consumer

Tesla lowered prices.  Now Wall Street is cutting earnings estimates by that much.

Tesla cuts prices, Wall Street cuts estimates. Investors don’t care.

font size Tesla is trying to increase demand by lowering the prices of its electric cars. Joe Riedel/Getty Images Tesla She started the new year with a bang, lowering the prices of her cars all over the world. Wall Street is now making its own cuts, to 2023 earnings estimates. Analysts seem to agree that …

Tesla cuts prices, Wall Street cuts estimates. Investors don’t care. Read More »

Goldman missed earnings estimates as deal-making declined and the consumer business took a hit

Goldman missed earnings estimates as deal-making declined and the consumer business took a hit

(Reuters) – Goldman Sachs Group (GS.N.) on Tuesday reported a larger-than-expected 69 percent drop in fourth-quarter profit as it struggled with stagnant deal-making and slumping asset and wealth management revenues booked into its consumer business. Wall Street banks are making deep workforce cuts and streamlining their operations as deal-making activity, their main source of revenue, …

Goldman missed earnings estimates as deal-making declined and the consumer business took a hit Read More »

Tesla lowered prices.  Now Wall Street is cutting earnings estimates by that much.

Tesla cuts prices, Wall Street cuts estimates. Investors don’t care.

font size Tesla is trying to increase demand by lowering the prices of its electric cars. Joe Riedel/Getty Images Tesla She started the new year with a bang, lowering the prices of her cars all over the world. Wall Street is now making its own cuts, to 2023 earnings estimates. Analysts seem to agree that …

Tesla cuts prices, Wall Street cuts estimates. Investors don’t care. Read More »

Tesla lowered prices.  Now Wall Street is cutting earnings estimates by that much.

Tesla lowered prices. Now Wall Street is cutting earnings estimates by that much.

font size Tesla is trying to increase demand by lowering the prices of its electric cars. Joe Riedel/Getty Images Tesla She started the new year with a bang, lowering the prices of her cars all over the world. Wall Street is now making its own cuts, to 2023 earnings estimates. Analysts seem to agree that …

Tesla lowered prices. Now Wall Street is cutting earnings estimates by that much. Read More »

U.S. consumer prices fell for the first time in more than 2 1/2 years in December amid declining prices for gasoline and motor vehicles, offering hope that inflation was now on a sustained downward trend.

inflation recedes as consumer prices fall; The job market is still tight

US consumer prices fell for the first time in more than two and a half years in December amid lower gasoline and auto prices, giving hope that inflation was now on a sustained downward trend. (Sarah Silbiger, Reuters) Estimated reading time: 5-6 minutes WASHINGTON — US consumer prices fell for the first time in more …

inflation recedes as consumer prices fall; The job market is still tight Read More »

Why the stock market was not affected by the first monthly drop in consumer prices in more than two years

Why the stock market was not affected by the first monthly drop in consumer prices in more than two years

Inflation data may not be the biggest catalyst for stocks as it used to be. US stocks rebounded near a close higher on Thursday, although investors got some encouraging inflation news after the consumer price index for December showed its first monthly decline since the pandemic swept across the globe in 2020. Given that inflation …

Why the stock market was not affected by the first monthly drop in consumer prices in more than two years Read More »

Inflation in the United States is subsiding as consumer prices fall;  The job market is still tight

Inflation in the United States is subsiding as consumer prices fall; The job market is still tight

Consumer prices fell 0.1% in December The Consumer Price Index increased by 6.5% year-on-year Core CPI rose 0.3%; 5.7% increase year-on-year Weekly jobless claims drop from 1,000 to 205,000 WASHINGTON (Reuters) – American consumer prices fell for the first time in more than two-and-a-half years in December amid lower gasoline and auto prices, giving hope …

Inflation in the United States is subsiding as consumer prices fall; The job market is still tight Read More »

China's large consumer market has not recovered to pre-epidemic levels yet

China’s large consumer market has not recovered to pre-epidemic levels yet

Tourists visit ice sculptures in Harbin, Heilongjiang Province, on New Year’s Day 2023. China News Service | VCG | Getty Images BEIJING — It will take some time for Chinese consumers to really start spending again, despite China’s sudden shift toward reopening. About a month after Guangzhou resumed in-store dining, local coffee shop owner Timothy …

China’s large consumer market has not recovered to pre-epidemic levels yet Read More »

HTC finally has a standalone consumer VR headset |  Engadget

HTC finally has a standalone consumer VR headset | Engadget

After years of informally exiting the consumer VR space in favor of enterprise products, HTC is back with its first consumer standalone headset. The Vive XR Elite is the $1,100 flagship for virtual reality and transient mixed reality (MR). Although this pushes it out of the Meta Quest 2’s $400 price range, HTC’s product compares …

HTC finally has a standalone consumer VR headset | Engadget Read More »

Top consumer complaints about credit reporting agencies in the CFPB report

Top consumer complaints about credit reporting agencies in the CFPB report

Wealth Partners investment strategist Luke Lloyd addresses the biggest risks to the 2023 economy, which could include a mild recession and a credit crunch. The Consumer Financial Protection Bureau (CFPB) released a report Tuesday detailing complaints about consumer credit reporting agencies and their efforts to address those concerns. The CFPB is required by the Fair …

Top consumer complaints about credit reporting agencies in the CFPB report Read More »