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…
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…
LOS ANGELES – A jury has found two corporate executives guilty of federal criminal charges related to the distribution and sale of defective residential dehumidifiers linked to multiple fires in…
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…
PITTSBURGH, PA – A resident of New Castle, Pennsylvania, has been indicted by a federal grand jury in Pittsburgh on a charge of violating federal consumer product tampering laws, United…
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…