CoStar ends talks to buy Move Inc, posts weak profit forecast
(Reuters) -CoStar Group said on Tuesday it was no longer in talks to buy Realtor.com owner Move Inc from News Corp and forecast disappointing first-quarter revenue that sent its shares…
(Reuters) -CoStar Group said on Tuesday it was no longer in talks to buy Realtor.com owner Move Inc from News Corp and forecast disappointing first-quarter revenue that sent its shares…
By William Schomberg and William James LONDON (Reuters) – British consumers unexpectedly increased their shopping in January, but the big picture remains one of weak demand from inflation-hit households relying…
SYDNEY (Reuters) – Australian consumer sentiment took a dark turn last week after the country’s central bank raised interest rates to a decade high and warned yet more pain lay…
BEIJING (Reuters) – Chinese President Xi Jinping telegraphed plans to revive consumption and reaffirmed an ambition to accelerate the country’s race towards technology independence, two of the biggest challenges facing…
SEOUL (Reuters) – South Korean consumers’ inflation expectations inched up in January, with sentiment toward economic conditions and the outlook also improving, a central bank survey showed on Thursday. The…
Retail Sales Ticked Down During The Holiday Season As Consumers Tightened Their Belts John Hugh DeMastri on January 18, 2023 Retail sales fell 1.1% in December, unadjusted for inflation, with…
Consumers Are Paying Record Credit Card Rates Thanks To Sky-High Inflation John Hugh DeMastri on January 11, 2023 Average interest rates for bank-issued credit cards this past November surpassed a…
(Reuters) – U.S. consumers expect price pressures to moderate notably in the next year, with a benchmark survey on Friday showing their one-year inflation outlook dropping to the lowest in…
LAS VEGAS – A U.S. citizen who previously resided in Ukraine was sentenced to 42 months in prison and five years of supervised release for conspiracy to commit bank fraud.…
By Manoj Kumar and Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) – India’s $200 billion textile and apparel industry is facing a crisis as consumers in the United States, Europe and other…
By Casey Hall SHANGHAI (Reuters) – China’s weary public and businesses have welcomed the easing of stringent “zero-COVID” measures, but Jorry Fan, who lives in the eastern city of Suzhou,…
By Hannah Lang WASHINGTON (Reuters) – Partnerships between banks and financial technology companies are a net-positive for consumers when done responsibly, the Treasury Department will say in a report due…
(Reuters) -Australia’s competition regulator has begun court proceedings against Fitbit LLC for allegedly making false or misleading claims to consumers about their guarantee rights on faulty devices, it said on…
National Restaurant Association releases annual What’s Hot survey revealing top menu trends for the year ahead Washington, DC (-) Restaurant customers can expect to see health taking center stage on…
By Rajesh Kumar Singh CHICAGO (Reuters) – U.S. carriers including Delta Air Lines and United Airlines are betting big on American consumers’ unquenched thirst for travel across the Atlantic by…
Real Retail Spending Fell In September As Inflation Pinches Consumers John Hugh DeMastri on October 14, 2022 Retail spending held steady in September compared to August, but fell adjusted…
NEW YORK (Reuters) – Bank of America Corp Chief Executive Officer Brian Moynihan said U.S. consumers are still in good financial health. “Right now, they’re in very good shape,” Moynihan…
By Mehr Bedi (Reuters) – U.S. consumers are exhibiting fragility ahead of the peak period for corporate results next month, as some are struggling to pay bills and others are…
WASHINGTON (Reuters) – U.S. President Joe Biden on Monday urged companies running gas stations, banks and cell phone services to lower costs for consumers coping with inflation. During a White…
Plant-Based Meat Company’s Sales Plummet, Considered ‘Too Woke’ By Consumers Jack McEvoy on September 26, 2022 Beyond Meat, a plant-based meat substitute company, is struggling to sell its products…
By Foo Yun Chee BRUSSELS (Reuters) – Alphabet unit Google on Monday rebuffed a push by European telecoms operators to get Big Tech to help fund network costs, saying it…
WASHINGTON (Reuters) – U.S. President Joe Biden on Thursday pressed the U.S. energy industry to lower costs for consumers who had been stung by high gasoline prices, citing record company…
By Leigh Thomas PARIS (Reuters) – Consumer morale in the euro zone’s two biggest economies diverged starkly in August as French consumers benefited from fresh government measures while concerns over…
By Jonathan Cable LONDON (Reuters) – The global economy is increasingly at risk of sliding into recession, surveys showed on Tuesday, as consumers faced with generation-high inflation rein in spending…
BERLIN (Reuters) – Germany will lower the sales tax on gas to 7% in an effort to cushion the blow of additional charges being placed on consumers to ensure energy…