Euro zone consumer confidence falls to -28.8 in September
Sept 22 (Reuters) – Euro zone consumer confidence fell by 3.8 points in September from the August number, figures released on Thursday showed. The European …
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Belgium records huge drop in consumer confidence index
(Reuters) – Belgian consumer confidence dropped dramatically in September, according to the data released on Thursday by the National Bank of Belgium (NBB). The consumer …
India economic growth to be sustained by consumer spending rebound, says govt review
MUMBAI (Reuters) – A sharp rebound in consumer spending and rising employment will sustain economic growth in India in the months ahead, the government said …
U.S. BNPL consumer debt set to hit $15 billion by 2025 – study
By Manya Saini (Reuters) – U.S. buy-now-pay-later (BNPL) customers’ outstanding debt is estimated to hit $15 billion by 2025, a report by management consultancy firm …
Citigroup expects sale or IPO of Mexico consumer business next year
NEW YORK (Reuters) – Citigroup Inc expects to divest its Mexican consumer business via a sale or initial public offering that could happen next year, …
Russian consumer prices drop for 9th week ahead of rate-setting meeting
MOSCOW (Reuters) – Russian consumer prices fell for a ninth straight week, data showed on Wednesday, thanks to a seasonal drop in fruit and vegetable …
Japan July real wages continue to slide as rising consumer prices weigh
TOKYO (Reuters) – Japan’s real wages extended their slide to a fourth straight month in July, government data showed on Tuesday, as the biggest jump …
U.S. consumer confidence rises more than expected in August
WASHINGTON (Reuters) – U.S. consumer confidence rebounded more than expected in August after three straight monthly declines, with vacation intentions rising to an eight-month high, …
U.S. consumer sentiment improves further in August; near-term inflation expectations fall
WASHINGTON – U.S. consumer sentiment improved further in August and households’ near-term inflation expectations fell to an eight-month low amid declining gasoline prices, a survey …
M onthly inflation brakes sharply; Gasoline price drop restrains U.S. consumer spending
By Lucia Mutikani WASHINGTON – U.S. consumer spending barely rose in July as falling gasoline prices hurt sales at service stations, but monthly inflation slowed …
Tokyo Aug core consumer prices rise at fastest pace in nearly 8 years
TOKYO (Reuters) – Core consumer prices in Japan’s capital Tokyo rose in August at their fastest pace in nearly eight years, as inflationary pressures broadened …
Brazil’s consumer prices fall on lower transportation costs
By Gabriel Araujo SAO PAULO (Reuters) – Brazilian consumer prices fell in the month to mid-August thanks to lower fuel prices on the back of …
Commerce City Man Indicted for Tampering with a Consumer Product
Denver – The United States Attorney’s Office for the District of Colorado announces Christopher Robert Pattinson, age 40, of Commerce City, has been indicted on …
UK consumer spending drops as inflation hit intensifies
LONDON (Reuters) – British consumers’ spending on credit and debit cards fell sharply over the past week and other measures of their behaviour were either …
Irish consumer sentiment hovers at 22-month low in August
DUBLIN (Reuters) – Irish consumer sentiment slipped marginally to hover at a 22-month low in August as respondents said they expected to further cut back …
Australian crypto ownership warrants consumer protection, says regulator
SYDNEY – Nearly half of Australian retail investors owned cryptocurrency in late 2021 and more got their information from YouTube videos than from financial advisers, …
Shopify merchant growth falters as weak consumer spending hits businesses
By Nivedita Balu (Reuters) – Businesses stung by rising costs and lower consumer spending are shying away from Shopify’s platform, creating a roadblock in its …
Ryanair to appeal against Hungary’s ‘baseless’ consumer protection fine
By Gergely Szakacs BUDAPEST – Budget airline Ryanair said it would appeal to the courts after Hungary fined it for passing on the cost of …
U.S. consumer inflation expectations ease in July, UMich says
(Reuters) – U.S. consumers lowered their views of where inflation is headed in July, a closely watched survey showed on Friday, a downshift in expectations …
U.S. consumer spending beats expectations in June; inflation accelerates
WASHINGTON – U.S. consumer spending increased more than expected in June as Americans paid more for goods and services, with monthly inflation surging by the …
Justice Department, Consumer Financial Protection Bureau, and Three State Attorneys General Reach Settlements With Trident Mortgage Company To Resolve Lending Discrimination Claims
PHILADELPHIA – United States Attorney Jacqueline C. Romero announced that the Department of Justice, the Consumer Financial Protection Bureau (CFPB), and the Attorneys General of …
Italy business and consumer confidence morale fall in July as political instability returns
ROME, July 27 – Morale amongst Italian businesses and consumers fell in July, a month that marked the return of political instability to Italy with …
U.S. consumer watchdog to scrutinize crypto payments, Big Tech moves into finance -director
By Katanga Johnson and Michelle Price WASHINGTON – The top U.S. consumer watchdog plans to scrutinize the use of cryptocurrencies for real-time payments and ramp …
UK consumer mood stuck at record low, GfK survey shows
LONDON – British consumers’ confidence remained stuck at a record low this month in the face of surging inflation and higher interest rates, a survey …
Russian consumer prices dip again as cenbank rate meeting looms
MOSCOW – Consumer prices in Russia declined 0.17% in the week to July 15 after sliding 0.03% a week earlier, data showed on Wednesday, keeping …
German consumer group files lawsuit against Tesla over privacy concerns, CO2 ads
BERLIN – Germany’s largest consumer protection group vzbv has filed a lawsuit against Tesla in a Berlin court over alleged misleading advertising and data protection …
After bruising year, GSK approaches consumer split in better health
By Natalie Grover LONDON – Things are looking up for GSK and its chief Emma Walmsley as the British drugs giant prepares to spin off …
Russia records weekly consumer prices dip as cenbank rate meeting looms
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – Consumer prices in Russia declined 0.03% …
Australia consumer sentiment slides further in July amid inflation gloom
SYDNEY – A measure of Australian consumer sentiment slid for an eighth straight month to match pandemic lows in July as the surging cost of …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …