Latest in As consumer delinquencies rise, U.S. economic growth increasingly powered by the wealthy
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As consumer delinquencies rise, U.S. economic growth increasingly powered by the wealthy
Most official data continues to show the U.S. economy is humming along, with unemployment historically low and inflation expectations still relatively stable.NBC News - 14h -
U.S. Consumers Are Increasingly Worried About Trump’s Tariff Plans
The Consumer Sentiment Index hit its lowest reading since November 2023.Inc. - 1d -
Home price growth has slowed. But high costs, economic worries have some buyers retreating
High prices and economic uncertainty are factors pulling homebuyers back out of the housing market, experts say.CNBC - 2d -
Dow drops 700 points for worst day of 2025 so far on new fears about economic growth
Stocks sold off on Friday as new U.S. data sparked concern among investors over a slowing economy and sticky inflation, leading them in search of safer assets.NBC News - 1d -
Consumer sentiment sours as worries grow over outlook for U.S. economy
Confidence dropped 10% from January to the lowest level since late 2023.MarketWatch - 1d -
Tesla recalls more than 375,000 vehicles in U.S. due to failing power-assisted steering systems
Tesla is voluntarily recalling 376,241vehicles in the U.S. to correct an issue with failing power-assisted steering systems.CNBC - 1d -
How Walmart won over wealthy shoppers
The discounter has gained traction with upper-income shoppers with a larger online assortment and faster online options, like home deliveries.CNBC - 2d -
Is the Future of the Creator Economy Direct-to-Consumer?
Confusion surrounding the TikTok ban last month has pushed creators to seek more stable ways to earn.Inc. - 1d -
Trump tariff threats rattle consumers
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Consumer confidence dips in Trump’s first month A new survey found that ...The Hill - 1d -
Polar bears increasingly under threat as glaciers melt faster than ever
A new global assessment shows that the world's glaciers are melting faster in the last 10 years compared to the previous decade. Polar bears, which depend on the frozen sheets, are increasingly ...CBS News - 2d -
Stocks tumble as Walmart sales growth forecast disappoints
Stocks tumbled from all-time highs Thursday in the wake of Walmart projecting a lower-than-expected sales outlook.NBC News - 2d -
Fed Flags Rising Inflation Risks and Rising Uncertainty About Trump’s Policies
Rates cuts are still on the menu, but like many businesses, Fed officials are having a tough time judging the impact of Trump’s tariff and immigration plans.Inc. - 2d -
Consumers turn to renting chickens as egg prices soar
As the bird flu outbreak impacts egg shortages and prices, some people are turning to renting or buying backyard chickens.CBS News - 1d -
Economic partnership will protect the Ukrainian people and the US taxpayer
Trump’s bold international leadership aligns interests and benefits allFinancial Times - 10h -
China government spending on citizens lags economic peers
Relatively low expenditure that directly supports individual consumption could undermine growth effortsFinancial Times - 1h -
Walmart Racks Up Sales Record but Sees Slower Growth Ahead
The retail giant continues to attract shoppers from across the income spectrum, but faces headwinds from stubborn inflation and the risk of tariffs.The New York Times - 2d -
Walmart shares drop as retailer says profit growth will slow
Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income shoppers.CNBC - 2d -
Kontoor Brands CEO describes growth plans for new acquisition
In a Thursday interview with CNBC's Jim Cramer, Kontoor Brands CEO Scott Baxter discussed the apparel company's new acquisition.CNBC - 2d -
Beijing embraces DeepSeek to lead AI adoption as it looks for new growth drivers
DeepSeek's rise came as a timely confidence boost as the Chinese leadership faces a prolonged economic gloom and a brewing trade war with U.S.CNBC - 1d -
US says revenue from minerals deal will fuel Ukraine’s postwar growth
Kyiv remains sceptical of plan as Treasury secretary Scott Bessent denies it is ‘coercive’ in FT opinion articleFinancial Times - 6h -
US stocks dip amid concerns over tariffs and consumer belt-tightening
All three major stock indexes moved decisively lower, extending sell-off in wake of dour economic reports. US stocks tumbled on Friday, extending a sell-off in the wake of dour economic reports and ...The Guardian - 1d -
Could Elon Musk benefit from DOGE cuts at consumer protection watchdog?
Earlier this month, President Trump fired Rohit Chopra, director of the Consumer Financial Protection Bureau. Lesley Stahl has more on the agency and the Trump administration's attempts to ...CBS News - 1d -
Here's what to know about the "Feb 28 Economic Blackout" protest
A grassroots effort is asking American consumers to refrain from making purchases at major retailers for one day in February.CBS News - 1d -
US stocks post worst slide in two months on gloomy economic data
Sentiment among businesses and consumers cools sharply as tariffs and inflation take a tollFinancial Times - 1d -
Powerful quantum computers in years not decades, says Microsoft
It says a new chip it has created could end up being as important a breakthrough as the semiconductor.BBC News - 3d -
Trump Claims Power to Fire Administrative Law Judges at Will
The Justice Department said a law protecting the officials from arbitrary removal is an unconstitutional intrusion on presidential authority.The New York Times - 2d -
Elon Musk becomes a new power center at CPAC
Elon Musk stole the show at CPAC, a surprise guest who wielded a chainsaw to symbolize his government cuts.NBC News - 1d -
The Odds of a City-Killing Asteroid Hitting Earth Keep Rising
The likelihood of 2024 YR4 colliding with the our planet in 2032 have ticked up to over 3 percent. Is it time to start worrying?Wired - 2d -
Jobless Claims Rise a Little, But Do Not Yet Reflect DOGE Layoffs
Unemployment claims for the week of Feb. 15 were slightly more than expected, but don’t yet reflect the aggressive efforts of Elon Musk’s group.Inc. - 2d -
StanChart CEO says bonus cap led to ‘grotesque’ banker pay rises
Lender reduces chief executive’s basic pay by 40% but higher reward possible after UK’s abolition of capFinancial Times - 1d -
Men: Mizzou likely isn't done rising after beating Alabama
Alabama's defensive struggles are Missouri's gain this week. Plus, Wisconsin, Michigan State surge as Purdue, Memphis drop and Louisville returns.ESPN - 1d -
LGBTQ+ community in Germany rally against rise of far right ahead of elections
Community grapples with fear over ‘proliferation and normalisation of anti-queer and anti-trans sentiment in politics and the media’. They poured on to streets across Germany by the thousands, ...The Guardian - 1d -
'Tyranny is rising in the White House': Voters slam representatives on Trump, DOGE
Some Republicans are facing pushback in their hometowns as President Donald Trump and DOGE makes severe cuts across the federal government.ABC News - 1d -
The rise of browser-use agents: Why Convergence’s Proxy is beating OpenAI’s Operator
A new wave of AI-powered browser-use agents is emerging, promising to transform how enterprises interact with the web. These agents, including OpenAI's Operator and Convergence's Proxy, can ...VentureBeat - 11h -
Why Guardiola's tactics stopped working amid rise of rapid football
BBC Sport analyses why Pep Guardiola's possession-focused tactics have stopped working amid the rise in rapid, direct football.BBC News - 10h -
What Patriots' latest roster move says about team's power structure
The Patriots' release of Sione Takitaki offers a clue as to who's really in charge of personnel decisions in New England, says Phil Perry.Yahoo Sports - 2d -
Hurricane-proof skyscrapers vulnerable to less powerful windstorms, study finds
Tall buildings fare poorly in derechos, say experts, raising questions over their resilience as climate crisis worsens. Skyscrapers built to withstand major hurricanes fare much more poorly in less ...The Guardian - 1d -
OpenAI Uncovers Evidence of A.I.-Powered Chinese Surveillance Tool
The company said a Chinese operation had built the tool to identify anti-Chinese posts on social media services in Western countries.The New York Times - 1d -
Tesla recalls more than 376,000 vehicles over power steering issue
Loss of power steering caused by overstressed motor drive components will require increased steering effort from driver, raising risk of crash, NHTSA says.CBS News - 1d
