Germany’s consumer sentiment is set to fall again in June after easing for two straight months as worsening debt crisis in Greece and high energy prices overshadowed falling unemployment and robust economic growth. View full post on All Stories
Consumer credit advances fell by 7 per cent during March as people remained cautious about taking on more debt, new figures have revealed. Related Stories Bank of England downgrades growth figures Retailers ‘face declining growth’ Financial services complaints soar £2.5bn loans fund for small firms Bank accused over lending targets View full post on All [...]
Vittorio Hernandez – AHN News New York, NY, United States (AHN) – American consumers have improved their credit standing by paying off more than $100 billion in debt leftover from the economic boom. However, they placed a higher priority on credit card payments over mortgage dues. This development represented a change in consumer behavior attributed [...]
Vittorio Hernandez – AHN News London, England, United Kingdom (AHN) – British households have lost about $750 (GBP 500) in the past 12 months, according to a study by the Institute for Fiscal Studies released on Friday. It is considered the largest drop in household income since 1981, and is equal to what households made [...]
Los Angeles, CA, United States (AHN) – The U.S. Consumer Product Safety Commission, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. Consumers should stop using recalled products immediately unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product. Name of [...]
Washington, DC, United States (AHN) – The U.S. Consumer Product Safety Commission and Health Canada, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. Consumers should stop using recalled products immediately unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product. [...]
Kris Alingod – AHN News Contributor Sparks, MD, United States (AHN) – McCormick reported better-than-expected earnings for the first quarter on Tuesday despite higher material costs and continuing weak demand in Europe. The company maintained its full fiscal forecast. Net income for the period ended Feb. 28 was $76.8 million, or 57 cents a share, [...]
MADRID (MarketWatch) — U.K. grocer J. Sainsbury PLC on Wednesday reported a 4.2% rise in comparable sales for the fourth quarter, a 1% gain excluding fuel, in an interim statement. Total sales for the quarter rose 6.8%, a 3.5% rise excluding fuel, while non-food sales grew at over three times the rate of food. Sainsbury [...]
THE surging price of gold is prompting a stampede by Indians to pawn their jewellery and gold coins to raise cash to buy consumer goods. View full post on All Stories
NEW YORK – Stocks appear poised to rebound, a day after suffering their worst losses in seven months. A monthly report on consumer prices and a weekly tally of first-time claims for unemployment insurance are due out Thursday morning. Economists forecast that the Consumer Price Index rose 0.4 percent in … View full post on [...]
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