Corporations (and governments) or rather people in corporations and governments truly do not care about the safety of ‘your’ data, period. The only negligible care factor involved is when a data breach occurs how much it’s going to cost the organisation. UNTIL governments enact harsh fines and implications against individuals, NOTHING will change. The Court […]
Posts Tagged ‘consumer’
Biden looks to boost worker, consumer power as election looms
The Biden administration has issued a flurry of new rules over the past week aimed at increasing worker and consumer power as the president seeks to combat gloom about the economy ahead of what is expected to be a tight election. The Federal Trade Commission (FTC) voted last Tuesday to ban noncompete agreements that block… […]
Consumer Warning: Cygnett phone charger sold at JB Hi-Fi and Officeworks is urgently recalled over fire fears
The Cygnett MagMove 5K dual magnet power bank (pictured) is being urgently recalled over fears the wireless device could catch fire if it overheats Consumers who bought the device have been urged to stop using the power bank immediately and return it to the place of purchase. Five models of the power bank have been affected […]
Producer prices and consumer prices both came in hot in January
Wholesale and retail prices rose more than expected in January, data pointing to the stubbornness of inflation that could lead the Federal Reserve to put off cuts to interest rates. The producer price index (PPI), which measures how much businesses pay to each other for goods and services, rose 0.3 percent in January, above expectations… […]
Australian Competition & Consumer Commission – Internet activity report
For the period ending 30 June 2023 December 2023 See report: Source Views: 0
EVs Have 80% More Problems Than Traditional Gas Vehicles, Consumer Reports Finds
A new report from Consumer Reports found that electric vehicles have almost 80% more problems and are “generally less reliable” than conventional internal combustion engine cars. Good thing every major government around the world is subsidizing their use in the name of ‘climate change’, right? Even worse than electric vehicles were plug-in hybrid electric vehicles, […]
Black Flag Friday: Could Yesterday Be A Harbinger Of A Tapped-Out Consumer?
Authored by Charles Hugh Smith via OfTwoMinds blog, If Black Friday is a bust, it may be a harbinger of what the mainstream has long considered impossible: the American consumer is well and truly tapped out. Could Black Friday be a complete bust this year? Let’s explore the potential sources of a Black Flag Friday. Black flags are used […]
Walmart stock plummets amid corporate warning that consumer spending is slipping
The world’s largest retailer failed to deliver this week on its reported Q3 results, which were dismal and point to rapidly deteriorating consumer spending across America. Walmart reported earnings that generally beat on revenue and earnings, but Wall Street was expecting more, which sent the company’s stock tumbling. Discretionary purchases are down in general, which […]
“Choiceful” Usage By CEOs Hits Record In Earnings Calls To Describe Consumer Slowdown
Corporate executives in the US, including those from Walmart to McDonald’s, have found a new favorite word to characterize the slowdown in consumer spending: “choiceful.” Data from the Bloomberg Document Search function shows the number of times “choiceful” was mentioned in third-quarter earnings calls hit a record high of 22, nearly double from 12 in […]
Apple – Anti Consumer, Anti Competitive, Anti Right to Repair
Apple is technically against the consumer. The product is stifled, the consumer is not obtaining the benefit of current technology. Apple is also against you with regards to your lawful right to repair the product, where it goes out of its way to deliberately engineer components that when replaced will not work in your legally […]
“Cardboard Box Recession” An Ominous Sign Of Faltering Consumer, Schwab Warns
“Cardboard Box Recession” An Ominous Sign Of Faltering Consumer, Schwab Warns Earlier this year, Charles Schwab analyst Jeffrey Kleintop said the US was sliding into a “cardboard box” recession as consumers and small businesses were pressured by soaring interest rates and elevated inflation. On Tuesday, Kleintop joined Morningstar’s The Long View podcast to warn, yet again, that slowing demand […]
Goldman Warns About Shipping Recession As Consumer Sputters
Goldman Warns About Shipping Recession As Consumer Sputters Since global shipping peaked during the Covid pandemic, A.P. Moller-Maersk has warned about an emerging downturn in the container shipping market. Goldman now forecasts a lengthier and potentially more severe downturn for the shipping industry, recommending a sell for the Danish shipping giant: “We believe market expectations […]
How the Supreme Court can rein in the Consumer Financial Protection Bureau
The agency faces a crucial test of its legitimacy. Source Views: 0
A Consumer Credit Cycle Has Begun
A Consumer Credit Cycle Has Begun Authored by Steven Vanelli via Knowledge Leaders Capital blog, With government stimulus over, accumulated savings starting to become depleted, rents soaring, and student loans about to switch back on, it appears a credit cycle has begun where borrowers struggle to fulfill their financial commitments. In the charts below, we […]
Consumer Goods Monopoly Consolidation – The Drug Dealers and the Company Store
Are Monopolized Food Companies and Military Contractors Putting Toxins in the Food Supply? Source Views: 0
Consumer Advocacy Group Releases Report Warning Congress About Dangers of ESG Investing
Consumers’ Research, an advocacy group, sent a letter and an extensive report this week to Congressional leaders, explaining the inner workings of environmental, social, and governance (ESG), which lays out a roadmap to prevent the movement’s growing influence. Source Views: 0
CONSUMER ALERT: The Deadly Reason Tylenol Should Be Banned Immediately
Tylenol, a trademarked form of the chemical known as acetaminophen or paracetamol, is one of the most commonly used painkillers in the United States today. Source Views: 0
Consumer Warning: Eufy surveillance products not safe for your privacy!
Have Australian ‘consumers’ been warned by the authorities of Anker’s sub brand Eufy’s false advertising and security risk? Basically Anker should be in the courts for false advertising which has been exposed on various tech channels approx. two weeks ago. The products (deliberately) do not feature encryption as stated, which makes them easily hackable with […]
Indiana sues Tiktok over consumer data access and sexual content
(Natural News) The Indiana Office of the Attorney General (AG) filed lawsuits on December 7 against the popular Chinese-owned app TikTok for deceiving users about China’s access to their data and exposing children to inappropriate explicit content. According to AG Todd Rokita, the short-video sharing app owned by ByteDance has violated the state’s consumer protection… […]