Tag Archives: consumers

Attorneys general from the District of Columbia and three states sued Google on Monday, claiming the search giant misled consumers to gain access to their location data. The lawsuits from D.C., Indiana, Texas and Washington allege Alphabet Inc.’s Google GOOGL, -4.18% GOOG, -3.88% deceived users from at least 2014 to 2019 by leading them to believe that turning off “location history” settings would stop tracking… Source link

By Jonnelle Marte    (Reuters) – U.S. consumers expect their monthly spending to grow above pre-pandemic levels this year but people are becoming less likely to spend big on vacations and other non-essential items – a sign that more households may be more concerned about rising prices, according to a survey released Monday by the New York Federal Reserve.    The survey showed that consumers expect to spend more on daily living expenses in the coming year. But it also showed that… Source link

We don’t make stock recommendations at Yahoo Finance but we can offer up this bit of advice — if you are in the market for a can of Sherwin-Williams (SHW) paint to spruce up the house this spring it’s best to buy it now.  The paint maker said Friday it will be taking an eye-popping 12% price increase on Feb. 1 inside its Americas segment as inflationary pressures in raw materials and labor continue to wreak havoc on the company’s business.  “As we enter 2022, demand remains strong across… Source link

LONDON, Dec 14 (Reuters) – Google (GOOGL.O) and Apple (AAPL.O)hold a “vice-like” grip over how people use mobile phones, stripping any meaningful choice from the system for customers, Britain’s competition regulator said on Tuesday. The Competition and Markets Authority said it had provisionally found that the two groups were able to leverage their market power to create largely self-contained ecosystems. An ability to determine which apps are available on their systems could also lead to… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, November 18, 2021 A link between fatter paychecks, bargain hunting and plastic  It’s common knowledge that inflation is eating away at consumers’ ability to spend, as the most basic necessities like groceries and energy extend a relentless spike. Less understood, however, is exactly why consumers keep opening their wallets as prices… Source link

A 3D printed Android mascot Bugdroid is seen in front of a Google logo in this illustration taken July 9, 2017. REUTERS/Dado Ruvic/Illustration Google challenging record $5 bln EU fine in court case Consumers use Google because it’s the best – Google lawyer EU lawyer says Google stacked the odds in its favour LUXEMBOURG, Oct 1 (Reuters) – Billions of people use Google because it’s the best, not because of deals the company made to stay competitive, Google’s lawyer said on Friday, wrapping up a… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, September 28, 2021 High demand + bottlenecked supply + spiking prices = no relief  The economy is still growing — albeit a touch more slowly. And while sentiment indicators suggest otherwise, the consumer still appears more than willing to spend in the face of rising inflation and raging COVID-19 infections. According to Kenneth Leon,… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, August 16, 2021 Consumer sentiment falls off a cliff in August On Friday morning, our Morning Brief newsletter noted that research from Bank of America suggested a consumer slowdown is likely to be reflected in July’s retail sales report, due out Tuesday morning.  Just hours later, hard data on how consumers feel about their economic… Source link

A look at search activity on Google indicates that U.S. consumers may be cooling off a little bit. Ben Breitholtz, a data scientist at Arbor Research, examines Google search activity as a gauge for consumer sentiment. On an episode of the “Odd Lots” podcast last year, he explained how watching this data was helpful in navigating the recovery in real time. Right now, he’s seeing some signs that the torrid pace of consumption we’ve seen is starting to cool just a little. … Source link

Q: For people that use Yahoo! or AOL email, what happens to their accounts now that Verizon has sold these assets? Will they need to seek out new providers? How does this work for consumers?   — Connie G., Hobe Sound  A: In May 2021, Verizon sold its equity share in both AOL and Yahoo! to Apollo Global Management for approximately $5 billion. In addition to the main brands involved, the sale also included entities like TechCrunch and Engadget, as well as a number of AOL and… Source link