2020-09-28@19:37:35 GMT
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News about consumer:

    Breonna Taylor protests: Anger erupts in American cities after charging decision The most adorable small-town restaurant in every state What to Expect for Amazon Prime Day 2020 © Provided by Consumer Reports Consumer Reports has no financial relationship with advertisers on this site. When you shop through retailer links on our site, we may...
    A look at some of the key business events and economic indicators upcoming this week: EYE ON CONSUMERS The Conference Board serves up its latest monthly snapshot of U.S. consumer confidence Tuesday. The New York research organization’s consumer confidence index fell to 84.8 in August, its lowest reading since May 2014, as a resurgence of...
    SACRAMENTO, Calif. (AP) — California on Friday created what supporters call its own nation-leading, state-level version of the federal Consumer Financial Protection Bureau after critics said the Trump administration significantly weakened national protections. The legislation that Gov. Gavin Newsom signed into law changes the existing Department of Business Oversight into the Department of Financial Protection...
    By DON THOMPSON, Associated Press SACRAMENTO, Calif. (AP) — California on Friday created what supporters call its own nation-leading, state-level version of the federal Consumer Financial Protection Bureau after critics said the Trump administration significantly weakened national protections. The legislation that Gov. Gavin Newsom signed into law changes the existing Department of Business Oversight into...
    SACRAMENTO (CBS / AP) — California on Friday created what supporters call its own nation-leading, state-level version of the federal Consumer Financial Protection Bureau after critics said the Trump administration significantly weakened national protections. Assembly Bill 1864, the legislation that Gov. Gavin Newsom signed into law, changes the existing Department of Business Oversight into the...
    Campbell Downie/EyeEm/Getty Images A new study from Consumer Reports found high levels of risky chemicals known as PFAS in popular brands of sparkling water, including Topo Chico, Polar, Bubly, and La Croix.  Per- and polyfluoroalkyl substances (PFAS for short) are manufactured chemicals that don't break down over time, and can accumulate in the...
    BOSTON (CBS) – Lowe’s is recalling electric chainsaws that may continue to run when they’re not supposed to. A recall notice shared by the Consumer Product Safety Commission announced that more than a quarter-million cordless saws made by Kobalt are being pulled for being a “laceration hazard for consumers.” According to the CPSC, the two Kobalts...
    VIDEO5:2205:22BNSF Railway incoming CEO on impact of the pandemic on the rail industrySquawk Box Katie Farmer, incoming CEO of BNSF Railway, told CNBC on Friday that her industry has clearly been impacted economically by the coronavirus pandemic, but there's optimism on the horizon. "We have seen the economy start to pick up relative to rail...
    Millions of Americans are jobless, dozens of retailers have gone bust and COVID-19 continues to shadow in-store shopping. Time to cancel the holidays? Not quite. Sales this holiday season, a key period for merchants around the U.S., are expected to grow between 1% and 1.5% this year, resulting in up to $1.2 trillion in overall...
    Fresh protests expected across US Olive Garden-parent Darden is more attractive the longer the pandemic drags, Jim Cramer says Tata Consumer Said to Mull Bid for Coffee Day’s Vending Unit (Bloomberg) -- Tata Consumer Products Ltd. is weighing a non-binding bid for the vending machine business of Coffee Day Enterprises Ltd., according to people...
    A new study from Consumer Reports found that some carbonated water brands have measurable amounts of so-called PFAS chemicals, which are linked to adverse health effects. Researchers examined more than 40 brands of bottled water and found that sparkling water was more likely to include higher levels of the chemicals than still water.  PFAS, which stands for...
    New York (CNN Business)The US economic recovery will slow more than feared during the final three months of the year because Congress is almost certainly will not provide more federal aid, Goldman Sachs said Thursday.The Wall Street bank slashed its fourth-quarter US gross domestic product growth forecast in half to just 3% on an annualized...
    Bieber lowers ERA to 1.63, Indians top White Sox 3-2 Debunked medical myths you shouldnt believe Unilever, Consumer Giants Push Suppliers to Rescue Seafarers (Bloomberg) -- Unilever Plc and Procter & Gamble Co. are among consumer companies urging world leaders to resolve the plight of more than 300,000 seafarers stuck on commercial vessels, where...
    SAN ANTONIO – When a thief stole a neighbor’s car in the middle of the night, Brandon Murphy’s video doorbell saw it all. “We save five days' worth of camera feeds off the smart doorbell,” Murphy said. “Sure enough, it was on there.” The video evidence helped police find and return the stolen car. Video...
    seksan Mongkhonkhamsao Americans have lost $145 million to fraud related to Covid-19, according to Federal Trade Commission data. Consumers have filed more than 205,000 reports of fraud linked to the coronavirus since the beginning of the year, according to the federal agency. The average loss was $300, according to the FTC. But financial loss among...
    A Chinese man has taken social media by storm for being ‘exceptionally good looking’ after web users spotted him briefly appearing on a consumer rights TV programme. Mr Zhang from the city of Ningbo in east China shot to fame after he was filmed by local media complaining about the broken glass door in his...
    By: KDKA-TV News Staff PITTSBURGH (KDKA) — A consumer alert has been issued for an Oakland pizza place by the Allegheny County Health Department. The Health Department says inspectors found Potenza Pizza and Pasta infested with flies and found mouse droppings in various places. (Photo Credit: KDKA Photojournalist Brian Smithmyer) According to the Tribune-Review, the...
    Coca-Cola aims to release its first hard seltzer in the U.S. in the first half of 2021, CEO James Quincey told CNBC on Monday. The excursion into the fast-growing category is a noteworthy pivot for the beverage giant, which hasn't had a presence in the market since the early 1980s, when it sold off its wine...
    Never be seen again: Where Confederate statues go after being taken from public spaces The most historic restaurant in your state Jack Ma’s Ant to Lift IPO Funding Target to $35 Billion (Bloomberg) -- Jack Ma’s Ant Group is seeking to raise at least $35 billion in its initial public offering after assessing early...
    Deutsche Bank allows work-from-home until July 2021 McDonalds Travis Scott Meal proves to be popular, leading to shortages and upcoming change GDP and Election Implications as Consumer Spending and Consumer Sentiment Conflict The stock market, the bond market and the economy are all supposed to be intertwined. This can become quite messy in an...
    Uber self-driving car operator charged in pedestrian death National Cheeseburger Day 2020: Find deals and free food Friday at McDonalds, Applebees and more Opinion: Zombie companies are proliferating — here’s how to keep them out of your stock portfolio OUTSIDE THE BOX © AFP via Getty Images The Covid-19 pandemic has radically altered the...
    Waring Abbott | Getty After spending more throughout the summer as economies reopened and stimulus checks hit their bank accounts, U.S. consumers have again started rein in their budgets on everything from lawnmowers to movie rentals. JPMorgan, which tracks the amount its card users purchase from restaurants to grocery stores, said in a note published...
    Donald Trump and Joe Biden are virtually tied in a critical poll about the presidential election—and have been for months. In the University of Michigan consumer sentiment poll released Friday, forty-eight percent of consumers forecast a Biden victory and 47 percent forecast a Trump victory. This virtual tie has existed in data from July through...
    Chime CEO Chris BrittSource: Chime The fintech world has a new heavyweight. Chime, the start-up that delivers banking services through mobile phones, has closed a fundraising that values the company at $14.5 billion, CNBC has learned exclusively. That lofty figure makes Chime the most valuable American fintech start-up serving retail consumers. Robinhood, the popular free-trading...
    Urena scheduled to start as Miami hosts Boston Georgia Toffolo raves over £3.49 concealer Jack Ma’s Ant Hit by Flurry of New Rules Ahead of Mega IPO (Bloomberg) -- Ant Group was dealt another blow by more regulations to contain risks in the country’s burgeoning online lending industry as Jack Ma’s financial technology giant...
    Hoverboard-riding dentist sentenced to 12 years for Medicaid fraud 9 Ways Trader Joes Changed the Way We Grocery Shop Jack Ma’s Ant Group Hit by Flurry of New Rules Ahead of Mega IPO (Bloomberg) -- Ant Group was dealt another blow by yet more regulations to contain risks in the country’s burgeoning online lending...
    In its last meeting before the November elections, the Federal Reserve on Wednesday did as expected and announced that it maintain a target interest rate at or near 0% until the economy recovers from the coronavirus pandemic, which could take years to accomplish. Some experts expect the rate to remain unchanged until the end of...
    Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York City BY LUCIA MUTIKANI U.S. consumer spending slowed in August, with a key retail sales gauge unexpectedly declining, as extended unemployment benefits were cut for millions of Americans, offering more evidence that the economic recovery from the...
    US retail sales climbed less than expected last month, another signal that the economic recovery from the coronavirus pandemic has slowed. Retailers and food-service merchants raked in $537.5 billion in August, a modest 0.6 percent increase from the prior month that came in below experts’ estimates for a 1 percent rise, the US Census...
    A man wearing a facemask carries a children's bicycle just purchased at Walmart as he walks back to his car, July 22, 2020 in Burbank, California.Robyn Beck | AFP | Getty Images U.S. consumer spending appeared to slow in August as extended unemployment benefits were cut for millions of Americans, offering more evidence that the...
    Lots of people are eating more take-out lately and more than one-third of Americans have fast food on any given day. But that doesn't mean your choice has to be unhealthy.Consumer Reporters takes a look at some popular restaurant chains that are trying to serve healthier, fast food.Customized grain bowls, locally grown produce, colorful vegetarian...
    ViacomCBS said it is offloading CNET Media Group for $500 million to digital-marketing company Red Ventures. The Monday deal, which is expected to close in the fourth quarter of 2020, also includes foodie site Chowhound, the tech site ZDNet, GameSpot, the Metacritic reviews-aggregation site and TVGuide.com. Red Ventures already owns and operates more than 100...
    VIDEO3:0503:05How the pandemic has changed the hotel and short-term rental marketTrading Nation The pandemic has upended the travel industry and different parts of the ecosystem are feeling the pain. First up, travel credit cards. Credit card companies that offer travel rewards have had to rethink their offerings as flight and hotel bookings remain depressed due...
    The U.S. economy is growing faster than previously expected as the recovery has proved far more durable than thought. Economists this week reacted to data released this week by upgrading their forecasts for what had already been projected to be a record-shattering third quarter for growth in GDP. Goldman Sachs economists hiked their third-quarter GDP...
    WASHINGTON (AP) — U.S. consumer prices rose 0.4% in August as used car prices surged by the largest amount in 51 years, the Labor Department reported Friday. The August increase in the consumer price index reflected some moderation following big gains of 0.6% in both June and July as the pace of energy price gains...
    New York (CNN Business)Remember when city-dwellers weren't interested in owning cars? Those days are over. Used car sales are booming so much they pushed up consumer price inflation last month.Prices for used cars and trucks climbed 5.4% — the largest monthly increase since March 1969 — and contributed 40% to the core inflation index, which...
    By MARTIN CRUTSINGER, AP Economics Writer WASHINGTON (AP) — U.S. consumer prices rose 0.4% in August as energy prices moderated after big gains in the previous two months. The Labor Department reported Friday that the August increase in the consumer price index followed a 0.6% jump in both July and June as prices rebounded following...
    Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
    WASHINGTON (AP) — U.S. consumer prices rose 0.4% in August as energy prices moderated after big gains in the previous two months. The Labor Department reported Friday that the August increase in the consumer price index followed a 0.6% jump in both July and June as prices rebounded following the virus-related shutdowns in earlier months....
    Copyright © 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
    Joel Porro and Lizz Hernandez wear gloves and protective masks as they put bags in the trunk of their car after shopping at Walmart Supercenter as the coronavirus pandemic continues, March 5, 2020 in Miami.David Santiago | Miami Herald | Tribune News Service via Getty Images U.S. consumer prices increased solidly in August, but labor...
    Amazon has been accused of price gouging on essential items like toilet paper and antibacterial soap in a report by consumer rights group Public Citizen. The report analyzed over a dozen products, including those sold by third-party sellers and items listed as “sold by Amazon.” It found that between the months of May and August,...
    Fear of a second wave of the coronavirus and the lapse of pandemic aid have sapped economic confidence and threaten the recovery, economists say. “The fear of a second coronavirus wave is real because the first wave never really ended, and countries that have managed the virus well, like New Zealand and Italy, are...
    Amazon is accused of inflating prices during the coronavirus pandemic by a consumer watchdog that found evidence of price gouging. Public Citizen released a report detailing ‘significant price increases’ on a number of essential products sold both by Amazon and third-party sellers. Items included hand sanitizers, toilet paper, face masks and corn starch, which saw...
    Citigroup announced that Jane Fraser would succeed Michael Corbat as the bank's next chief executive, making Fraser the first woman to ever lead a Wall Street bank. Fraser, 53, is currently head of Citi's global consumer banking division, a major part of the bank that includes checking and savings accounts but also Citi's massive credit...
    Mike Greenberg Suggests the Buccaneers Emulate the 2015 Broncos Tips, Trends And Beauty Launches Happening This Fall 3 Top Consumer Staples Stocks to Buy Now Investors have good reasons to follow the consumer staples sector right now. Its appeal has been bolstered by spiking demand during the COVID-19 pandemic. Companies that manufacture or sell...