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…
U.S. consumer loan delinquencies seen surging to 13-year high in 2023 – study
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) – U.S. consumers will fall behind on their personal loan and credit card payments next year at the highest rates since 2010, according…
Australia consumer mood less bleak on hope for rate hike relief
SYDNEY (Reuters) – A measure of Australian consumer sentiment bounced from near record lows in December as borrowers sensed a painful cycle of interest rate rises was nearing an end, lifting the…
Goldman Sachs to stop making unsecured consumer loans – source
By Saeed Azhar NEW YORK (Reuters) – Goldman Sachs Group Inc plans to stop originating unsecured consumer loans, a source familiar with the move told Reuters on Monday, in another sign the…
Uralsib completes purchase of Citi’s Russian consumer loan portfolio
MOSCOW (Reuters) -Russian commercial bank Uralsib said on Monday it had completed the acquisition of a portfolio of consumer loans from Citigroup Inc’s Russian unit, as the major U.S. lender reduces its…
Russian consumer inflation slows to 12% as central bank meeting looms
MOSCOW (Reuters) – Annual inflation in Russia slowed further in November, but consumer prices rose again in month-on-month terms, data showed on Friday, just one week before the central bank meets for…
U.S. consumer sentiment improves in December
WASHINGTON (Reuters) – U.S. consumer sentiment improved in December amid recent gains on the stock market, while inflation expectations eased to a 15-month low, a survey showed on Friday. The University of…
Thai consumer confidence at 20-month high in November
BANGKOK (Reuters) – Thai consumer confidence rose for a sixth straight month in November, reaching a 20-month high, boosted by improved economic activity and higher foreign tourist arrivals, but high costs of…
UK consumer spending fails to keep pace with inflation: surveys
LONDON (Reuters) – British consumer spending ticked up last month at a rate that greatly lagged behind inflation, according to surveys on Tuesday that underscored the pressure on household budgets ahead of…
French consumer spending falls in October, inflation unchanged in November
PARIS (Reuters) – France’s economy eked out meagre growth in the third quarter of 2022 while household spending fell more than expected in October and inflation remained at a high of 7.1%…
German consumer sentiment stabilizes with help of energy measures -GfK
BERLIN (Reuters) – German consumer sentiment is set to barely change in December as government energy measures help stabilize morale at a level that is just above a record low set two…
New Zealand consumer confidence slips in November – ANZ-Roy Morgan
(Reuters) – Consumer confidence in New Zealand fell in November compared with the prior month amid soaring inflation, rising rates and falling house prices, ANZ-Roy Morgan data showed on Friday. The consumer…
Euro zone consumer confidence rises to -23.9 in November
(Reuters) – Euro zone consumer confidence rose by 3.6 points in November from the October number, figures released on Tuesday showed. The European Commission said a flash estimate showed euro zone consumer…
Irish consumer sentiment dips slightly on tech job losses
DUBLIN (Reuters) – Irish consumer sentiment dipped slightly in November as people grew concerned about job losses in the country’s tech sector, a survey showed on Monday. The Credit Union Consumer Sentiment…
Russian weekly consumer prices edge up in latest data
MOSCOW (Reuters) – Consumer prices in Russia rose slightly for the eighth consecutive week in mid-November, data published on Wednesday showed, driven by goods including eggs and tea and domestic flights. Russia’s…
Analysis-Unilever leads pack on price rises as consumer goods industry squeezed
By Richa Naidu LONDON (Reuters) – Unilever has raised prices faster than its biggest rivals P&G and Nestle since the middle of 2021, in a replay of its strategy during the 2007-09…
Argentina to freeze prices of 1,500 consumer goods as inflation bites
By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s government announced a deal on Friday with supermarkets and suppliers of mass consumer goods to freeze or tightly regulate prices of some 1,500 products,…
Japan Oct consumer inflation likely to hit four-decade high – Reuters poll
TOKYO (Reuters) – Japan’s core consumer inflation rate is expected to hit a forty-year high in October as a weak yen pushed up raw material costs for companies, leaving some with little…
Russian weekly consumer prices edged up in week of central bank rate hold
MOSCOW (Reuters) -Weekly consumer prices in Russia rose marginally for the sixth week running, data published on Wednesday showed, vindicating the central bank’s decision to end its rate-cutting cycle last week and…
In Europe, consumer businesses like Amazon face holiday reckoning
By Jeffrey Dastin (Reuters) – Amazon.com Inc, the global retailer whose results can represent a bellwether for the e-commerce industry, on Thursday signaled a pain point for sales this holiday season: Europe.…
Consumer inflation in Japan’s capital hits 33-year high
By Takahiko Wada and Leika Kihara TOKYO (Reuters) – Core consumer prices in Japan’s capital, a leading indicator of nationwide figures, rose 3.4% in October from a year earlier, data showed on…
Italy consumer morale at 9-year low as Meloni takes charge
ROME (Reuters) – Morale amongst Italian businesses and consumers fell in October, data showed on Thursday, underscoring the challenges facing new Prime Minister Giorgia Meloni who has inherited a rapidly slowing economy.…
German consumer sentiment sees small, and fleeting, reprieve -GfK
BERLIN (Reuters) – German consumer morale is expected to recover slightly in November, a small reprieve after four consecutive months of record lows, though talk of a trend reversal is far too…
Marketmind: Consumer drain as banks gain
A look at the day ahead in U.S. and global markets from Mike Dolan. This year’s inflation and interest rate shock to consumers is mirrored by the massive windfall for the world’s…
Deutsche Bank’s DWS sued by consumer group over alleged greenwashing
FRANKFURT (Reuters) – A German consumer group said on Monday it is suing Deutsche Bank’s asset management unit DWS for allegedly misrepresenting a fund’s green credentials in marketing materials. The suit comes…
Australia to cut economic growth forecasts on lower consumer spending
SYDNEY (Reuters) – Australia’s economic growth is expected to slow sharply next financial year as rising inflation curbs household consumption, according to new forecasts to be unveiled by Treasurer Jim Chalmers in…
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