Stories tagged: consumers
Wed., June 14, 2017, 8:25 a.m.
U.S. retail sales slide 0.3 percent, biggest drop in 16 months
Americans cut spending at gasoline stations, department stores and electronics shops in May as retail sales registered their biggest drop in 16 months, a cautionary sign for the economy.
Wed., May 3, 2017, 8:17 a.m.
House GOP blocks Dem efforts to protect consumer watchdog
House Republicans on Wednesday blocked Democratic efforts to preserve the independence of a consumer watchdog created after the 2008 economic meltdown as the GOP pressed ahead with an overhaul of …
Mon., May 1, 2017, 9:09 a.m.
Consumer spending flat for second month in March
U.S. consumers cut back sharply on buying durable goods such as autos in March, leaving overall spending unchanged for a second straight month. A slowdown by consumers was a major …
UPDATED: Thu., March 30, 2017, 8:38 p.m.
U.S. economy grew at steady 2.1 percent rate in Q4
The U.S. economy grew at a slightly faster rate in the fourth quarter than earlier estimates, as consumers ramped up spending that’s expected to fuel growth throughout 2017.
Wed., March 15, 2017, 7:53 a.m.
Americans spent slightly more at retail stores last month
Americans spent only slightly more in February at retail stores compared with January, a sign of consumer caution despite rising optimism about the economy.
Sun., March 12, 2017
NerdWallet: 9 bills where you can cut a better deal
The word “bills” used to be synonymous with “fixed expenses.” But there’s nothing fixed about many of the bills a typical household pays today.
Wed., March 1, 2017, 7:18 a.m.
Consumers spend less than forecast as inflation bites
Consumer spending rose less than projected in January as rising prices pinched Americans’ wallets, leading inflation-adjusted purchases to fall by the most since 2009. The 0.2 percent advance in spending …
UPDATED: Tue., Feb. 28, 2017, 7:27 p.m.
Target to launch new brands, lower prices after quarterly results disappoint
Target Corp. will invest in lowering prices, remodeling hundreds of stores, and launching more than a dozen new exclusive brands over the coming year in an effort to jump-start sales …
Sun., Feb. 19, 2017
BBB Tip of the Week: Look out for fashion fakes
Spring is just around the corner, and a new outfit or purse can be a great way to change seasons. Seventy-six percent of the online fashion scams reported to BBB …
UPDATED: Tue., Feb. 7, 2017, 10:21 a.m.
More than meets the eye with funeral service
“A good funeral is one that gets the dead where they need to go and the living where they need to be,” writes undertaker and author Thomas Lynch. In response …
UPDATED: Fri., Feb. 3, 2017, 10:17 p.m.
Sue Lani Madsen: Fixing coverage mandates a good first step in reforming Obamacare
Consumer-driven, patient-focused health care is the goal as Republicans methodically work through the process of reforming the reform. But it’s hard to feel like the consumer is driving anything in …
Fri., Jan. 20, 2017, 10:27 a.m.
P&G gets boost from push to get shoppers to buy pricier products
Procter & Gamble Co.’s drive to sell more upscale skin-care, grooming and house-cleaning products is beginning to show up in its bottom line. Sales of its premium brands helped lift …
Thu., Dec. 1, 2016, 2:49 p.m.
Wells Fargo splits chairman, CEO roles after sales scandal
Wells Fargo is splitting the jobs of chairman and CEO and making other major changes to the composition of its board of directors in an effort to make the bank …
Thu., Dec. 1, 2016, 2:45 p.m.
Rising oil prices not expected to drastically hurt U.S. consumers
OPEC’s decision to cut production gave an immediate boost to oil prices, but the impact on consumers and the U.S. economy is likely to be more modest and gradual.
Thu., Nov. 17, 2016, 1:59 p.m.
Wells Fargo new accounts tumble 44% in wake of sales scandal
Wells Fargo & Co. said retail customers opened 44 percent fewer new accounts in October from a year earlier in the wake of the bank’s record-setting settlement with regulators over …
Thu., Nov. 17, 2016, 7:29 a.m.
Higher gas prices push consumer inflation up 0.4 percent
Rising energy costs pushed consumer prices higher in October, but overall inflation remains tame.
Fri., Nov. 11, 2016, 10:37 a.m.
U.S. consumer sentiment hits 5-month high before election
Consumer confidence rose to a five-month high in early November as Americans became more upbeat about the economy in the days before the presidential election concluded.
Mon., Nov. 7, 2016, 1:42 p.m.
U.S. consumer borrowing rose in September
American consumers boosted their borrowing in September, a potential sign that recent job growth and wage gains have left them slightly more comfortable with holding debt.
Sat., Nov. 5, 2016, 7:43 a.m.
Wal-Mart sets environmental plan as people seek green items
Wal-Mart is laying out its environmental map for the next several years as it tries to satisfy customers who want green products at affordable prices.
Fri., Oct. 28, 2016, 11:39 a.m.
Consumer sentiment matches lowest reading since 2014
Consumer confidence dropped more than previously reported to match the lowest level since 2014, with Americans less upbeat about both current and future conditions in the weeks before the presidential …
Thu., Sept. 15, 2016, 5:15 p.m.
‘Limited quantities’ of iPhone 7 available at retail stores
Don’t expect to go into an Apple store Friday and walk out with a jet black iPhone 7. Or any color of the iPhone 7 Plus. Apple said Thursday that …
Fri., Sept. 9, 2016, 10:40 a.m.
MasterCard faces $18.6 billion UK lawsuit over fees
MasterCard is being sued for 14 billion pounds ($18.6 billion) on behalf of British consumers for allegedly charging excessive fees on millions of transactions over a 16-year period.
Thu., Sept. 8, 2016, 12:42 p.m.
Consumer borrowing grows by $17.7 billion in July
American consumers increased their borrowing in July, though the category that includes credit cards grew at the slowest pace since February.
Mon., Sept. 5, 2016, 1:52 p.m.
Ailing Korean shipper Hanjin moves to resolve cargo chaos
Moving to unsnarl the chaos in its container cargo after it filed for bankruptcy protection, Hanjin Shipping Co. will seek stay orders in dozens of countries, the Financial Services Commission …
Fri., Sept. 2, 2016, 4:03 p.m.
Retailers scramble as shipper bankruptcy puts goods in limbo
Some major retailers are scrambling to work out contingency plans to get their merchandise to stores as the bankruptcy of the Hanjin shipping line has thrown ports and retailers around …
Fri., July 29, 2016, 3:26 p.m.
Obama signs bill requiring labeling of GMO foods
President Barack Obama has signed into law a bill that will require labeling of genetically modified ingredients for the first time.
Fri., July 8, 2016, 11:39 a.m.
Harley-Davidson motorcycles investigated for brake failure
The U.S. government is investigating complaints from Harley-Davidson riders who say their motorcycle brakes failed without warning.
Mon., May 30, 2016, 10:04 a.m.
Eurozone economic sentiment improves for second month
Confidence in the economy of Europe’s 19-country eurozone is up across the region for a second successive month thanks in particular to greater optimism among consumers.
Fri., May 27, 2016, 3:16 p.m.
Fast money: Banks making it easier to split the tab
Splitting the bill for those pizzas you shared with your buddies or that utility bill that is suddenly due is going to get easier and faster even if you don’t …
Fri., May 27, 2016, 11:46 a.m.
U.S. economy better than initially thought
Economic growth at the start of the year wasn’t as bad as initially estimated, boosting the chances that Federal Reserve policymakers will raise a key interest rate next month.