By Michael Susin Next PLC on Thursday reported a better-than-expected pretax profit increase for the first half of fiscal 2023, amid stronger retail sales, and cut its full-year profit guidance Read more
Tag: confidence
Consumer confidence jumps to five-month high thanks to falling gas prices
The numbers: Americans feel a lot better because of falling gas prices: A survey of U.S. consumer confidence jumped to a five-month high of 108 in September. Economists polled by Read more
‘No wonder consumer confidence has been falling’: Women’s financial well-being sinks to five-year low, study finds
Women’s financial health took a hit during the pandemic, and despite a brief rebound, it’s on the decline again, leaving many ill-prepared for a possible recession. That’s according to a Read more
U.K. consumer confidence hits record low in September as cost-of-living crisis weighs
U.K. consumers turned more pessimistic in September as high inflation and rising interest rates outweighed any effect from recent government measures to freeze households’ rising energy bills. The consumer-confidence barometer Read more
Palantir stock slide continues as earnings create ‘diminished confidence’
Shares of Palantir Technologies Inc. were extending their slide in Tuesday trading as analysts weighed in on the software company’s weaker-than-expected forecast. Palantir PLTR, -6.77% executives acknowledged in a Monday Read more
Australia’s consumer confidence tumbles as rates soar
SYDNEY — Australian consumer confidence sank 4.5% last week to the lowest level since April 2022 after the Reserve Bank of Australia raised official interest rates by a further 50 Read more
Australia’s consumer confidence rises for third straight week as gas prices fall
SYDNEY — Australian consumer confidence rose last week, its third consecutive weekly rise, as gasoline prices at the pump fell, taking pressure off stressed household budgets. Consumer confidence gained 2.1% Read more
U.S. consumer confidence declines for third straight month in June
The numbers: The index of consumer confidence fell to 95.7 in July from a revised 98.4 in the prior month, the Conference Board said Tuesday. The decline was larger than Read more
U.S. consumer confidence declines for third straight month in June
The numbers: The index of consumer confidence fell to 95.7 in July from a revised 98.4 in the prior month, the Conference Board said Tuesday. The decline was larger than Read more
U.K. consumer confidence remains at record low in July
British consumer confidence remained severely depressed in July as cost-of-living pressures and dim economic prospects continued to build. The consumer-confidence barometer compiled by research firm GfK steadied at minus 41 Read more