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Consumer confidence in US economy grows as unemployment, coronavirus caseloads shrink

October 01, 2020 -

The surveys were conducted by the Conference Board, a non-profit private research group that counts over 1,000 public and private corporations as members, encompassing 60 countries. The survey responses were collected from Sept. 1 to 18.

The Conference Board said that its index of consumer confidence surged to 101.8 in September, from 86.3 in August. The increase – the biggest since April 2003 – reversed two months of decline and brought the index to its highest ...

TRUTH HURTS: CDC officials worried about publicity of COVID-19 vaccine studies damaging the public’s vaccine confidence

November 09, 2023 -

In one incident, a public health analyst for the Immunization Services Division of the CDC, Colin Bernatzky, pointed to a scientific study carried out by scientists from the U.S. and abroad that reached an unfavorable finding about undergoing repeated COVID-19 vaccination.

The study, which was peer reviewed and published in the journal Vaccines, concluded that receiving multiple doses of mRNA COVID-19 vaccines resulted in higher levels of IgG4 antibodies and greater ...

Consumer Reports: PLASTICS CHEMICALS are present in many popular foods

January 31, 2024 -

The organization examined 85 food items for plastic chemicals such as phthalates and bisphenols – with the endocrine disruptor bisphenol A (BPA) as one example of the latter. It found that 79 percent of foods tested – roughly four in five – contained bisphenols. Meanwhile, almost 99 percent of food items tested contained phthalates.

CR tested a variety of food items including "prepared meals; fruits and vegetables; milk and other dairy products; baby food; fast food; ...

Walmart stock plummets amid corporate warning that consumer spending is slipping

November 22, 2023 -

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 is also affecting rival Target as well as Home Depot.

While most of the numbers met or barely met expectations, it was Walmart's guidance that disappointed investors. Though Walmart slightly raised its guidance, it still failed to meet consensus estimates, especially due ...

EVs have 79% more reliability problems than gas vehicles, according to Consumer Reports

December 08, 2023 -

Plug-in hybrids fared even worse, registering 146 percent more problems than vehicles with traditional internal combustion engines.

According to Consumer Reports, the least reliable type of vehicle overall was electric pickup trucks.

They reached this conclusion based on a survey they conducted among members about issues they have had with their vehicles during the past year. Data from more than 330,000 vehicles with model years from 2000 onward was included ...

Consumer watchdog group in Canada determines COVID-19 vaccines “neither safe, nor effective”

September 21, 2023 -

NCI published a report on September 14 detailing the kangaroo process by which Fauci Flu shots received "approval" in Canada.

"It is important to understand that the COVID-19 vaccines were never approved under the traditional approval process for drugs in Canada," the report states, further explaining how Health Canada, the federal agency responsible for Canadian health policy, used an alternative authorization process called an interim order instead.

"Under ...

Core inflation still running HOT with consumer prices up 4% despite Fed manipulation

June 15, 2023 -

The Labor Department announced this week that the consumer price index (CPI), which measures what consumers pay for goods and services, rose four percent last month compared to the same month a year prior.

Compared with March, the CPI jumped 0.1 percent last month while core CPI, which excludes food and energy prices, increased 5.3 percent on a 12-month basis. Compared to a month earlier, core prices increased by 0.4 percent.

These latest figures align with what ...

Germany falls into RECESSION amid high energy prices and drop in consumer spending

June 02, 2023 -

During the first quarter of the year, the company’s GDP dropped by 0.3 percent, following a contraction of 0.5 percent during the last quarter of 2022. This meant Germany met the definition of a recession, which is two successive quarters of economic contraction.

The economic downturn in Germany saw household final consumption expenditure drop 1.2 percent during the first quarter of the year, and higher energy prices are one of the main driving factors. Although energy ...

Automakers cut programs and reassess future plans for EV production as consumer demand plummets

November 27, 2023 -

Ford Motor Co. (Ford) paused its $3.5 billion electric car plant in Marshall, Michigan. Both General Motors (GM) and Honda have also canceled a program to sell EVs for around $30,000. Ford has also postponed $12 billion in EV investment, citing market conditions.

Despite $1.7 billion of promised taxpayer incentives for its Michigan plant and site readiness, Ford claimed that it is not confident it can run the plant competitively.

A final decision has yet to be ...

Musk allegedly created secret team to SUPPRESS consumer complaints about poor EV driving range

August 01, 2023 -

Back in March, a man named Alexandre Ponsin set out on a family road trip from Colorado to California in his newly purchased Tesla, a used 2021 Model 3, that supposedly lasts 353 miles on a single charge. In reality, Ponsin's Model 3 only traveled about half that distance before failing.

"We're looking at the range, and you literally see the number decrease in front of your eyes," Ponsin said, referring to what the dashboard range meter on the vehicle displayed versus ...

EV COLLAPSE: Automakers are scaling back and delaying their EV plans as consumer demand wanes

a month ago -

For years, automakers had been riding high on optimistic sales projections and ambitious targets for EV growth. From legacy giants like Ford Motor Company and General Motors to luxury marques such as Mercedes-Benz and Jaguar Land Rover and even tech-forward newcomers like Tesla, the focus has been squarely on electrification as the future of mobility.

Initially, auto companies that make EVs like Tesla, Ford, GM and Volkswagen had ambitious plans to revolutionize transportation ...

American economy running on FUMES as consumer debt binge reaches ominous and historic fever pitch

January 25, 2024 -

This historic debt binge seemingly has no end, especially because of the increasingly harsh economic environment that is making it next to impossible for many people to continue making ends meet.

Housing costs are through the roof. Employers are laying off workers in record numbers. Poverty and homelessness are becoming the norm rather than the exception. America's southern border is wide open to limitless "asylum seekers" who are displacing and replacing American citizens....

Biden creates secret surveillance court to resume trafficking of CONSUMER DATA between American and European corporations

January 24, 2024 -

Officially known as the Data Protection Review Court, its creation was authorized in an October 2022 executive order. This court, composed of eight judges handpicked by the Biden administration, has allowed companies to continue the transatlantic data trade, now with the blessing of officials in the European Union. (Related: The White House goes rogue: Secret surveillance program breaks all the laws.)

In other words, the surveillance court was created to resume the trade ...

More Americans continue to rely on Buy Now Pay Later (BNPL) services to combat inflation and consumer debt

July 17, 2023 -

According to a survey by the Federal Reserve, approximately one in eight consumers has used a BNPL service at least once in the past 12 months, slightly up from the one in 10 who used the service in the same time period the previous year. GlobalData said the BNPL industry, valued at $309 billion, is projected to expand by over 25 percent in 2026 due to increasing demand.

Meanwhile, in a separate study of Adobe Analytics, the first two months of 2023 revealed a 40 percent ...

Consumer Reports claims children’s lunch foods (Snackables) contain toxic levels of lead, cadmium and sodium… but do they really?

9 days ago -

Consumer Reports testing found that more than 30 million schoolchildren in the U.S. are consuming processed foods that they say are contaminated with high levels of lead and cadmium. The group also lumped sodium in with the two toxins, even though sodium is not a toxin (though it is best when it comes from a natural source like a mine or the sea).

Editor's note from Mike Adams: Consumer Reports' huge warning about lead in #Lunchables food products for children is rather bizarre....

Consumer Reports: FDA’s arsenic limit in apple juice is TOO HIGH and may pose a risk to children’s health

June 29, 2023 -

Consumer Reports, a consumer advocacy organization, recently criticized the Food and Drug Administration's (FDA) final guidance on the limit for inorganic arsenic in apple juice due to concerns about possible health risks to children.

The FDA issued the final guidance on June 1, setting the action level for inorganic arsenic in apple juice at 10 parts per billion (ppb), a level that was first proposed back in 2013. The FDA's testing revealed a decrease in inorganic arsenic ...

Moody’s downgrades U.S. credit outlook from “stable” to “negative” amid political drama

November 15, 2023 -

Moody’s kept the U.S. at its highest rating of AAA, which means it was not a full downgrade. Nevertheless, a reduction in its outlook can be interpreted as a sign that Moody's expects its rating to drop in the future.

The ratings agency noted in its latest report that deficits would remain big and continue to negatively impact the U.S.’s debt affordability “with higher interest rates and without effective fiscal policy measures to reduce government spending or increase ...

JPMorgan to launch biometric payment system as next step in Orwellian financial surveillance

a month ago - consumer confidence should increase.Experts warn consumers about the dangers of biometrics

However, some experts have warned that the technology is not quite as secure as it may sound. Although it is true that a person's face or palm cannot go missing the way that a credit card might, artificial intelligence technology is growing increasingly sophisticated and can be used even by those without much technological knowledge to make fake versions of an individual's handprint, ...