U.S. consumers, low-income households included, still spending, BofA research says
(Reuters) – U.S. consumer credit and debit card spending so far in 2022 is up 15% on a year earlier, Bank of America research showed on Wednesday, a sign that…
(Reuters) – U.S. consumer credit and debit card spending so far in 2022 is up 15% on a year earlier, Bank of America research showed on Wednesday, a sign that…
(Reuters) – U.S. consumers boosted their expectations for inflation and household spending in the year ahead as the price of gas and food steepens, but tempered their view of inflation…
TRENTON, NJ – New Jersey Governor Phil Murphy implemented a statewide plastic straw ban last year. This year, he’s banning plastic bags from supermarkets, but in a plan that was…
MADRID – Spain is planning a consumer protection authority which aims to ensure banks and other financial institutions meet obligations towards customers, responding to complaints of unfair mortgage lending, and…
BRUSSELS – Euro zone economic sentiment fell sharply in March, data showed on Wednesday, as Russia’s invasion of Ukraine sent consumer confidence plummeting and their inflation expectations to record highs.…
NEW YORK, March 28, 2022 — “You get what you pay for.” How many times have you heard that? Hundreds? Thousands? That’s because it’s true! People usually seek the lowest prices…
– Dutch consumer confidence deteriorated in March due to growing pessimism about the economy and the war in Ukraine, the Dutch Statistics Office CBS announced on Wednesday. The indicator dropped…
By Jonnelle Marte – The Federal Reserve raised short-term interest rates on Wednesday by a quarter of a percentage point and signaled that it plans to lift them further in…
TOKYO – Japanese consumers’ inflation expectations hit a record high in March, a government survey showed on Wednesday, as people’s perceptions of future price moves were affected by surging energy…
By Rod Nickel WINNIPEG, Manitoba – Russia’s invasion of Ukraine, one of the world’s breadbasket nations, has driven wheat prices to 14-year highs, forcing bread consumers to eat the cost.…
McALLEN, Texas – A 26-year-old former leader at Science Production Products LLC (SPP) admitted he committed a felony relating to importing and selling misbranded drugs, announced U.S. Attorney Jennifer B.…
(Corrects day of the week in first paragraph) TOKYO – Japanese consumers’ one-year forward expected inflation rate rose to 2.43% in February, a Consumer Affairs Agency survey showed on Wednesday,…
By Jonnelle Marte -U.S. consumers lowered their expectations for how much inflation will rise in the near-term and medium-term periods, signaling that inflation concerns may be easing, according to a…
By Ron Bousso and Nerijus Adomaitis LONDON – Consumers should brace for years of high energy prices, heads of top oil and gas companies said, in what would pile pressure…
By William Schomberg LONDON – British consumers slowed the pace of their spending last month as the Omicron COVID-19 wave hit fuel sales and kept people away from bars and…
By Jonnelle Marte – U.S. consumers expect their monthly spending to grow above pre-pandemic levels this year but people are becoming less likely to spend big on vacations and other…
U.S. consumer spending this holiday season is expected to soar despite growing concerns over inflation and supply chain backlogs that may delay shipping, according to a CNBC survey. Americans, on…
Cyber Monday online sales dropped for the first time ever as consumers experienced fewer discounts and began their holiday shopping earlier than in previous years. Consumers spent $10.7 billion on…
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…
WASHINGTON — The holiday shopping season is underway and the National Intellectual Property Rights Coordination Center (IPR Center) is launching a new holiday shopping toolkit to help consumers protect themselves from substandard…