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Stories published on Jul 11
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  • Stories published on Jul 11

Thursday, Jul 11

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Food companies feel the pain as consumers reject higher prices

www.washingtonpost.com

Faced with revenue and unit sales declines in recent months, snack giants PepsiCo and Conagra confront the reality of “value-seeking behavior.”

Inflation cooled further in June, welcome news for the Fed and consumers

www.bostonglobe.com

The consumer price index climbed at a moderate pace in June compared with a year earlier and fell on a monthly basis, welcome news for Federal Reserve officials who are watching for further evidence that they have wrestled rapid inflation…

23

Dollar drops, yen surges as consumer prices fall in June

www.staradvertiser.com

The dollar dropped today after data showed headline consumer prices unexpectedly fell in June, while a sharp gain in the Japanese yen sparked speculation of a possible intervention in the currency.

22

Here's why the cooler consumer inflation we wanted flipped the stock market on its head

www.cnbc.com

The data bolstered the case for Fed interest rate cuts but also gave investors the green light to rotate out of this year's tech winners.

21

U.S. consumer prices fall for first time in 4 years; inflation subsides

www.staradvertiser.com

WASHINGTON >> U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents, firmly putting disinflation back on track and drawing the Federal Reserve another step closer to cutting interest…

Captivating Gen Z: How American Express Is Engaging Young Consumers

www.adweek.com

In this episode of The Speed of Culture podcast, Suzy founder and host Matt Britton sits down with Mary Ellen Jelenek, svp and general manager of global clients and merchant services at American Express. (At the time of recording, Jelenek…

The Best EVs Of 2024 Are From Korea And Germany, Says Consumer Reports

insideevs.com

Hyundai and Kia make the best mainstream EVs, while Porsche and BMW scored the highest in the luxury segment.

20

Nebraska Enacts Consumer Data Privacy Law

www.jdsupra.com

On April 17, 2024, the State of Nebraska enacted the Nebraska Data Privacy Act (“NDPA”). With the passage of the NDPA, Nebraska joins the ranks of the nineteen other states that have adopted comprehensive consumer data privacy laws. With…

Retailers cut prices in 'summer of savings' but consumers need to shop smart for best deals

www.startribune.com

Target, Walmart, Aldi and many other major retailers are responding to consumers' continued price sensitivity.

19

Leasing a car more popular, high-credit consumers choosing to lease more than 30% of the time

www.foxbusiness.com

Car leases are becoming more popular as prices for cars still remains high.

18

Will the End of Chevron Deference Be a Sea Change for Consumer Financial Services Industry?

natlawreview.com

276279 at https://natlawreview.com/article/will-end-chevron-deference-be-sea-change-consumer-financial-services-industry-0

Inflation Cooled Further in June, Welcome News for the Fed and Consumers

www.nytimes.com

The Consumer Price Index rose 3 percent in June from a year earlier and fell month-to-month, a sharper slowdown in inflation than economists had expected.

Pepsi and Delta say consumers are hunting for value

www.nbcnews.com

Post-pandemic consumer splurging is rapidly coming to a halt, according to two widely followed U.S. companies — more evidence that the U.S. economy is likely in for a period of slower economic growth.

Residents raise concern over Tambaram Corporation’s decision to levy water charges for every consumer at apartment complexes

www.thehindu.com

They want the civic body to clarify how the individually payable amounts were calculated. They say piped water supply is provided once in three days and demand its quantum and frequency be increased