SEOUL—Samsung Electronics Co. is expected to see its third-quarter profit slump as the company’s mainstay memory-chip and smartphone businesses feel the effects of curbed consumer spending on tech products in the midst Read more
Tag: Consumers
U.S. consumers remain pessimistic about economy even as inflation fears wane
The numbers: Consumer sentiment rose in September to a final reading of 58.6 amid falling gas prices, though Americans remain broadly pessimistic about the economic outlook. The University of Michigan Read more
U.S. consumers remain pessimistic about economy even as inflation fears wane
The numbers: Consumer sentiment rose in September to a final reading of 58.6 amid falling gas prices, though Americans remain broadly pessimistic about the economic outlook. The University of Michigan Read more
Carrefour Freezes Prices on 100 Items in France as Inflation Hits Consumers
By Joshua Kirby Carrefour SA said Monday that it will block price increases on 100 items of daily use in France as it looks protect customers’ purchasing power against rising Read more
U.S. consumers likely got some relief from sizzling price increases in July but Fed won’t feel any better
U.S. consumer price data for July is expected to show some moderation in the torrid pace of inflation in June and, while Wall Street might like it, the data is Read more
The macro storm is impacting consumers very differently: ‘A little bit of a tale of two cities’
The macroeconomic storm is playing out as a tale of two consumers, if recent earnings reports are any indication. While various consumer-oriented companies have indicated pressures on lower-end buyers that Read more
Two years after the airline bailout, what are consumers getting?
When the 2008 financial crisis roiled banks, the federal government jumped in with an enormous bailout effort. Two years later, Congress slapped the industry with a sweeping set of reforms Read more
How to position your portfolio when the Fed, stock-market investors differ on recession calls
Federal Reserve Chair Jerome Powell’s optimistic comments about the U.S. economy on Wednesday added to a debate among investors about whether stocks have reached a bear-market bottom. On the one Read more
Analysts on Walmart’s profit warning: Consumers are buckling under inflation pressure and draining their COVID reserves
The shoe dropped for Walmart on Monday night, when the largest U.S. retailer warned on profits due to the impact of inflation. It wasn’t a total shock given the constant Read more
Consumers worry about falling standard of living due to inflation, U.S. sentiment poll shows
The numbers: A survey of consumer sentiment rose slightly to 51.1 in July from an all-time low, but Americans were still deeply worried about high inflation and talk of a possible Read more