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 sentiment plunges in March as Ukraine war scares consumers
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. The European…
Mike Boyer of A+ Garage Door Service and Repair in Rockland County, NY, Warns Consumers to Beware of Low Advertised Prices
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 for products…
‘Gloomy’ Dutch consumers hit by pessimism about economy, war in Ukraine
– 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 from -30…
How the Fed’s rate hikes could affect U.S. consumers
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 the coming…
Japan consumers’ inflation expectations hit record high in March – survey
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 and food…
Bread consumers to swallow the cost of Russia-Ukraine war
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. Russia’s Feb.…
Former top employee of workout supplement manufacturer convicted of misleading consumers
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. Lowery. Robert…
Japan consumers’ expected inflation rate rises to record 2.43% in Feb -govt survey
(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, the highest…
U.S. consumers’ inflation expectations lower in January, NY Fed survey finds
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 survey released…
Consumers face years of high energy prices, Big Oil CEOs warn
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 on governments…
UK consumers slowed their spending as COVID rules returned in January
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 restaurants, according…
U.S. consumers expect spending growth but fewer splurges on non-essentials
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 non-essential items…
REPORT: Spending Expected To Soar This Holiday Season While Consumers Remain Concerned Over Inflation And Supply Chain Issues
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 average, expect…
Cyber Monday Sales Drop For First Time Ever As Consumers Began Shopping Earlier Than Previous Years And Saw Fewer Discounts
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 Monday, a…
Consumer Spending Jumped In October As Consumers Prepared For Holiday Shopping Amid Surging Prices
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 month, while…
New toolkit helps consumers avoid scams while holiday shopping
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 or even…
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