bezos has given some advice to consumers and small businesses about what they should do given that the U.S. economy is either already in a recession or i...
Black Friday can offer investors clues about how much gas consumers have left in the tank: Here’s what to watch out for
Black Friday is arriving at an interesting time for the American consumer. Shoppers have seemingly persevered this year despite an all-out assault on their pocketbooks and net worth — from falling equ...
Retail Discounter TJX Is Thriving as Inflation Pressures Consumers
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...
Inflation Eases, Consumers Spend, Jobs Multiply
Retail’s Christmas Miracle: Inflation Eases, Consumers Spend, Jobs Multiply getty Keep the champagne on ice for now, but the people have spoken, and the message seems clear — we’ve gotten used to expe...
‘our value proposition is resonating with consumers’
Shares of Walmart Inc (NYSE: WMT) are up roughy 7.0% on Tuesday after the retail behemoth reported better-than-expected results for its fiscal third quarter and raised its future guidance. Highlights ...
High-Income Consumers Plan Fewer Gifts And More Travel, Cutting Into Retail Holiday 2022 Sales
An open empty gift box and female hands on the wooden table background. No gift concept. getty Throughout the critical holiday season of November and December, the National Retail Federation predicts ...
Oil And Gas Profits Very High Once Again – What This Feels Like To Energy Consumers.
Oil wells in North Dakota. Gamma-Rapho via Getty Images Third quarter (Q3) profits have been released and, for oil and gas companies, the numbers are stunning. In Q2, bp made $8.45 billion dollars and...
Trade Reports Find Tariffs Hurt Consumers, Particularly Women
Customers browse clothing items at Lola’s Lookbook, a women’s apparel boutique, in Massapequa, New … [+] York on Long Island on May 7, 2021. (Photo by Alejandra Villa Loraca/Newsday ...