Chinese shoppers are splurging again.The question is: What will keep them going?
The University of Michigan on Friday said its consumer-sentiment index was 99.9 in February, up from 95.
O> is cutting hundreds of jobs in its consumer business in Seattle, a person familiar with the matter said on Monday, as the company shifts resources into fast-growing areas like its work on voice assistant Alexa.The job cuts, rare for the world's largest online retailer, are in the low hundreds, the person said on condition of anonymity.
Passenger protections are up for review as the Transportation Department asks airlines for suggestions Feb.ET Airlines want to nix a host of rules that attempt to keep them from mistreating customers.
Richard Cordray, then the CFPB director, authorized an investigation that month, said former officials familiar with the probe.Meanwhile the CFPB has shelved plans for on-the-ground tests of how Equifax protects data, an idea backed by Cordray.
(Photo by Montana Pritchard/PGA of America via Getty Images)GlaxoSmithKline Plc and Reckitt Benckiser Group Plc are the only companies to have submitted non-binding bids for Pfizer Inc.More from Bloomberg.
After hitting its highest level in a decade, household confidence in economy slipped for third consecutive month Updated Feb.2, 2018 11:08 a.
Dow Jones, a News Corp companyNews Corp is a network of leading companies in the worlds of diversified media, news, education, and information services Increase in consumer expectations reflects strength of stock market, tax overhaul, economist says Updated Jan.ET A measure of U.
ET Cutting costs and cutting prices won’t save consumer-products makers.Their tax-cut windfall should push companies like Procter & Gamble and Kimberly-Clark to reinvigorate their product lines.
Procter & Gamble said average prices fell for first time since 2011; rival Kimberly-Clark to slash jobs Updated Jan.23, 2018 7:52 p.
Good economic news bodes well for consumer lenders, but risks remain Jan.19, 2018 11:52 a.
19, 2018 12:11 p.The University of Michigan on Friday said its consumer sentiment index was 94.
ET A modest rise in consumer prices in December and solid growth in retail sales bolstered expectations that inflation is firming after a long run of softness and that U.economic growth ended 2017 on a robust note.
11, 2017, file photo shows a sign at a Wells Fargo bank location in Philadelphia.LendEDU, a student loan refinancing website, analyzed the data and set up a ranking of banks by complaints, both banking-related and general.
Dow Jones, a News Corp companyNews Corp is a network of leading companies in the worlds of diversified media, news, education, and information services The Conference Board index of U.S.
A look at some of the key business events and economic indicators upcoming this week:RISING HOME VALUESA healthy demand for homes and a shrinking supply of available properties has helped keep home prices rising.The Standard & Poor's CoreLogic Case-Shiller home price index, which tracks the value of homes in 20 major U.
1 spot among the top 10 most-satisfying cars.Jake Fisher, director of automotive testing for Consumer Reports, told USA Today those brands suffered by introducing cheaper vehicles.
WASHINGTON—Americans spent more and saved less in November, a sign that low unemployment, robust consumer confidence, the prospect of tax cuts and buoyant financial markets are underpinning a strong holiday shopping season.Americans are saving at the slowest pace in a decade, likely in anticipation of continued job and wealth gains as stock indexes barreled to new records last month and the unemployment rate stood at a 17-year low.
9% jump in energy prices responsible for much of the month’s inflationary uptick Updated Dec.ET WASHINGTON—A bump in energy prices boosted U.
m.ET WASHINGTON—A key measure of U.