New Biden Admin Rule Is Boon To Insurance Companies At The Expense Of Consumers, Experts Say
The Biden administration recently put in place a new rule restricting the availability of short-term health insurance plans, which could raise costs and leave many without coverage, experts told the Daily Caller…
Euro zone consumers expect lower inflation, sluggish housing prices – ECB poll
FRANKFURT (Reuters) – Euro zone consumers expect inflation to keep slowing in the next months and years but remain pessimistic about their purchasing power and house prices, a European Central Bank survey…
CBP Cautions Consumers, Merchants about Unsafe School Supplies
SAN JUAN, Puerto Rico– U.S. Customs and Border Protection, along with the Consumer Product Safety Commission, seized a shipment of school supplies in San Juan, P.R., recently that violated federal law regulating…
Brits May Ditch Net Zero Policies As Increased Prices Burn Consumers
Brits May Ditch Net Zero Policies As Increased Prices Burn Consumers Nick Pope on July 24, 2023 The U.K. government may pivot away from its embrace of green energy and climate goals…
Durr: Governor Murphy Files Rule to Ban Gas Cars, Then Says Consumers Under No “Obligation” to Buy EVs
Sen. Ed Durr said Gov. Murphy was being disingenuous by announcing a rule that would force manufacturers to sell only zero-emission electric vehicles in New Jersey by 2035, and then telling New…
Healthy US consumers shrug off recession concerns, for now
By Nupur Anand NEW YORK (Reuters) – U.S. consumers are still keeping up with their loan payments despite rising costs and a worsening economic outlook, according to executives at the largest U.S.…
Euro zone consumers see lower inflation ahead – ECB poll
FRANKFURT (Reuters) -Euro zone consumers in May cut their inflation expectations again for the following 12 months, although they still saw prices growing faster than the European Central Bank (ECB) would like…
Chinese e-commerce giants entice cautious consumers with steep mid-year discounts
By Casey Hall and Sophie Yu SHANGHAI (Reuters) – China’s e-commerce platforms are competing fiercely in the country’s first major shopping festival after the pandemic, offering steep discounts to entice frugal consumers…
LINDA MCMAHON: Biden’s EV Diktat Will Cost Consumers And Threaten Jobs
LINDA MCMAHON: Biden’s EV Diktat Will Cost Consumers And Threaten Jobs Linda McMahon on June 14, 2023 The Environmental Protection Agency (EPA) recently announced aggressive C02 mandates, with the expressed goal of…
Column-U.S. banks tighten lending standards to small business and consumers: Kemp
By John Kemp LONDON (Reuters) – U.S. domestic banks reported a widespread tightening of lending standards by the end of the first quarter of 2023 – even before the full impact of…
UK consumers turn more confident despite inflation pain – GfK
By Suban Abdulla LONDON (Reuters) – British consumer confidence has risen for the fourth month in a row to its highest in 15 months as households take a more positive view about…
Hedge funds bet consumers will rein in U.S. spending – Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds’ bearish positions reached year highs in April, largely aimed at companies selling non-essential consumer products, in a bet that harsher economic times will…
South Korean consumers’ inflation expectations fall to 11-month low
SEOUL (Reuters) – South Korean consumers’ inflation expectations fell in April to the lowest in nearly a year, a central bank survey showed on Wednesday, while overall consumer sentiment hit a 10-month…
Conservative Group Launches ‘Woke Alerts’ To Notify Consumers Of Left-Wing Brands
Conservative Group Launches ‘Woke Alerts’ To Notify Consumers Of Left-Wing Brands Mary Lou Masters on April 14, 2023 A conservative organization has launched a campaign to send out “Woke Alerts” notifying consumers…
Feeling poorer: Property slump hurting Chinese consumers, clouds recovery
By Liangping Gao and Marius Zaharia BEIJING/HONG KONG (Reuters) – Liu Baoxiang, who runs a mahjong parlour in a city on China’s rust belt, no longer splurges on extravagant fashion items after…
Biden’s EPA Chief Claims New Emissions Crackdown Gives Consumers ‘Options’ To ‘Protect’ The Planet
Biden’s EPA Chief Claims New Emissions Crackdown Gives Consumers ‘Options’ To ‘Protect’ The Planet Harold Hutchison on April 12, 2023 The administrator of the Environmental Protection Agency (EPA) claimed Wednesday that the…
Pork consumers’ $75 million price-fixing accord with Smithfield approved
By Mike Scarcella (Reuters) – A U.S. judge on Tuesday approved a $75 million settlement between Smithfield Foods Inc and a class of consumers who accused the pork producer of conspiring to…
Dash don’t dine: U.S. consumers getting selective with leisure reservations
By Doyinsola Oladipo NEW YORK (Reuters) – U.S. consumers are increasingly canceling dinner, night club, and pool cabana reservations as they grow more selective with discretionary spending, according to data from reservation…
Even as Bank of Canada moves to sidelines, consumers not ready to splurge
By Molly Cone TORONTO (Reuters) – When the Bank of Canada became the first major global central bank this month to pause raising interest rates after its most aggressive tightening campaign in…
New Biden Admin Rules Could Cost Consumers Billions On Household Appliances
New Biden Admin Rules Could Cost Consumers Billions On Household Appliances John Hugh DeMastri on March 6, 2023 A pair of proposed rules from the Biden administration’s Department of Energy (DOE) would…
Explainer: Biotech corn and soy widely used, consumers still wary of GM wheat
By Julie Ingwersen CHICAGO (Reuters) – Nearly all corn and soybean acres in the world’s largest exporting countries are seeded with genetically modified varieties, but that is not the case for wheat,…
Novartis to pay $30 million to health plans, consumers over Exforge antitrust claims
By Brendan Pierson (Reuters) – Swiss drugmaker Novartis AG has agreed to pay $30 million to settle claims by health plans and consumers that it schemed to delay the U.S. launch of…
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 down 15%…
UK consumers bought more in January but overall gloom persists
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 more on…
Australian consumers shell-shocked as interest rates climb
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 ahead for…
China’s Xi vows to help consumers spend ‘without worries’
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 the world’s…
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