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