• Retail sales weak as consumers tighten belts further

    Shoppers had a more subdued month for retail spending in March after Taylor Swift concerts drove a flurry of sales activity in departments stores and the like in February. Retail sales slid 0.4 per cent in March, which followed a 0.2 per cent rise in February, and one per cent lift in January. The modest […]

  • 79% of US Consumers Are Highly Satisfied With BNPL

    Split-payment or installment plans such as buy now, pay later (BNPL) enable consumers to shop more strategically, buying items one day and paying for them with a set schedule of payments over time to better manage their budgets. According to PYMNTS Intelligence’s “Divided, Not Conquered: Acquirer and Merchant Confusion Clouds Split-Payments Landscape” report, a collaboration […]

  • Oceanside Pier consumed by huge fire Developing

    Oceanside Pier consumed by huge fire Developing (Third column, 1st story, link) Related stories:Longest pier on West Coast Drudge Report Feed needs your support!   Become a Patron

  • Kashkari & Consumer Credit Curtail Stock & Bond Gains

    Kashkari & Consumer Credit Curtail Stock & Bond Gains Another quiet macro day (although an ugly picture was painted late on by the unexpectedly weak revolving credit increase - potentially signaling a US consumer who really has hit their limit). Some FedSpeak wiped a little lipstick off the early pig's squeeze higher as Kashkari seemed to offer both sides some hope (but it spoiled the fun with the 'we could hike' line): “It’s a little too soon to declare that we’re definitely...

    • KFDI

    Solar power company to pay judgment in consumer case

    Share on Facebook Share on Twitter The Sedgwick County District Attorney’s Office said a solar power company will pay a judgment of over $220,000 in a consumer protection case. The judgment was entered against Design 1 Group

  • Consumer Climate: Two-Year High at a Low Level

    The recovery in consumer sentiment in Germany continued in April. Income expectations grew noticeably, economic expectations and the willingness to buy are increasing moderately. The consumer climate thus improved for the third time in a row. In the forecast for May, the indicator increases to

  • Block raises annual forecast on resilient consumer spending

    Payments firms have benefited from a tight labor market and wage growth that has allowed Americans to set aside worries of an economic slowdown and continue spending on travel, shopping and dining out. The company now expects annual adjusted core earnings to be at least $2.76 billion, higher than its previous forecast of $2.63 billion. Block also forecast adjusted core earnings between $670 million and $690 million in the second quarter, compared with analysts' average expectation of $642.2...

  • Microsoft announces passkey support for Microsoft consumer accounts

    Microsoft accounts already allow you to sign in to apps and websites using FIDO security keys, Windows Hello, or Microsoft Authenticator app. From 2021, you were also able to sign in to your Microsoft account even without setting up a password. Today, Microsoft announced the support for passkeys in Microsoft consumer accounts. With this support, […]

  • Same-store sales at Starbucks drop as consumers slow purchases

    Throughout the COVID-19 pandemic, various supply chain issues and high inflation, Starbucks could still count on its consumers to buy their iced oat milk lattes. But that economic certainty may be in doubt after the coffee giant reported weaker-than-expected revenue and earnings in the latest quarter.

  • Most brain monitors sold to consumers don't keep your data private

    A report found data privacy problems with the vast majority of 30 companies that sell neurotechnology devices to consumers. New US state laws aim to change that

  • Chinese Consumers Overtake India In Gold-Buying Frenzy

    "The Only Safe Asset" - Chinese Consumers Overtake India In Gold-Buying Frenzy Who could have seen this coming? ICYMI from Nov 2023, when gold was still 1900 Behind The Mysterious Explosion In Gold Prices: China's "Massive Accumulation Of Gold"https://t.co/6Yg2HPmMwf — zerohedge (@zerohedge) April 28, 2024 In November 2023, with gold trading around $1900/oz, we highlighted the beginning of a precious metal buying-binge from China, noting that the prcie for physical gold had never...

  • Emotive AI Offers New Ways to Connect With Consumers

    In a lab in London, a new generation of avatars is learning to smile, frown and wink — not just as programmed, but in response to human emotions conveyed through text. Backed by Nvidia, Synthesia’s latest creation aims to mimic and deeply understand feelings, turning every digital interaction into a near-human experience. As these emotional avatars […]