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…
Wells Fargo appoints Kleber Santos chief of consumer lending
(Reuters) – Wells Fargo said on Monday that Kleber Santos will take over as the chief of consumer lending effective immediately. Santos served as head of Diverse Segments, Representation and Inclusion (DSRI)…
U.S. consumer credit growth slows considerably in May
WASHINGTON – U.S. consumer credit rose at its slowest pace in four months in May as Americans pulled back on credit card usage, a trend that if sustained, could hamper consumer spending…
Consumer belt tightening hobbles demand for solder metal tin
By Pratima Desai LONDON – Recession worries and consumer belt tightening have hit demand for electronic goods, which is feeding through to weaker consumption of soldering metal tin, but output cuts mean…
Consumer Expectations For The Economy Hit Lowest Point In A Decade
Consumer Expectations For The Economy Hit Lowest Point In A Decade Max Keating on June 29, 2022 American consumers’ expectations for the future of the economy have hit their lowest point in…
US Chamber Of Commerce Targets Biden’s Consumer Financial Protection Bureau Director In Ad Campaign
US Chamber Of Commerce Targets Biden’s Consumer Financial Protection Bureau Director In Ad Campaign Gabe Kaminsky on June 29, 2022 The U.S. Chamber of Commerce is targeting the director of a federal…
UK consumer activity slowed in mid-June – ONS
LONDON – British consumer activity slowed in mid-June, with fewer visits to restaurants, less usage of public transport and a slight fall in credit and debit card spending, data collated by the…
Russian consumer prices unchanged after three weeks of decline
MOSCOW – Russia’s consumer price index was flat in the week to June 24, having declined for three weeks in a row after a massive spike in March, providing the central bank…
S.Korean consumer sentiment dips in June – survey
SEOUL – South Korean consumers turned pessimistic about overall economic conditions in June for the first time in more than a year, while their inflation expectations hit a decade high, a central…
Australian Tech Entrepreneur Sentenced To More Than 8 Years For Multimillion Dollar Consumer Fraud Scheme
Damian Williams, the United States Attorney for the Southern District of New York, announced today that EUGENI TSVETNENKO, a/k/a “Zhenya,” a dual citizen of Australia and Russia, was sentenced to 98 months…
U.S. consumer confidence index tumbles in June
WASHINGTON – U.S. consumer confidence fell sharply in June as worries about high inflation left consumers anticipating economic growth would weaken significantly in the second half of the year. The Conference Board…
Goldman Sachs expects over $1.2 billion losses from consumer unit this year – Bloomberg News
(Reuters) – Goldman Sachs Group Inc’s internal projections show the bank’s consumer unit will record losses of more than $1.2 billion this year, Bloomberg News reported on Tuesday, citing people with knowledge…
German consumer sentiment plunges to new record low – GfK
BERLIN – German consumer sentiment is projected to fall to another record low in July, as the Ukraine war and interrupted supply chains push up energy and food prices even further, a…
UK consumer spending softens, job ads fall in past week
LONDON – British consumers’ spending on credit and debit cards fell slightly over the past week and the number of job adverts declined, while restaurant bookings rose sharply, weekly data collated by…
Irish consumer confidence ticks up after four months of falls
DUBLIN – Irish consumer sentiment improved slightly in June after a rare four months of declines, a survey showed on Thursday, but the authors said it was unclear if the increase was…
Russian consumer prices decline for third week running
MOSCOW – Russia’s consumer price index (CPI) fell 0.12% in the week to June 17, down for a third week in a row after a massive spike in March, providing the central…
Sri Lanka May consumer prices soar 45.3% y/y, highest since 2015
By Uditha Jayasinghe COLOMBO -Sri Lanka’s headline inflation accelerated in May to the highest since 2015 due to rising food and transport costs, as the island nation grappled with its worst economic…
Japan May consumer inflation seen likely staying above central bank’s target: Reuters poll
TOKYO – Japan’s core consumer price index for May is expected to climb 2.1% from a year earlier, its second straight month of gains above the central bank’s 2% inflation target, a…
Thai consumer mood at 9-min low in May on living costs, Ukraine war
BANGKOK – Thai consumer confidence dropped for a fifth straight month in May, hitting a ninth-month low, due to worries over higher living costs and the impacts of Russia’s invasion of Ukraine,…
WhatsApp has until July to comply with EU consumer law, EU says
By Foo Yun Chee BRUSSELS – Meta’s WhatsApp has until July to show that a privacy policy update introduced in January complies with EU consumer law, the European Commission said on Wednesday,…
Japan May consumer confidence improves for 2nd month
TOKYO – Japan’s consumer confidence index rose in May for a second straight month, the government said on Tuesday, as households enjoyed the first restriction-free spring holiday season since before the COVID-19…
Smart Energy Consumer Collaborative Recognizes Six Utilities for Customer-Centric Achievements
The Best Practices Awards spotlight how consumers and small businesses are benefitting from energy innovation DALLAS, May 25, 2022 — Today, the Smart Energy Consumer Collaborative (SECC) announced the recipients of the…
Italy business and consumer morale rise in May but manufacturing still downbeat
ROME, May 26 – Morale amongst Italian businesses and consumers rose in May, data showed on Thursday, with service industries regaining confidence despite the ongoing war in Ukraine while manufacturers remained downbeat.…
German consumer morale inches up after falling to record low -GfK
BERLIN – German consumer morale is projected to inch up in June after falling to a record low in May, but high inflation and the war in Ukraine continue to weigh on…
JPMorgan’s UK consumer bank tops half a million customers
LONDON -JPMorgan’s consumer bank Chase in Britain has attracted more than half a million customers since launching eight months ago, in the most detailed snapshot given by the Wall Street giant to…
Hungarian consumer confidence falls in May amid surging inflation
BUDAPEST – Hungarian consumer and business confidence worsened in May after an improvement in April, a survey by think tank GKI showed on Monday, as households turned gloomier about their financial prospects…
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