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Search resuls for: "Consumer Psychology"


9 mentions found


☆ Why Some People Don’t Talk About Money With Their Partner
  + stars: | 2024-06-28 | by ( Ann Carrns | ) www.nytimes.com   time to read: +1 min
People worried about bills, feeling overwhelmed about overspending or concerned about money management may expect a “money talk” to lead to an argument, so they avoid bringing up the topic, according to a report from researchers at Cornell University and Yale University, published this month in The Journal of Consumer Psychology. Yet prior research has found that communicating about money helps couples spend more responsibly and better manage their debt. Why is it so difficult for some people to talk about money with their partners in the first place? Aja Evans, a financial therapist in New York, said people may feel ashamed that they are having money troubles. (Financial therapists aim to help clients understand how their emotions and beliefs about money can affect their financial behavior.)
Persons: ”, Emily Garbinsky, Aja Evans Organizations: Cornell University, Yale University, Consumer Psychology Locations: New York
☆ US consumers worry inflation will pick up again, UMich survey finds
  + stars: | 2023-11-22 | by ( ) www.reuters.com   time to read: +3 min
"These expectations have risen in spite of the fact that consumers have taken note of the continued slowdown in inflation," survey Director Joanne Hsu said in a statement. But progress this year has been inconsistent, and Fed officials remain wary of the potential for a reversal. That said, the University of Michigan survey results are at odds with other measures of inflation expectations that have shown they have in fact been moderating. A New York Fed survey of consumers last week, for instance, showed inflation expectations over both one-year and five-year horizons eased in October even as the Michigan survey showed them accelerating. Market-based measures of inflation expectations are also declining.
Persons: Joanne Hsu, Quincy Krosby, Dan Burns, Chizu Organizations: Federal Reserve, University of Michigan's, Fed, Global, LPL, University of Michigan, New York Fed, . Treasury, Securities, Thomson Locations: Michigan
☆ The Auto Workers Strike Will Drive up Car Prices, but Not Right Away -- Unless Consumers Panic
  + stars: | 2023-09-16 | by ( Associated Press | Sept. | At A.M. | ) www.usnews.com   time to read: +6 min
The UAW began striking at factories that make only a few vehicles – Ford Broncos and Rangers, Jeep Wranglers, Chevrolet mid-size pickups and GMC vans. Car prices were rising long before the auto workers even raised the possibility of a strike. Prices are almost certain to rise even if the strike is settled quickly, because the auto makers' labor costs will increase. “They could double our wages and not raise car prices and still make billions of dollars in profit,” he said during an online presentation to union members this week. It's all enough to make many motorists consider avoiding the car lot and keeping their current car a while longer.
Persons: Stellantis, ”, Ivan Drury, isn’t, Garrett Nelson, ” Nelson, “, we’re, Tesla, Drury, Kelley, Patrick Anderson, Shawn Fain, Edmunds Organizations: DALLAS, United Auto Workers, Dealers, General Motors, UAW, Detroit, Ford Broncos, Rangers, Jeep Wranglers, Chevrolet, GMC, Chevrolet Silverado, Tahoe, GMC Sierra, Ford, CFRA Research, GM, Fiat Chrysler, Toyota, Honda, Consumers, Federal Reserve Bank of New, Anderson Economic Group, Stellantis, “ Locations: Edmunds, Mexico, Federal Reserve Bank of New York
☆ Following CPI report, the market has locked in on no more rate hikes from the Fed
  + stars: | 2023-08-10 | by ( Jeff Cox | ) www.cnbc.com   time to read: +4 min
The market has its mind made up: July's tame inflation reading means no more interest rate hikes from the Federal Reserve. The "patience" reference goes to whether policymakers will be satisfied that inflation will come back to normal without any further rate increases, or if additional tightening is necessary. Following Thursday's release of the consumer price index , which showed a 12-month inflation rate of 3.2%, markets upped their bets that the Fed is staying put. The chance of any additional rate increases also declined, dropping to 27.3% for November and 24.1% for December, as of about 1:30 p.m. Thus, there was some caution from the CPI internals, and a stock market rally cooled Thursday afternoon as Wall Street digested the report.
Persons: Quincy Krosby, Bill Adams, Rick Rieder, Tom Lee, Bradley Saunders Organizations: Federal, LPL, of Labor Statistics, Fed, Comerica Bank, Market Committee, Capital Economics Locations: BlackRock
☆ OPEC’s surprise production cut complicates the Fed’s fight against inflation
  + stars: | 2023-04-08 | by ( Bryan Mena | ) edition.cnn.com   time to read: +3 min
Energy prices across the globe surged last year when Russia invaded Ukraine, fueling global inflation just as the world’s major economies were beginning to rebalance after the pandemic. Now, with oil prices surging once again, headline inflation could remain elevated for longer or even rise. Even core inflation could be affectedWhile Fed officials consider multiple economic metrics in order to inform their decision making, one of their main points of focus is core inflation, which strips out volatile food and energy prices. However, higher oil prices can eventually push up core prices if they remain elevated for long enough. However, he acknowledged the eventual impact of higher prices.
☆ Dow said it was recycling our shoes. We found them in Indonesia
  + stars: | 2023-02-25 | by ( ) www.reuters.com   time to read: +19 min
While the sample was small, the fact that none of these shoes made it to a Singapore recycling facility underscores weaknesses in the system. Dow said these builds will use the 10,000 kilograms (22,000 pounds) of recycled shoe material that have been produced through the Singapore recycling project so far. Reuters had dropped those shoes into a Dow recycling bin at a Singapore community center in September, three months earlier. Recycling flopsThis is not the first novel recycling scheme launched by Dow that hasn’t lived up to its billing. In its Jan. 18 statement, Dow said the shoe recycling partners are “energized by the common vision of sport championing a greener and more sustainable Singapore.” Dow did not comment on the Journal of Consumer Psychology study.
☆ A weak economy will test consumers' wanderlust, but these stocks could prove resilient in 2023
  + stars: | 2022-12-20 | by ( Michelle Fox | ) www.cnbc.com   time to read: +8 min
The U.S. Travel Association anticipates domestic leisure travel demand will hold up, although growth may be a bit slower in 2023. The stock has an average analyst rating of buy and 47% upside to the average price target, according to FactSet. Marriott has an average analyst rating of overweight and 13.5% upside to the average analyst price target, per FactSet. Norwegian has an average analyst rating of overweight and nearly 27% upside to the average analyst price target, while Royal Caribbean has an average analyst rating of overweight and about 24% upside to its average price target. However, Carnival has an average analyst rating of hold and 24% upside to the average price target.
☆ Airlines can price climate change into your plane ticket. There are reasons to not buy it
  + stars: | 2022-12-17 | by ( Trevor Laurence Jockims | ) www.cnbc.com   time to read: +11 min
United Airlines , for example, has committed to net zero carbon by 2050 without any contribution from traditional carbon offsets. Southwest Airlines ' "Wanna offset carbon?" Consumer psychology and the environmentIt's not just about the dollar amount of the carbon offset purchase in the consumer psychology. If airline travelers want to stay environmentally conscious without paying carbon offset fees, Keyes recommends choosing cheaper airlines when traveling. "It's true that we all have a part to play in reducing carbon emissions.
☆ How the Reel app optimizes cashflow toward purchases in a fun way
  + stars: | 2022-09-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow the Reel app optimizes cashflow toward purchases in a fun wayDaniela Corrente, cofounder and CEO of Reel, joins 'Power Lunch' to discuss the surge of young technology users, the use of consumer psychology to find opportunities for savings and the gamification of savings to help buyers make purchases.
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