Business, Technology, Logistics

Amazon Names Logistics Head Dave Clark New Consumer CEO

Dave Clark will take over for Jeff Wilke as Amazon's retail CEO. Dave Clark, pictured here in front of a Prime delivery van in June 2018, will take over for Jeff Wilke as Amazon's retail CEO. (Ted S. Warren/Associated Press)

Amazon .com Inc. has named logistics boss Dave Clark CEO of its retail business.

Matt Day | Bloomberg News
August 21, 2020
Government, Business

US Core Consumer-Price Gauge Climbs Less Than Forecast

Shopping Getty Images

A gauge of underlying U.S. inflation rose less than forecast in December, restrained in part by a deceleration in shelter costs and underscoring the Federal Reserve’s view that price pressures are muted.

Vince Golle | Bloomberg News
January 14, 2020
Government, Business

Jobs, Stocks Boost Consumers’ Outlook on Economy

Consumers Shoppers at the Menlo Park Mall in Edison, N.J. (Michael Nagle/Bloomberg News)

American consumers are more upbeat about the economy than at any time in more than a year against a backdrop of steady job gains and record stock prices.

Vince Golle | Bloomberg News
December 19, 2019
Government, Business

US Consumer Comfort Falls to Seven-Month Low on Finance Views

Shoppers at JCPenney Shoppers at a new JCPenney store Nov. 1, 2019, in Hurst, Texas. (Rex Curry/AP Images for JCPenney)

U.S. consumer comfort fell to the lowest level since March as ratings of the economy, personal finances and the buying climate all slumped, a potential sign of faltering in the strong support consumers are giving the expansion.

William Edwards | Bloomberg News
November 7, 2019
Government, Business

Consumers Gauge Inflation Better Than Economists, CBO Finds

Consumer Getty Images

A new Congressional Budget Office research paper showing consumer price expectations better gauged the future direction of inflation than economists’ forecasts over two decades through 2018.

Katia Dmitrieva | Bloomberg News
August 6, 2019
Government, Business, Technology

Congress Opens Bipartisan Probe of Competition in Tech Industry

Amazon Alex Kraus/Bloomberg News

The House Judiciary Committee is joining the rush to investigate big technology companies, with a focus on whether increased concentration in the industry is crowding out competition and hurting consumers.

June 4, 2019
Government, Business

Consumer Sentiment Eased in October; Level Remains ‘Quite Favorable’

Consumer Getty Images

U.S. consumer sentiment unexpectedly dipped in October to a still-elevated level amid slightly dimmer views of personal finances and the long-term economic outlook, according to a University of Michigan report Oct. 12.

Shobhana Chandra | Bloomberg News
October 12, 2018

Many Americans Missing Solid Job Market’s Bounty, Fed Poll Shows

David Paul Morris/Bloomberg News

Many U.S. households remain in a precarious financial position despite unemployment falling to the lowest level in years, a new Federal Reserve survey shows.

Matthew Boesler | Bloomberg News
May 22, 2018

Consumer Comfort Index Declines for Fourth Straight Week

Getty Images

Americans’ sentiment fell for a fourth straight week as still-rising gasoline prices drove a measure of the buying climate down by the most in eight months, the Bloomberg Consumer Comfort Index showed May 17.

Shobhana Chandra | Bloomberg News
May 17, 2018

Retail Sales Gain Points to Healthier Second Quarter


U.S. retail sales rose in broad fashion last month as bigger after-tax paychecks helped compensate for rising fuel costs, signaling consumer demand was off to a firm start this quarter.

Shobhana Chandra | Bloomberg News
May 15, 2018