Europe car sales gain most in 15 months as consumers warm to EVs
Europe’s new-car market rose the most in 15 months in July, as consumers shrugged off concerns over the global economy to splash out on fully electric and hybrid models. Registrations…
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consumers
Xiaomi’s revenue rises 31% after second EV excites consumers
Xiaomi’s quarterly revenue rose a slightly better-than-anticipated 31 per cent after the successful launch of its second electric vehicle helped counter slowing demand for smartphones.…
Luxury Consumers Are Purchasing Secondhand Hermès Birkins and Kellys to Diversify Their Assets
Hermès’ bags continue to dominate the secondhand market. Given the brand’s renown for its bags’ increasing value and the volatile state of the economy, consumers are turning to the…
Shoe Firms, Consumers Get Big Break as Trump Extends China Tariff Deadline
American President Donald Trump doesn’t want to be the grinch that stole Christmas. On Monday, he signed an executive order that extended the Aug. 12 deadline on higher tariffs for China…
Consumers Are Focused on AI-Powered and Value Spending, While Retailers Face Supply Chain Challenges for the Second Half of 2025
The first half of the year was a learning curve for everyone. The economic uncertainties with the ever-changing tariffs put in place, rapid accelerations in artificial intelligence,…
US firms passing some cost hikes to consumers: Fed survey
Many US firms passed along “at least a portion of cost increases” to consumers in recent weeks, as businesses faced higher prices linked to President Donald Trump’s tariffs, the Federal…
Consumers win in Big Tech antitrust cases
Can you imagine your life without Google? Google Search, Google Chrome, Google Maps, Google Wallet, Google Drive, the Google Pixel phone—you could probably live your entire digital life…
EcoBeautyScore Launches in Europe as Consumers Demand More Transparency
PARIS – L’Oréal Paris, Neutrogena, Nivea Q10 and Eucerin – from L’Oréal, Kenvue and Beiersdorf – are among brands starting to us the EcoBeautyScore online in some European markets, in the…
KKR starts financial advisory platform to widen choices for Singapore consumers
Global asset manager KKR has started a platform for financial advisory (FA) firms that will give customers more choices. Launched on Tuesday (Jul 1), Ascend Asia brings together…
Thanks to social media, consumers have more power than ever. Just wait until generative AI becomes commonplace
Hello and welcome to a special edition of Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to…
US firms plan to pass Trump tariff costs to consumers: Federal Reserve minutes
US firms have warned the Federal Reserve that the cost of President Donald Trump’s tariffs will likely be borne by consumers, according to minutes of the bank’s most recent rate decision.…
MAS proposes to remove some exemptions from advertisement regulations to better protect consumers
The Monetary Authority of Singapore (MAS) is proposing to amend financial advertisement requirements in a bid to boost protection for consumers. MAS currently requires financial…
AI is changing shopping. Will consumers buy in?
Carolyn Bennett remembers flipping through a yellow telephone book in the 1980s to find carpet stores and workers who refinished wood to help renovate her home. Today, the 67-year-old uses…
Japan pledges immediate rice relief for consumers to prevent shift to foreign brands
Japan’s new agriculture minister pledged on Friday to quickly move rice from government stockpiles to store shelves where they would be offered at prices significantly lower than current…
This Beauty Veteran’s New Start-up Wants to Be ‘The Brand’ for 50 and Older Consumers
After spending decades developing products for brands like Aveda, Laura Mercier, Révive Skincare and Perricone MD, beauty veteran Liz Martin is innovating for a brand of her own. Launched…
Consumers Are Pulling Back, Spooked by Tariff-Related Price Increases
As central bankers weigh the possibility of President Trump’s tariffs reigniting inflation, major companies are foreshadowing price increases and warning that shoppers are tightening their…
GM pulls forecast due to tariffs as nervous consumers rush to buy
General Motors has pulled its annual forecast, reflecting the uncertain effects of US President Donald Trump’s global trade war, even as it reported strong quarterly results. The Detroit…
A Sign That Consumers Are Anxious: They’re Cutting Back on Snacks
Consumers, worried about the economy, are pulling back on their spending, and that anxiety is translating into lower sales and profits for some of the country’s largest consumer-oriented…
DHL to stop global shipments worth over US$800 to US consumers
US President Donald Trump has launched a wide-ranging trade war since coming to office Global shipping giant DHL will “temporarily” suspend the shipping of parcels worth more than…
Consumers are connected more than ever before
The Fast Company Impact Council is a private membership community of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. Members pay…
How Consumers Shopped Beauty for Valentine’s Day 2025, According to Macy’s, Bloomingdale’s, Target and More
Fragrances for Valentine’s Day? Groundbreaking. Every year, consumers flock to retailers, both mass and prestige, to stock up on heart-shaped boxes of chocolates and gift sets of romantic…
Dip in Singapore consumers’ trust in general insurers and insurance sales staff: report
THE level of trust Singapore consumers have in general insurers and their intermediaries such as brokers and advisers slipped in 2024, compared with the previous year, a study has found.…
As Argentina's inflation rate cools, consumers still feel squeezed
BUENOS AIRES (Reuters) - Argentine President Javier Milei's dramatic austerity agenda has helped lower inflation, but the slowdown has come at the cost of consumption in a battered economy…
Mastercard earnings top estimates as consumers keep spending
MASTERCARD reported profit that beat analysts’ estimates, helped by a boost in cross-border transactions. The company posted adjusted earnings per share of US$3.89 in the third quarter on…