Consumer confidence takes a nosedive in June, and future expectations plummeted
The latest index on consumer confidence from The Conference Board finds that American expectations have plummeted in recent months.
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Report: Consumers are feeling even worse about the US economy – thanks to inflation
Americans’ consumer sentiment hit a new record low in June amid growing concerns about inflation, according to the latest University of Michigan survey.
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Analysis: Gas likely to hit average of $4 per gallon
So, when will you see a gallon of gas cost more than $4? It could be soon, as the price of crude oil has risen recently.
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Inflation concerns weighing on Americans
A monthly report from The Conference Board shows that American consumer confidence has dropped, amid concerns about inflation.
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With chip shortages, 80% of car buyers pay more than sticker price
Only a year ago almost no one paid the full sticker price when buying a new car. Now… you’re lucky if you can get MSRP.
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PayPal warns consumers will spend less
By Paul R. La Monica, CNN Business Omicron, inflation and a lack of government stimulus have some Venmo users nervous about spending money from their digital wallets. That’s bad news for Venmo owner PayPal — and a potential warning sign for consumer spending in general. PayPal executives warned during the company’s...
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Regulators open probe into red hot ‘buy now, pay later’ industry
Regulators in Washington may crack down on the industry behind “buy now, pay later,” the increasingly popular method for consumers to purchase things online.
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What bank earnings, executives, can tell us about the state of our economy
Banks are reporting earnings, and there are two important factors in these reports that could indicate the direction, pace of the economy.
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Shoppers are still spending, despite concerns about supply chains, inflation
Retail sales in September grew 0.7% compared to August, outpacing expectations by nearly 1%.
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