Tag Archives: consumers

Americans opened their wallets in April

Americans increased their spending in April at retail businesses, buying more cars and clothes while paying less for gas. The rebound from a weak March suggests consumers may help boost economic growth again this spring. Continue reading

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Last Call: FHA Mortgage Insurance Discount Set to Expire

By Julian Hebron of The Basis Point. NEW YORK (TheStreet) — The home loan product that carried low-down-payment consumers and the U.S Continue reading

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Google launching same-day delivery service for online shoppers

Internet search leader Google is taking another step beyond information retrieval into grocery delivery.The new service, called Google Shopping Express, will initially provide same-day delivery of food and other products bought online by a small group of consumers in San Francisco and suburbs located south of the city. The company, based in Mountain View, Calif., didn’t say how many people wil… Continue reading

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EU slaps Microsoft with $733 million antitrust fine

The European Union fined Microsoft Corp 561 million euros ($733 million) on Wednesday for failing to offer consumers a choice of web browser, a charge that will act as a warning to other technology firms involved in antitrust disputes with the EU. Continue reading

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Drivers may soon find relief at the gas pump

It may not be fast enough for some consumers, but the drop in pump prices is accelerating. Retail gasoline prices are down a penny overnight to $3.74 a gallon for the national average on Tuesday, which is down 3 cents from a year ago. Continue reading

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FCC to investigate cell phone unlocking ban

A new law recently went into effect that made it illegal to unlock a cell phone purchased from a carrier without prior permission. The decision was met with widespread backlash from consumers and resulted in an online petition that was singed by more than 100,000 people asking the government to reverse the law. According to TechCrunch, the Federal Communications Commission plans to investigate whether the ban is harmful to consumers and competition in the industry Continue reading

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Dairy industry wants fake sweetener rules eased

Two milk trade groups are asking the Food and Drug Administration for greater flexibility in how they inform consumers when artificial sweeteners are added to kid-friendly products such as chocolate milk. Continue reading

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3 Myths About Fueling Up Your Car or Truck

NEW YORK (MainStreet) — Don’t look now, but the price of gasoline is climbing again, with some U.S. cities seeing gas going for $4 per gallon. Officially, the U.S Energy Information Administration has gasoline at $3.75 per gallon this week, up from $3.54 only two weeks ago. Continue reading

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Wesfarmers Profit Up, Coles Sales Growth Offsets Mining Weakness

Australian conglomerate Wesfarmers Ltd. (WES.AU) said Thursday its first-half net profit rose 9.3% on the back of strong sales at its Coles supermarket chain, in the latest sign that consumers are protecting their food budget even as they scale back spending elsewhere on the high street. Continue reading

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