Friday, August 13, 2021

Consumer sentiment suddenly crashes below early-pandemic levels

Americans are extremely worried about the Delta variant and the spike in Covid-19 cases. A key survey of consumer confidence plunged in August below where it was in April 2020 when the first Covid-19 outbreak slammed the brakes on the US economy.
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Consumer sentiment suddenly crashes below early-pandemic levels
Americans are extremely worried about the Delta variant and the spike in Covid-19 cases. A key survey of consumer confidence plunged in August below where it was in April 2020 when the first Covid-19 outbreak slammed the brakes on the US economy. Read more »
 
Used car price hikes may soon be over
Used car prices may finally be peaking. Read more »
 
How extreme weather is making food more expensive
Devastating heat. Debilitating droughts. Crippling frost. Extreme weather is creating nightmares for farmers around the world -- and making food more expensive for Americans. Read more »
 
An anonymous hacker stole $600 million in cryptocurrency, then gave it back
An anonymous hacker who stole more than $600 million from the decentralized finance platform Poly Network this week has returned virtually all of the money — and apparently turned down a half-million-dollar reward offered by the company for exposing its security vulnerability. Read more »
 
Airbnb warns that the Delta variant could disrupt travel
Airbnb had a blockbuster second quarter, with revenue soaring nearly 300% and topping expectations. But it also reported some bad news: The company is worried about the Delta variant's impact on consumers' future travel plans. Read more »
 
Vaccine mandates for workers could become the new normal
A growing number of major companies are exploring vaccine mandates for their employees as the Delta variant continues to spread through America and around the world. Read more »
 
 
 
 
Dow Nasdaq S&P
+15.53   +6.64   +7.17
35,515.38   14,822.90   4,468.00
+0.04%   +0.04%   +0.16%
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Pfizer Inc +2.62%
 
Tyson Foods Inc +2.34%
 
Global Payments Inc +2.13%
 
Organon & Co +2.12%
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HP Inc -4.57%
 
Occidental Petroleum Corp -4.02%
 
Gap Inc -3.70%
 
Best Buy Co Inc -3.68%
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