Consumer

US consumer spending up weak 0.1 percent in August | Local News Stories

WASHINGTON (AP) — Consumers barely boosted their spending in August, a sign that overall economic activity could be weaker this quarter. Consumer spending rose just 0.1 percent, following a much larger 0.3 percent advance in July, the Commerce Department reported Friday. It was the smallest gain since June. The August weakness reflected a big drop in sales of durable goods ...

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Consumer spending up 0.1% in August – Longview News-Journal

Sept. 29, 2017 at 11:54 p.m. WASHINGTON — Consumers barely boosted their spending in August, a sign that overall economic activity could be weaker this quarter. Consumer spending rose just 0.1 percent, after a much larger 0.3 percent advance in July, the Commerce Department reported Friday. It was the smallest gain since June. The August weakness reflected a big drop ...

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Fashion world shaken by #NoFreePhotos row, Consumer

Sat, Sep 30, 2017 – 12:40 PM [PARIS] Photographers have risen up in revolt at the way fashion labels and influencers are using their street style images without crediting them, highlighting discontent about the “work for free” culture in the multi-billion dollar industry. More than 40 photographers who follow the fashion circuit and snap its top celebrities and bloggers as ...

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Consumer Confidence Index sees a 5.07% increase

CREATIVE COMMONS KARACHI: After declining for two consecutive terms, the overall Consumer Confidence Index (CCI) increased by 5.07% compared with the previous survey held in July 2017. The results are part of the September edition of the SBP-IBA Consumer Confidence Survey, which also reveal that respondents expect an increase in the overall price level compared to the last survey. The central ...

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CBRC cautions on surging consumer loans – Business

A Chinese woman shows credit cards and other bank cards in Qionghai city, South Chinas Hainan province, April 14 2012. [Photo/IC] China’s top banking regulator on Friday warned surging consumer loans may pose potential risks to the country’s lending system. It also cautioned against a fast rise in consumer leverage ratio. “Banking regulators encourage banks to develop consumer finance but ...

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Consumer Reports puts trendy grain bowls to the test

Consumer Reports tested 26 different frozen grain bowl products for nutrition and taste.  CR photo Not since cereal has a meal in a bowl been so popular. Grain bowls and power bowls have been showing up more and more on restaurant menus, and now they’re lining the supermarket freezer shelves. These convenient meals come in all sorts of combinations and ...

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Finance industry sues consumer watchdog to overturn rule on bank arbitration

The litigation challenges the Consumer Financial Protection Bureau’s controversial effort to curb forced arbitration. A coalition of corporate lobbying groups, led by the U.S. Chamber of Commerce, sued the Consumer Financial Protection Bureau to overturn a rule that makes it easier for aggrieved customers to file lawsuits against financial firms. The litigation, filed Friday in a federal court in Dallas, challenges ...

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Chinese consumer lender Hexindai files for a $80 million US IPO

Hexindai, a Chinese provider of middle class consumer lending, filed on Friday with the SEC to raise up to $80 million in an initial public offering. The Beijing, China-based company was founded in 2014 and booked $34 million in sales for the 12 months ended June 30, 2017. It plans to list under the symbol HX. Hexindai filed confidentially on ...

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