consumer

Automobile

U.S. consumer protection watchdog’s funding unconstitutional, court rules

A federal appeals court ruled on Wednesday that the U.S. Consumer Financial Protection Bureau‘s funding apparatus is unconstitutional, faulting a…

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Business

U.S. consumer is soldiering on despite soaring inflation and recession risk, credit card giants say

Shoppers carry bags in San Francisco, California, on Thursday, Sept. 29, 2022. David Paul Morris | Bloomberg | Getty Images…

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United Kingdom

UK consumer confidence remains near 50-year-low

UK consumer confidence hovered around a 50-year low last month as Britons struggled against a backdrop of soaring inflation, political…

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Business

Stocks slip back on Tesla caution over consumer demand

Stocks turned lower on Thursday as investors grew wary that rising inflation would curb corporate profits, following cautionary comments on…

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Business

Goldman CEO David Solomon’s latest remix breaks up the bank’s struggling consumer finance business

Goldman Sachs’ Chairman and CEO David Solomon attends a session at the 50th World Economic Forum (WEF) annual meeting in…

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Business

Bank of America CEO says latest spending and savings data show that the U.S. consumer is healthy

Pedestrians pass in front of a Bank of America branch in New York. Mark Kauzlarich | Bloomberg | Getty Images…

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Business

Consumer spending was flat in September and below expectations as inflation takes toll

Customers shop at the GU Co. store in the SoHo neighborhood of New York, US, on Friday, Oct. 7, 2022.…

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Business

China’s consumer prices jump by the most in more than two years

China’s consumer price index increased by 2.8% in September from a year ago as prices of food, especially pork, rose.…

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Business

US consumer prices rise sharply despite Federal Reserve rate increases

The rapid rise in US consumer prices showed no signs of abating in September, prompting a sharp sell-off and then…

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Business

Inflation expectations ease, while spending outlook tumbles, Fed consumer survey shows

A gasoline nozzle pumps gas into a vehicle in Los Angeles, California on August 23, 2022. Frederic J. Brown |…

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