#consumer

6:39pm, 17th April, 2019

Cheap solar panels power consumer appliance boom in North Korea

Years after they first appeared in North Korea, increasingly cheap and available solar panels are giving a boost to consumer consumption and industry as Pyongyang tries to limit the impact of tough international sanctions.

California AG endorses bill expanding consumer privacy protections

5:40pm, 25th February, 2019

US

California AG endorses bill expanding consumer privacy protections

California Attorney General Xavier Becerra on Monday endorsed a state bill that would expand the state's new privacy act to allow consumers to sue companies over their handling of personal data, despite months of tech lobbying against such a mov...

U.S. fund managers brace for consumer slowdown

4:28am, 9th February, 2019

Business

U.S. fund managers brace for consumer slowdown

With expectations for slowing growth escalating, U.S. fund managers are selectively avoiding stocks in consumer companies as lofty valuations, concerns about declining earnings estimates, and consumer confidence keep them on guard.

Brexit worries drag on UK consumer sentiment - GfK

8:17pm, 30th October, 2018

UK

Brexit worries drag on UK consumer sentiment - GfK

British consumer morale slid to a three-month low in October, dragged down by worries about the economic outlook in the run-up to Brexit, a survey showed on Wednesday.

Consumer staples lead Wall Street rebound

11:18am, 19th October, 2018

Business

Consumer staples lead Wall Street rebound

U.S. stocks rose broadly on Friday, driven by the consumer staples sector which was helped by Procter & Gamble results, brushing aside growth risk concerns in Europe and political tensions in Saudi Arabia.

Goldman Sachs will slow consumer loan growth if market falters

2:14pm, 16th October, 2018

Business

Goldman Sachs will slow consumer loan growth if market falters

Goldman Sachs will slow loan growth in one of its key new business areas if it sees a marked deterioration in credit quality, potentially jeopardizing new Chief Executive David Solomon's task to boost revenue by $5 billion by 2020.

U.S. consumer spending rises; monthly inflation moderates

11:14am, 28th September, 2018

Business

U.S. consumer spending rises; monthly inflation moderates

U.S. consumer spending increased steadily in August, supporting expectations of solid economic growth in the third quarter, while a measure of underlying inflation remained at the Federal Reserve's 2 percent target for a fourth straight month.

Trump slaps tariffs on $200 billion in Chinese goods, spares some consumer tech

7:09pm, 17th September, 2018

Business

Trump slaps tariffs on $200 billion in Chinese goods, spares some consumer tech

U.S. President Donald Trump said on Monday he will impose 10 percent U.S. tariffs on about $200 billion worth of Chinese imports, but he spared smart watches from Apple and Fitbit Inc and other consumer products such as bicycle helmets and baby car s...

UK consumer spending grows at fastest pace since January - Visa

7:53pm, 16th September, 2018

UK

UK consumer spending grows at fastest pace since January - Visa

British consumer spending grew over the three months to August at the fastest pace since January, chiming with other signs the economy has picked up some steam in mid-2018, a survey from payments firm Visa showed on Monday.

Tariffs threaten market-leading tech, consumer stocks

10:04pm, 14th September, 2018

Business

Tariffs threaten market-leading tech, consumer stocks

U.S. technology and consumer discretionary stocks have been insulated from global trade tensions, but if another round of U.S. tariffs on Chinese goods goes into effect, even those high-flying sectors could come down to earth.

Senate panel votes to advance Trump pick to head consumer watchdog

11:07am, 23rd August, 2018

Politics

Senate panel votes to advance Trump pick to head consumer watchdog

The U.S. Senate Banking Committee voted on Thursday to advance President Donald Trump's pick to head the federal consumer watchdog despite criticism from Democratic senators.

Senate panel narrowly approves Trump's consumer financial protection chief pick

10:04am, 23rd August, 2018

Politics

Senate panel narrowly approves Trump's consumer financial protection chief pick

The U.S. Senate Banking Committee voted on Thursday to advance President Donald Trump's pick to lead the nation's top consumer watchdog, despite criticism from Democratic senators.

UK consumer spending dips in July, modest pay rises ahead

7:21pm, 12th August, 2018

UK

UK consumer spending dips in July, modest pay rises ahead

British consumer spending dipped last month and few employers plan to offer bigger pay rises, according to economic surveys on Monday that suggest future growth is likely to remain modest.

Trump administration working on consumer data privacy policy

5:24pm, 27th July, 2018

Politics

Trump administration working on consumer data privacy policy

The Trump administration is working to develop consumer data privacy policies, and the Commerce Department is meeting with big companies like Facebook Inc, Comcast Corp and Alphabet Inc as it looks to eventually seeing the policies enshrined in legis...

Democrats demand more information from Trump's consumer watchdog pick

1:12pm, 27th July, 2018

Politics

Democrats demand more information from Trump's consumer watchdog pick

Democratic lawmakers stepped up pressure on President Trump's pick to lead the Consumer Financial Protection Bureau, demanding more information on her role in the administration's immigration policies and her stance on consumer finance issu...

Trump's consumer watchdog pick defends record in Senate hearing

8:41pm, 19th July, 2018

Politics

Trump's consumer watchdog pick defends record in Senate hearing

President Donald Trump's choice to lead the U.S. consumer watchdog survived aggressive questioning by lawmakers on Thursday and looked on track to secure a confirmation vote that could come as soon as this month.

Bank of America profit beats on consumer loan growth, lower expenses

4:35pm, 16th July, 2018

Business

Bank of America profit beats on consumer loan growth, lower expenses

Bank of America Corp reported quarterly profit above analyst expectations on Monday as the second-largest U.S. lender cut expenses and benefited from growth in loans and deposits on the back of a strengthening economy.