Consumer


Consumer Spending Up in Feb; Jobless Claims at 45-Year Low

Americans increased their spending just 0.2 percent in February, while their incomes were boosted by increased wages and business owners’ income. The Commerce Department said Thursday the modest spending increase…

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Tariffs on Personal Products to Be Reduced

The Health, Economy and Finance Ministries have agreed on a plan that will significantly reduce tariffs on makeup, personal care and beauty products. The new regulations have been presented to…

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Rami Levi: I Welcome Competition From Walmart

A delegation from Walmart is expected in Israel in the coming weeks to examine the possibility of opening stores here, a report in Globes said last week. But discount supermarket…

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U.S. Consumer Spending Up 0.4 Percent in December

Americans increased their spending 0.4 percent in December, a solid pace but slower than the big spending burst seen in November. The Commerce Department said Monday the spending gain followed…

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Consumer Price Index Falls in November

The Consumer Price Index fell 0.3 percent in November over the previous month’s levels, the Central Bureau of Statistics said. Economists had expected the CPI to fall, but by a…

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Report: Cofix to Roll Back Coffee Prices to NIS 5

Once the darling of Israeli bargain hunting diners, Cofix has gone from a profit-making enterprise to one that is losing money – and to bring back customers who have abandoned…

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New Rules Make it Easier to Cancel Purchases

New rules by the state Consumer Protection Agency will make it easier for Israelis to get out of purchases or deals that they would like to withdraw from. In cases…

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