CONSUMER

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, …

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 …

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 …

PHILADELPHIA, PA – Attorney General Michelle Henry has filed a lawsuit against Delaware County’s Real McKoy Auto Sales, LLC, and its owner, Ervin McKoy. The lawsuit alleges the used vehicle …

By Deborah Mary Sophia (Reuters) – Wall Street is bracing for another quarter of weak sales from U.S. home improvement chains Home Depot and Lowe’s as demand remained under pressure …

TALLAHASSEE, FL – Florida’s Attorney General Ashley Moody has initiated legal proceedings against Tampa-based MC Solar and Roofing, along with its owners Armando Almirall, Raman Chopra, and Michael Crowder, for …

NEWARK, NJ – On Thursday, November 3, Newark Police were alerted to credit card skimmers at a local BP gas station. Station management found the devices during a routine inspection …

By Sophie Yu and Casey Hall BEIJING (Reuters) – A ferocious price war among China’s e-commerce retailers during the “Singles Day” shopping event is exposing further weakness in household consumption …

Biden’s EV Dreams May Be Screeching To A Halt As Consumer Enthusiasm Wanes Nick Pope on November 8, 2023 Consumer demand for electric vehicles (EVs) has been cooler than anticipated …

By Krystal Hu and Anna Tong SAN FRANCISCO (Reuters) -OpenAI unveiled a marketplace on Monday that enables users to access personalized artificial intelligence “apps” for tasks like teaching math or …

COPENHAGEN (Reuters) -Danish brewer Carlsberg on Tuesday reported third-quarter sales broadly in line with expectations but warned that weak consumer sentiment in Europe and Southeast Asia could impact beer markets …

By Ananya Mariam Rajesh and Aishwarya Venugopal (Reuters) – In a strong quarter for earnings, the big consumer stocks have shone even brighter, thanks to results from McDonald’s, Chipotle Mexican …

(Reuters) – Warner Bros Discovery said on Wednesday the head of its consumer products division, Pam Lifford, was leaving and her role would be divided among senior leaders. Robert Oberschelp, …

By Lananh Nguyen and Lawrence White NEW YORK (Reuters) -Barclays Plc is laying off dozens of staff in its U.S. consumer banking division as part of a global drive to …

By Tom Sims FRANKFURT (Reuters) – Customers of two Deutsche Bank units have lodged a surge in complaints with Germany’s consumer protection agency, the advocacy group said on Monday, as …

WASHINGTON (Reuters) – U.S. consumer sentiment fell sharply in October as households anticipated higher inflation over the next year, a survey showed on Friday. The University of Michigan’s preliminary reading …

BEIJING (Reuters) – China’s consumer prices faltered and factory-gate prices shrank slightly faster than expected in September, with both indicators showing persistent deflationary pressures in the world’s second-largest economy. The …

NEW YORK (Reuters) – U.S. consumer prices increased in September amid higher costs for rent and gasoline, but underlying inflation is slowing, supporting financial market expectations that the Federal Reserve …

By Gabriel Burin (Reuters) – Brazil’s consumer prices likely rose faster in September, led by hikes in gasoline costs that should have brought annual inflation to the highest rate in …

JAKARTA (Reuters) -Indonesia plans to tighten customs monitoring for some imported goods, including cosmetics, shoes, clothes, toys and electronics, the president’s office said on Friday, the country’s latest measure to …

(Reuters) – Shares of Discover Financial Services climbed 7% on Monday after the bank agreed to improve its consumer compliance and related corporate governance as part of a consent order …

NEW YORK (Reuters) – U.S. consumer spending increased in August, but underlying inflation moderated, with the year-on-year rise in prices excluding food and energy slowing to below 4.0%. With gasoline …

BERLIN (Reuters) – Sentiment among German consumers is set to fall in October, as persistently high inflation encourages people to save and blots out the chances of a recovery before …