Consumer Spending News

News

CME hog futures edge down on profit taking

USA-LIVESTOCK/:LIVESTOCK-CME hog futures edge down on profit taking

1 min read1 Nov 2024
News

Yields rise before Friday’s jobs report

USA-BONDS/ (UPDATE 1):TREASURIES-Yields rise before Friday’s jobs report

2 min read1 Nov 2024
News

Troubled Retailers Face a Halloween Crunch With Consumers Spending Less

A predicted slide in Halloween consumption is the latest blow for heavily-indebted retailers battling mounting overheads and the trend of consumers trading down to cheaper products.

3 min read13 Oct 2024
Industry

India’s beauty brands battle hard in a crowded market

Hurt by mounting expenses and growing competition, beauty and personal care brands are looking for sustainable ways to survive.

6 min read7 Oct 2024
News

BOE’s Greene Says Strong UK Consumer Could Renew Price Pressures

A consumption-driven recovery in the UK could set off a renewed bout of inflation, but more interest rate cuts are likely as prices are “moving in the right direction,” Bank of England policymaker Megan Greene said.

2 min read1 Oct 2024
Companies

Fed’s Favored Price Gauge Seen Substantiating Rate Cut

The Federal Reserve’s preferred price metric and a snapshot of consumer demand are seen corroborating both the central bank’s aggressive interest-rate cut and Chair Jerome Powell’s view that the economy remains strong.

6 min read22 Sep 2024
Companies

Fed’s Bowman Says Big Rate Cut Could Be Seen as Claiming Victory Too Soon

Federal Reserve Governor Michelle Bowman said cutting interest rates by a half percentage point this week risked signaling the US central bank was declaring victory over inflation too early.

1 min read21 Sep 2024
Economy

Consumers have a debt problem: Not enough of the right kind

The Federal Reserve’s next interest-rate decision could be a fateful one for many consumers and in turn for debates about the health of the American spender.

4 min read16 Sep 2024
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Companies

Consumers Shift Spending to Pay for Basic Staples, Citi CFO Says

Credit losses are rising as US consumers shift spending to basic needs and away from purchases that aren’t vital, according to Citigroup Inc. Chief Financial Officer Mark Mason.

1 min read9 Sep 2024
Markets

Yellen Says Labor Market Is ‘Healthy,’ Amid Unemployment Rise

Treasury Secretary Janet Yellen said the US job market remains healthy and touted “very solid” consumer and investment spending, even as recent data suggest some cooling is taking place.

1 min read5 Sep 2024
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