Consumer

Indicators

Consumers Aren’t Buying Stable Job Market Data

Photo via Lindsey Nicholson/UCG/Universal Images Group/Newscom

On Tuesday, The Conference Board said its consumer confidence index fell to its lowest level in 12 years in September.

1 min read

Photo illustration by Connor Lin / The Daily Upside, Photo by Chanakon Laorob via iStock

Artificial Intelligence

The Gig’s Up: Robotaxis, Delivery Drones Reshape the Side-Hustle Market

One study from George Washington University found that the transition to robotaxis could “decrease frontline jobs by 57% to 76%.”

4 min read
Photo via Meta

Artificial Intelligence

Meta’s Muse Inspires Double-Digit Rally for CPU Stocks

Shares of Meta, meanwhile, also 11% on Monday while its Muse AI was the top downloaded mobile app in the US.

2 min read
Photo via Richard B. Levine/Newscom

Consumer

Chobani Cashes In on Protein-Maxxing Boom

Chobani, whose sales volume has jumped 20% in the past three years, is planning a high-protein milk product amid a larger expansion.

1 min read

Consumer

Best Buy Hikes Outlook After Hot Summer Quarter

Photo via Weston Hancock / SOPA Images/Sipa USA/Newscom

Despite tariff chaos, soaring electronics prices, and deflating consumer sentiment, Best Buy just delivered a strong beat.

2 min read

Artificial Intelligence

Amazon-Perplexity Lawsuit Heralds Start of Shop-Bot Wars

Photo via Yoshio Tsunoda/AFLO/Newscom

This week, Amazeon scored a court order against Perplexity to ban, for now, the AI startup’s agents from shopping on its e-commerce platform.

2 min read

Banking

Bank Earnings Deluge Offers a Consumer Stress Test

Photo via Jimin Kim/ZUMAPRESS/Newscom

Loan loss provisions — the allowance banks set aside to cover bad debt — is a key data point to watch regarding consumer health.

2 min read

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