New Jersey Beach Badge Fees Under the Microscope in New Consumer Rights Bill
TRENTON, N.J. — Municipalities that charge for access to public beaches would be required to disclose detailed financial information under a new bill introduced in the New Jersey Legislature. The proposed legislation…
Consumer Alert: ATM Skimming devices found at Wawa locations in Delaware
LEWES, Del. — Delaware State Police are investigating multiple incidents of skimming devices found at Wawa locations in Sussex County. The devices, which were attached to self-checkout kiosks, may have compromised customers’…
Pennsylvania Attorney General Settles With Split Rock Resort Over Consumer Rights Violations
BLAKESLEE, PA – Attorney General Michelle Henry has announced a significant settlement in a lawsuit against the owners of Split Rock Resort, addressing alleged consumer mistreatment related to timeshare purchases. The lawsuit,…
Walgreens to Close Up to 25% of Its U.S. Stores Amid Shifts in Consumer Behavior
TOMS RIVER, NJ – Walgreens is set to close up to a quarter of its 8,600 stores across the United States, impacting roughly 2,150 locations. The decision was announced by CEO Tim…
US consumer sentiment tops estimates in March to hit nearly 3-yr high, UMich says
(Reuters) – U.S. consumer sentiment rose unexpectedly in March to the highest in nearly three years thanks in part to growing confidence that inflation will keep softening. The University of Michigan’s benchmark…
US consumer confidence steady in March; inflation expectations creep up
WASHINGTON (Reuters) – U.S. consumer confidence was little changed in March as fading fears of a recession took a backseat to growing concerns about the nation’s political environment ahead of November’s presidential…
Consumer Alert: Fake Benjamins Being Passed in Ocean County, Officials Warn
Barnegat, NJ – The Barnegat Police Department has issued a cautionary notice to the public about the circulation of counterfeit currency known as “Movie Money.” This fake currency, designed for film use,…
US consumer confidence rise to two-year high in January
WASHINGTON (Reuters) – U.S. consumer confidence increased to a two-year high in January amid slowing inflation and expectations that the Federal Reserve would start cutting interest rates soon. The Conference Board said…
Consumer goods giants could see margin recovery halt as price hike benefits abate
By Ananya Mariam Rajesh (Reuters) – A strong margin recovery for consumer goods giants could face a setback as easing input costs after several quarters of biting inflation are offset by cautious…
Lower inflation lifts UK consumer sentiment to two-year high – GfK
By Suban Abdulla LONDON (Reuters) – British consumers are their most confident since January 2022 as lower inflation helped them to feel better about their finances, a survey showed on Friday, welcome…
Goldman strategists see value in small caps, consumer staples shares
By Lewis Krauskopf NEW YORK (Reuters) – Small-cap stocks and shares of consumer staples companies may be pockets of value in an increasingly expensive U.S. stock market, Goldman Sachs strategists said on…
Microsoft offers $20 consumer AI subscription to boost business
By Jeffrey Dastin DAVOS, Switzerland (Reuters) – Microsoft on Monday said consumers and small businesses can buy subscriptions to access more capabilities in its artificial intelligence “Copilot,” as it moves to grow…
Thai Dec consumer confidence at high of nearly 4 years on govt measures, tourism
BANGKOK (Reuters) – Thai consumer confidence rose in December, reaching the highest level in 46 months, boosted by government measures to ease living costs and increased tourism, a survey showed on Thursday.…
Consumer group sues Starbucks over ‘ethical’ sourcing claims
By Brendan Pierson (Reuters) – A U.S. consumer group sued Starbucks on Wednesday, accusing the Seattle-based coffee chain of falsely advertising its tea and coffee as “ethically” sourced while obtaining it from…
OpenAI launches GPT Store to capitalize on ChatGPT’s consumer success
By Anna Tong SAN FRANCISCO (Reuters) – Artificial intelligence lab OpenAI has launched its GPT Store, a marketplace for personalized artificial intelligence (AI) applications, the company said in a blog post on…
Sidney Wolfe, longtime US consumer health watchdog, dead at 86
(Reuters) -Sidney Wolfe, a doctor who for decades campaigned for reform across the U.S. health system, including for more affordable care and stricter oversight of drug safety and medical devices, died Monday…
German consumer sentiment to rise with start of new year -GfK
BERLIN (Reuters) – German consumer sentiment is set to improve with the start of the new year, though whether the rise marks the beginning of a sustained recovery from a very low…
Record Southwest penalty not enough to protect passenger interests -consumer groups
By Allison Lampert and Rajesh Kumar Singh (Reuters) – A $140 million U.S. penalty slapped on Southwest Airlines on Monday for a holiday meltdown last year has sent a “warning shot” to…
China banks step up sales of bad loans as consumer defaults rise
SHANGHAI/SINGAPORE (Reuters) – Chinese banks are putting bad loans up for sale at a record pace, as regulators push for faster disposal of sour debts amid rising consumer defaults during an ailing…
Tesla to lose $7,500 consumer tax credits for some Model 3 vehicles
(Reuters) – Tesla’s Model 3 Rear-Wheel Drive and Long Range vehicles will lose an up to $7,500 federal tax credit from Dec. 31 based on new guidance under the U.S. Inflation Reduction…
Australian Dec consumer sentiment bounces, set for second worst year on record
SYDNEY (Reuters) – Australian consumer sentiment edged up in December, although it ended its second worst year on record amid a surge in the cost of living and sharply higher interest rates,…
Amazon asks judge to dismiss FTC lawsuit, says no consumer harm shown
WASHINGTON (Reuters) – Amazon.com asked a federal court on Friday to dismiss a U.S. government antitrust lawsuit which accuses the company of using illegal strategies to boost profits at its online retail…
Laredo CBP, HSI officials advise Christmas gift shoppers to avoid counterfeit, dubious origin goods that pose consumer safety, U.S. economic security risks
LAREDO, Texas – U.S. Customs and Border Protection and Homeland Security Investigations officials gathered at Laredo’s World Trade Bridge for an illustrative event to advise the public through local media this holiday…
EVs struggle with reliability due to charging, battery issues – Consumer Reports survey
By Nathan Gomes (Reuters) – Electric vehicles continue to grapple with poor reliability due to charging and battery issues, a survey by an influential U.S. non-profit organization showed on Wednesday, even as…
UK consumer confidence jumps despite lingering inflation pain
By Suban Abdulla LONDON (Reuters) – British consumers have turned more optimistic about the outlook for the economy and their personal finances this month but their mood remains a long way off…
Hedge funds ghost tech stocks and sell consumer staples – Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds ditched technology stocks by selling long positions and exiting short bets at the fastest weekly pace in seven months, Goldman Sachs said on…
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