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A report into the market power of large online platforms such as Google, Facebook, Amazon and Airbnb has concluded that more needs to be done to bolster consumer trust in tech giants' handling of their data.
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Bolstering consumer trust is crucial to people engaging in their healthcare and embracing personalized medicine.
To counter these challenges, the FTC is hoping IoT companies will adopt specific practices — and bake them into their business models — aimed at enhancing privacy and security, and bolstering consumer trust in their own products, and the IoT market as a whole.
And the political mayhem in Washington has done little to bolster consumer confidence, a crucial economic engine.
Banks must embrace transparency and corporate governance standards that bolster consumer confidence and allow for real public accountability.
A public awareness campaign was started to educate the public on avian influenza and to bolster consumers' confidence that poultry was safe.
And, while lending remains tight, low interest rates, new household formations and positive job growth have bolstered consumer confidence.
More credit card borrowing could bolster consumer spending, which accounts for about 70 percent of economic activity.
But credit, made attractive by low rates, is a time-tested way to bolster consumer spending.
Still, many economists expect ongoing job gains to bolster consumer spending and overall growth in the months ahead.
He was right to bolster consumer access to information, ensuring that full lists of substances added to detergents are readily accessible to consumers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com