On March 15th, today, the China Consumer Association announced the top ten consumer rights protection public opinion hotspots in 2024, involving the following outstanding issues of consumer rights protection: ① "Professional store closures" help merchants run away and harm consumers; ② Concert "wrong goods" and "pillar tickets" affect consumer experience; ③ Automatic renewal service "hidden mystery" was complained by consumers; ④ Consumers questioned the platform's big data "kill"; ⑤ D...
On March 6, Minister of Finance Lan Foan said at the economic theme press conference of the third session of the 14th National People's Congress on March 6 that the linkage between fiscal and financial policies will be strengthened, and two new loan discount policies will be implemented to stimulate consumption momentum. One is to give financial discount to personal consumption loans in key areas to reduce the pressure on current expenditure. The other is to provide financial discount to busines...
US consumers' expectations of long-term inflation rose to their highest level in three decades amid fears that Mr. Trump's tariffs will lead to higher prices. According to the University of Michigan's Consumer Confidence Survey, consumers expect prices to rise at an annual rate of 3.5 per cent over the next five to 10 years, the highest level since 1995 in data compiled by Bloomberg.
U.S. consumers are increasingly concerned about potential price increases and economic uncertainty. Click to view...
Federal Reserve Governor Paul Waller: The recent consumer price index has been disappointing, but this may be due to seasonal adjustment issues.
Another class of employees at the U.S. Consumer Financial Protection Bureau (CFPB) received termination notices on Thursday, according to five sources and the termination letter, suggesting the Trump administration is firing federal employees more than just probation period employees. The notices were sent to dozens of so-called "fixed-term employees," all full-time employees with contracts with termination dates. The notices show the termination letters, dated Feb. 13, were sent by Adam Martine...
President Trump: [Asked if consumers can expect prices to rise] Not necessarily.
According to the official announcement, the decentralized AI consumer layer project MyShell will hold a token generation event (TGE) on Binance Wallet and PancakeSwap on February 13 from 10:00 to 21:59 (UTC + 8). The total amount of SHELL tokens raised in this issue is 800,000 US dollars, and the circulation is 40 million, accounting for 4% of the total supply. Users can use BNB to participate in the subscription, the unit price is 0.00003175 BNB (about 0.02 US dollars), and the single user subs...
The head of the U.S. Consumer Financial Protection Bureau's Enforcement and Oversight Division has announced his resignation.
Public Citizen, a government, business, and consumer watchdog, has called for a federal investigation into whether Trump violated laws banning gift solicitation by launching Meme, raising concerns about the existence of untraceable foreign payments. Public Citizen filed a formal complaint Wednesday with the Justice Department and the Office of Government Ethics, alleging that Trump's social media posts were used to promote the TRUMP token after taking office in January. The Justice Department, t...
Rohit Chopra, who served as director of the Consumer Financial Protection Bureau (CFPB) during the Biden administration, was removed from his post by the Trump administration, according to people familiar with the matter. Chopra published a letter to Trump on X on Saturday, which read "This letter confirms that my term as CFPB director has ended." Chopra was confirmed by the Senate in September 2021. His departure was expected partly because of his aggressive regulatory style and partly because ...
The preliminary value of the Eurozone Consumer Confidence Index in January was -14.2, expectations were -14.2, and the previous value was -14.2.
The Bank of Canada has announced the cancellation of interest rate guidance, and the threat of tariffs is imminent.
The U.S. Conference Board Consumer Confidence Index for January was 104.1, with expectations of 105.6 and a previous value of 104.7.
The final value of the University of Michigan Consumer Confidence Index in January was 71.1, with expectations of 73.2 and a previous value of 73.2.