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Stories published on May 10
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  • Stories published on May 10

Friday, May 10

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Utah Updates Consumer Privacy and Protection Acts with AI-Focused Provisions

www.jdsupra.com

Effective May 1, 2024, companies must face new artificial intelligence (AI) disclosure requirements in Utah. The Utah AI Policy Act (AI Act) amends the Utah Consumer Privacy Act (UCPA) and Utah Consumer Sales Practices Act (UCSPA) to…

ONE, TWO PUNCH: Maryland Signs into Law Consumer Data Privacy, While Vermont’s BEAST of a Bill Awaits Signature

natlawreview.com

273585 at https://natlawreview.com/article/one-two-punch-maryland-signs-law-consumer-data-privacy-while-vermonts-beast-bill

Sally Beauty: High-Income Consumers Splurge, but Low-Income Shoppers Still Cautious

www.pymnts.com

As middle- and high-income consumers return to treating themselves to nice-to-haves, such as new personal care products and services, Sally Beauty is seeing low-income shoppers continuing to cut back amid ongoing economic pressures. On a…

Maryland Enacts Comprehensive Consumer Privacy Legislation: What You Need to Know

www.jdsupra.com

Maryland Governor Wes Moore signed the Maryland Online Data Privacy Act of 2024 (MODPA) into law on May 9, 2024. This new law establishes transparency, assessment, and consumer rights requirements for organizations that fall within its…

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Stocks Pause On Dismal Consumer Confidence; Yields, Dollar Rise As Inflation Expectations Kick Higher, Bitcoin Sinks: What's Driving Markets Friday? (CORRECTED)

www.benzinga.com

Editor’s note: This story has been updated to correct an error in the price action of Charter Communications stock.

NAICOM sets eye on consumer protection, industry growth

businessday.ng

The new executive management of the National Insurance Commission (NAICOM) says it will focus on consumer protection and the growth

Consumer Sentiment Weakens Due to Inflation and Job Worries

www.pymnts.com

Consumers are souring about the near-term outlook — on inflation, job prospects and interest rates. Where there’s worry, there’s possibly some saving for a rainy day at the expense of spending now. The latest Index of Consumer Sentiment…

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U.S. consumer sentiment drops to 6-month low on inflation, unemployment fears

triblive.com

WASHINGTON — U.S. consumer sentiment fell sharply in May to the lowest level in six months as Americans cited stubbornly high inflation and interest rates, as well as fears that unemployment could rise.

Nasdaq Moves Lower; US Consumer Sentiment Falls In May

www.benzinga.com

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling around 0.2% points on Friday.

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Consumer sentiment tumbles as inflation fears surge

www.cnbc.com

The University of Michigan Survey of Consumers posted a reading of 67.4 for May, down from 77.2 in April.

US consumer sentiment drops to 6-month low on inflation, unemployment fears

abcnews.go.com

Consumer sentiment fell sharply in May to the lowest level in six months as Americans cited concerns about stubbornly high inflation and interest rates and fears that unemployment could rise

We're trimming this consumer goods stock that's been on a run over the past month

www.cnbc.com

In keeping with our discipline when the S&P Oscillator is overbought, we're raising some cash this morning.

Latest News | High Gold Prices Unable to Dampen Consumer Sentiment During Akshaya Tritiya

www.latestly.com

Get latest articles and stories on Latest News at LatestLY. The demand for gold and golden jewellery remained high on Akshaya Tritiya, despite 15-17 per cent increase in gold prices from last year, with retailers witnessing robust footfall…

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US consumer sentiment drops to 6-month low on inflation, unemployment fears

www.startribune.com

U.S. consumer sentiment fell sharply in May to the lowest level in six months as Americans cited stubbornly high inflation and interest rates, as well as fears that unemployment could rise.

Consumer Sentiment Hits Lowest Level This Year As Inflation Weighs On Americans’ Wallets

www.forbes.com

Consumer sentiment is now about 18% lower than it was when President Joe Biden took office in 2021 and 32% lower than it was at the 2017 handoff from the Obama Administration to the Trump Administration.

Consumer Sentiment Falls In May, Inflation Expectations Strongly Exceed Fed's 2% Goal: 'They Now Perceive Negative Developments'

www.benzinga.com

The latest University of Michigan report showed a decline in consumer confidence and a worrying increase in inflation expectations, causing market reactions.