The Conference Board Consumer Confidence Index for December was 104.7, compared with expectations of 113 and a previous value of 111.7.
Federal Reserve Bank of New York: Consumer inflation expectations for the next three years are 2.7%, compared with 2.5% previously. Consumer inflation expectations for the next five years are 2.9%, compared with 2.8% previously.
US consumer confidence unexpectedly plummeted, and gold hit a new high for the third day in a row! The central bank's new policy "combination fist" detonated Chinese assets, Israel launched intensive air strikes, Hezbollah asked Iran to join the war..... What major events happened around the world last night and this morning?
On September 17th, the Hefei High-tech Zone Market Supervision and Administration Bureau issued a notice: Recently, the "Hong Kong Meicheng Mooncake" of the live broadcast of Three Sheep Network Technology Co., Ltd. has attracted attention. An investigation has been initiated into the suspected "misleading consumers" and other acts of Three Sheep Network Technology Co., Ltd. during the live broadcast, and will be dealt with in accordance with laws and regulations according to the results of the ...
The European Consumer Organization (BEUC) and 22 member organizations from 17 countries today called on the European Commission and the European Network of Consumer Authorities (CPC-Network) to take stronger enforcement measures against video game companies that maximize consumer spending through the use of in-game digital currencies. A report by the two watchdogs points to the growing use of in-game digital currencies for in-game purchases, especially in free-to-play games.
Consumers' Research, a US consumer advocacy group, issued a report on September 12 warning stablecoin issuer Tether of problems with the transparency of its dollar reserves. The group pointed out that Tether has not yet provided a full audit by a well-known accounting firm, despite repeated promises to do so. They also compared this lack of transparency to the situation before the collapse of FTX and issued an open letter to US governors highlighting the latent risks of Tether. At the same time,...