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Target’s profit soars on strong sales. ‘Consumer confidence is on the rise,’ says CEO.
Target's clothing sales spiked more than 60%. Sales of home goods rose in the mid-30% range......»»
Here are the Top 10 consumer complaints in New York state from 2020
Many consumer complaints in New York stem from pandemic, report says.....»»
: Consumer complaints to CFPB reached record highs last year — this was America’s No. 1 problem
‘As consumers dealt with the economic fallout of the pandemic, they increasingly faced problems with financial companies.’.....»»
Apple will replace the batteries that won"t hold a charge in certain MacBook Pros for free
Apple said only "a very small number of customers" are affected by this issue, which is leaving some MacBooks unable to charge beyond 1%. Apple Apple will replace batteries in MacBook Pro models from 2016 and 2017 that won.....»»
China regulators met with Tesla to discuss consumer complaints, Reuters reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Debt collectors, payday lenders collected over $500 million in federal pandemic relief
More than 170 of those recipients have been named in multiple consumer complaints, racking up at least 100 with the Consumer Financial Protection Bureau, according to The Washington Post’s analysis......»»
Coronavirus scams cost people $7 million in the first 9 days of April — accounting for more losses than throughout the rest of the pandemic
YouTube; Paige Leskin/Business Insider The FTC has received more than 15,000 coronavirus-related consumer complaints of fraud and scams in 2020, including 7,200 complaints in the first nine days of April. Scammers and grifters have increasingly been cap.....»»
Oregon AG names top consumer complaints for 2019
Oregon's Consumer Protection Section each year processes thousands of complaints from consumers who report scams and fraud. And each year it ranks the business categories that rack up the most. "We don't care if somebody was ripped off for $15 or $.....»»
Nearly a year after it began, the Boeing 737 Max crisis still drags on. Here"s the complete history of the plane that"s been grounded since 2 crashes killed 346 people 5 months apart. (BA)
Boeing When the 737 Max was announced in 2011 and entered service in 2017, the plane was touted as the next generation of a tried-and-tested workhorse of consumer aviation. The Max, a 737 with new more fuel-efficient e.....»»
Online Sales of Fake Products a $1 Billion Issue for US Consumers
Online sales of counterfeit products including apparel and consumer electronics is both costly and dangerous to American consumers......»»
The Wall Street Journal: Facebook blames holiday outages on central software system
In a statement just after midday, the social-media giant blamed the issue on a problem in its central software systems. Complaints from users started surfacing midmorning Thursday on the East Coast......»»
Game on for toy retailers this season
Retailers are angling to become this holiday season’s top toy destination by expanding their exclusive toy selections and focusing on prices and consumer experience. After Toys "R" Us filed for bankruptcy in 2017 and closed all stores in 2018, l.....»»
Dispensed: The state of the consumer genetics market, a thorny issue facing Medicare for All, and a very Happy Thanksgiving to you all
Hollis Johnson/Business Insider Hello, Welcome to a very special mid-week edition of Dispensed, in which the smell of pies baking is already starting to fill the air and we're looking forward to a long .....»»
Visibility Into Operations Is The Biggest Issue Plaguing Supply Chains
Rising consumer expectations on delivery standards have compelled supply chains to react faster and push .....»»
Factbox: Major U.S. retail bankruptcies since 2017
Forever 21 Inc on Sunday became the latest U.S. retailer to file for bankruptcy, succumbing to the twin challenges of changing consumer tastes and a relentless shift to online shopping......»»
Keeping the Consumer Protection complaints database public is a big win for consumers
The financial industry is bewildering for many. The database helps consumers find their way......»»
Bonobos founder and Walmart exec Andy Dunn shares the story of how he bewildered a Bank of America teller during the 2008 financial collapse (WMT)
Kathy Willens / AP Images Andy Dunn, Walmart's senior vice president of digital consumer brands, recently shared a memory about his early days with Bonobos. In 2017, Dunn sold his online menswear brand Bonobos to Walmart for $310 mi.....»»
Economic Report: Consumer borrowing expands in July at fastest rate in nearly two years
Consumer credit expanded $23.2 billion or at a 6.8% annual rate in July, the fastest pace since November 2017, the Federal Reserve said Monday......»»
Growing Number of Parents Expect Their Kids to Pay for College
Student loan debt can be a killer, accounting for the most U.S. consumer debt in any category other than mortgages. Nearly 58% of graduates of four-year nonprofit public and private colleges in 2017........»»
How the $700 million Equifax settlement could leave you high and dry
The perpetrators of the 2017 hack have yet to be identified, so it’s impossible to know what their motivations were and how consumer information may be used......»»