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…
Nestle says “low interest” in broad consumer health care portfolio
ZURICH – Nestle wants to focus on nutrition and metabolism for its health science business rather than building a broad health care portfolio, its chief executive told investors on Thursday. “We don’t…
Consumer Spending Surged In January As Inflation Reached Near 40-Year High
Consumer spending surged in January amid soaring inflation, the Commerce Department announced Wednesday. Retail sales grew 3.8% in January, far exceeding the 2.1% Dow Jones estimate, the Commerce Department announced Wednesday. January’s…
U.S. consumer sentiment hit more than 10-year low; inflation fears mount
By Lucia Mutikani WASHINGTON -U.S. consumer sentiment fell to its lowest level in more than a decade in early February amid expectations that inflation would continue to increase in the near term,…
U.S. consumer prices post largest annual gain in 40 years; weekly jobless claims fall
By Lucia Mutikani WASHINGTON – U.S. consumer prices rose solidly in January, leading to the biggest annual increase in inflation in 40 years, fueling financial markets speculation for a 50 basis points…
Biden says consumer inflation report shows budgets of Americans are ‘being stretched’
-U.S. President Joe Biden said the January consumer price index report issued on Thursday was a reminder the budgets of Americans are under real strain, adding that his administration was using “every…
Japan’s Jan consumer inflation slows, trade deficit biggest in 8 years – Reuters poll
TOKYO – Japan’s core consumer inflation likely slowed in January from the previous month, a Reuters poll showed, reinforcing expectations the country’s central bank will lag well behind other economies in raising…
Australian consumer sentiment slips in Feb as inflation bites
SYDNEY – A measure of Australian consumer sentiment fell for a third month in February as higher living costs from petrol to rent undermined finances and overshadowed an easing in coronavirus cases.…
Sturgis Nurse Charged With Tampering With Consumer Products
GRAND RAPIDS, MICHIGAN – Alison Marshall, 46, of Sturgis, Michigan, has been charged by a federal grand jury with tampering with a consumer product, United States Attorney…
Japan’s consumer confidence worsens in Jan – govt
TOKYO – Japan’s consumer confidence fell in January for a second month, the government said on Monday, as the rapid spread of the Omicron coronavirus variant dampened shoppers’ mood. A Cabinet Office…
Weaker U.S consumer spending, rising inflation pose dilemma for Fed
By Lucia Mutikani WASHINGTON – U.S. consumer spending fell in December, suggesting the economy lost speed heading into the new year amid snarled supply chains and raging COVID-19 infections, while annual inflation…
Barilla serves up new premium pasta to keep up with consumer tastes
MILAN – Barilla, the world’s biggest pasta maker, is moving upmarket with a new high-end pasta range that aims to keep up with consumer tastes for premium quality foods. The 145-year old…
Bullion-shy investors spoil gold’s consumer demand comeback, WGC says
By Peter Hobson LONDON – Global demand for gold rose 10% last year but remained well below its level before the COVID-19 pandemic amid slack investor demand, the World Gold Council (WGC)…
DBS to announce purchase of Citi’s Taiwan consumer business -sources
TAIPEI -Singapore’s DBS Group will announce on Friday it is to buy Citigroup’s consumer finance business in Taiwan, two sources familiar with the matter told Reuters on Thursday. DBS and Citi declined…
French consumer confidence dips in January over inflation worries
PARIS – French consumer confidence dipped in January, an official statistics survey showed, as concerns over inflation weighed on the euro zone’s second biggest economy. Consumer confidence slipped to 99 points from…
U.S. consumer confidence dips; more plan to buy big-ticket items
By Lucia Mutikani WASHINGTON – U.S. consumer confidence ebbed slightly in January, with more consumers planning to purchase homes, automobiles and other big- ticket items even as they grew less optimistic about…
Pharmacy Manager Indicted for Tampering with a Consumer Product and Obtaining Opiates By Fraud
The Office of the United States Attorney for the District of Vermont stated that Brian Thomas Badgley, 37, of Waterbury, Vermont appeared yesterday in United States District Court in Burlington for an…
As Dems push for N95 masks, FDA, CDC issue consumer and health warnings about the expensive single-use masks
As the Centers for Disease Control and Dr. Anthony Fauci warn Americans that cloth masks and single-use surgical masks may not provide adequate protection from the COVID-19 omicron virus, the left is…
Consumer Group Warns Governors About BlackRock Retirement Funds Relying On Chinese Companies
A consumer group has sent letters to multiple governors warning them about their states’ pension funds relying on an investment corporation with strong ties to China. Consumer’s Research distributed a report to…
Consumer Spending Jumped In October As Consumers Prepared For Holiday Shopping Amid Surging Prices
U.S. consumer spending grew in October as consumers prepared for holiday shopping with inflated prices and continuing supply chain issues. Household spending increased 1.3% in October compared to the previous month, while…
U.S. Consumer Spending Grew Slowly In September Amid High COVID-19 Cases, Supply Chain Problems and Rising Inflation
U.S. consumer spending growth slowed in September, and income dropped due to high COVID-19 cases, supply shortages, rising inflation, and ending unemployment benefits. Consumer spending increased 0.6% in September, down from a…
CONSUMER ALERT: Attorney General James Issues Alert to Protect Children From Deceptive Cannabis Products Sold in Snack Packaging
NEW YORK – New York Attorney General Letitia James today issued an alert to New York parents concerning products that are deceptively designed to look like standard snack foods and candy, but…
New Jersey cracking down on fraudulent cryptocurrency investment schemes
NEWARK – Acting Attorney Andrew J. Bruck today announced that the Bureau of Securities has issued five orders to companies touting fraudulent investment opportunities relating to cryptocurrencies, directing them to stop operating…
Dulles CBP Officers Seize more than $1 Million in Counterfeit Consumer Goods
STERLING, Va. – Shipments with a voluminous amount of counterfeit consumer goods are usually transported in maritime cargo, so it was a bit surprising when Customs and Border Protection (CBP) officers encountered…
Australian National Sentenced To More Than 9 Years In Prison For Multimillion-Dollar Text-Messaging Consumer Fraud Scheme
Damian Williams, United States Attorney for the Southern District of New York, announced that MICHAEL PEARSE, an Australian national who was extradited to the United States from Australia in January 2021, was…
Five Essex County Gas Stations Agree to Pirce Gouging Settlement
NEWARK – Acting Attorney General Andrew J. Bruck today announced that the Division of Consumer Affairs has reached a settlement agreement for more than $138,000 involving five Essex County gas stations…
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