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…
Two New Jersey Car Dealers Hit by State Over Consumer Protections Violations
NEWARK (PRESS RELEASE by NJ OAG) – As supply chain issues continue to affect prices for new and used vehicles, Acting Attorney Matthew J. Platkin and the Division of Consumer Affairs today…
Euro zone consumer confidence rises to -21.1 in May
(Reuters) – Euro zone consumer confidence rose by 0.9 points in May from the April number, figures released on Friday showed. The European Commission said a flash estimate showed euro zone consumer…
Annual Drizly Consumer Trend Report Finds Americans Thirstier for Tequila, Cocktails in Cans and Non-Alcoholic Drinks
Fourth annual Drizly Consumer Trend Report paints picture of emerging Gen Z imbibers – interested in red wine, willing to pay for premium; “just because” alcohol gifting on a potential upswing; home…
Owner Of Consumer Products Testing Company Sentenced To 60 Months In Prison For Fraud Scheme Involving Fabricated Test Results
Damian Williams, the United States Attorney for the Southern District of New York, Catherine Hermsen, Assistant Commissioner, United States Food and Drug Administration Office of Criminal Investigations (“FDA-OIC”), Michael J. Driscoll, Assistant…
Consumer stocks diverge as Walmart disappoints, citing inflation
By Sinéad Carew (Reuters) – Shares in consumer discretionary and staples stocks were trading in opposite directions on Tuesday as encouraging retail sales data was countered by disappointing earnings and financial targets…
Japan April consumer inflation seen exceeding central bank’s 2% goal: Reuters poll
By Leika Kihara TOKYO – Japan’s core consumer inflation in April is expected be slightly higher than the central bank’s 2% target, hitting a seven-year peak as sharp climbs in fuel and…
Ghana’s consumer inflation spikes to ‘shocking’ 23.6% in April
By Cooper Inveen ACCRA – Ghana’s consumer price inflation accelerated to 23.6% year-on-year in April from 19.4% in March, the statistics service said on Wednesday, a recent record one economist said was…
Australia consumer sentiment dives as rates, inflation rise
SYDNEY – A measure of Australian consumer sentiment slid for a sixth straight month to a 21-month low in May as surging inflation and rising interest rates weighed on family finances and…
U.S. consumer short-term inflation outlook dips, spending plans rise -NY Fed survey
(Reuters) – U.S. consumers’ inflation expectations one year from now dipped in April but their view of inflation over the medium-term rose and household spending expectations also climbed to a record high,…
Chile consumer prices up by higher-than-expected 1.4% in April
SANTIAGO – Chile’s consumer prices rose 1.4% in April boosted by rising costs in food and non-alcoholic beverages, the government’s statistics agency said on Friday. The figure, which was also driven by…
Tokyo consumer prices rise at fastest pace in 7 years
By Yoshifumi Takemoto and Kantaro Komiya TOKYO – Core consumer prices in Tokyo, considered a leading indicator of Japanese price trends, rose 1.9% in April from a year earlier, marking the fastest…
Bank of America: consumer spending on cards up from 2021 across all income groups
By Elizabeth Dilts Marshall NEW YORK – Bank of America said Thursday that consumers’ debit and credit card spending rose across all income brackets in April, although spending levels for lower-income customers…
Factbox-Citigroup’s Mexican consumer banking unit lures various potential bidders
MEXICO CITY – Citigroup’s Mexican consumer banking arm Citibanamex has started to share information with banks and other parties interested in bidding for the country’s No. 3 consumer lender, Citi executives said…
Telefonica turns to Israel’s high-tech to boost consumer portfolio
By Steven Scheer JERUSALEM – Spain’s Telefonica, Europe’s third-largest telecoms company, aims to increase investments in Israel’s high-tech sector this year, including in e-health and other consumer-facing business, a senior official said.…
U.S. consumer sector braces for slowing demand as inflation bites
By Uday Sampath Kumar (Reuters) – U.S. consumer goods firms, including P&G and Coca-Cola, are preparing for an impending slowdown in demand as runaway inflation fuels a surge in prices of everything…
Leading gauge of Japan consumer inflation to creep to near 2% in April- Reuters poll
TOKYO – A Reuters poll showed core consumer prices in Tokyo likely rose at the fastest pace in seven years in April, to near the Bank of Japan’s 2% target, in a…
U.S. consumer chief Chopra to revisit rules around credit card fees, abuses
By Katanga Johnson WASHINGTON – The U.S. consumer watchdog will revisit its rules around credit card fees in a bid to stamp out abuses, discourage excessive late fees and boost competition, the…
French consumer confidence weaker than expected in April
PARIS – French consumer confidence fell more than expected in April although households’ concerns about inflation in the coming month months eased, a monthly survey showed on Wednesday. The INSEE official statistics…
German consumer morale falls to historic low heading into May – GfK
BERLIN – German consumer morale is projected to plunge to a historic low in May as the war in Ukraine leads to soaring costs for households and dashes hopes of a post-pandemic…
U.S. consumer confidence dips in April
WASHINGTON – U.S. consumer confidence edged down in April, though households planned to buy automobiles and many appliances, which should help to underpin consumer spending in the second quarter. The Conference Board…
Euro zone Feb production rebounds as expected on consumer goods
BRUSSELS – Euro zone industrial production rebounded as expected in February from a January slump thanks to stronger output of consumer goods, which offset declines in the output of energy and capital…
Japan consumer inflation seen picking up, still distant from BOJ target: Reuters poll
TOKYO – Japan’s core consumer inflation likely accelerated in March from a year earlier but was still well short of the Bank of Japan’s price goal, a Reuters poll showed, bolstering the…
U.S. consumer mood brightens in early April, survey shows
(Reuters) – U.S. consumer sentiment rebounded unexpectedly in early April from a decade low with the strong job market lifting the outlook for wage growth and a fall in gasoline prices from…
France’s Iliad eyes Telecom Italia’s consumer services unit – sources
By Elvira Pollina and Mathieu Rosemain MILAN -Iliad is considering buying into Telecom Italia’s (TIM) domestic consumer services operations as part of the French phone group’s push to strengthen its Italian business,…
Russian cenbank warns consumer inflation will accelerate further
(Reuters) – Consumer inflation in Russia will keep on accelerating in annual terms due to base effects, the central bank said on Wednesday, warning that rouble volatility will continue, leading to upside…
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