Latest in Cash Strapped Consumers
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Consumer Price Index indicates inflation rose 0.3% in November
The Consumer Price Index for November indicated inflation rose 0.3% month over month with some grocery prices increasing. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb Silver walk ...NBC News - 19h -
How consumers can protect themselves against porch pirates this holiday season
A new consumer survey shows package thieves have stolen from 14 million Americans in just the last three months. National consumer correspondent Usher Quraishi shows how to protect yourself from ...CBS News - 19h -
How mafias cash in by preying on hotels, restaurants in Italy
Organized crime groups preying on vulnerable companies are taking home $3.5 billion a year, a research institute warned.CBS News - 21h -
FirstFT: Qatar’s sovereign fund plans to deploy cash ‘aggressively’
Also in today’s newsletter, Microsoft poaches Google DeepMind staff, and court blocks The Onion’s purchase of InfowarsFinancial Times - 22h -
If Trump adds tariffs, 'either way, there is a cost to consumers,' economist says
President-elect Donald Trump's tariff plan is expected to raise costs, especially for low and middle earners, experts said. But the scope of tariffs is unclear.CNBC - 1d -
DSW parent’s profit dinged as cash-strapped consumers spend less on winter footwear
Consumers continued to curb spending and warmer-than-usual weather crimped sales of winter offerings, leading to a fourth straight profit miss and third straight sales miss for Designer Brands Inc.MarketWatch - 1d -
Merch glorifying UnitedHealthcare CEO killer floods online stores
On e-commerce platforms like Etsy, TikTok Shop, eBay and Redbubble, sellers are hawking merchandise featuring designs inspired by the fatal shooting of UnitedHealthcare CEO Brian Thompson.NBC News - 1d -
Do Gem-Set Watches and Rubber Straps Really Mix?
Several high-end brands have been offering variations of the athleisure look.The New York Times - 1d -
Consumer watchdog faces daunting future under Trump
The Consumer Financial Protection Bureau (CFPB) is headed for a rocky future under President-elect Trump. The powerful financial watchdog agency is in for a reckoning during a second Trump ...The Hill - 2d -
Dodgers’ Deferred Deals Infuse New Cash Into Old Tactic
DALLAS — The last time we saw the Los Angeles Dodgers, they came back from a 5-0 deficit to win Game 5 and the World Series over the New York Yankees at Yankee Stadium. Since then, they’ve been ...Yahoo Sports - 3d -
China consumer inflation rate drops to a five-month low, missing expectations as economy slows
China's consumer prices rose less-than-expected in November, climbing 0.2% from a year ago, according to data from the National Bureau of Statistics released Monday.CNBC - 3d -
Trump Says He Can’t Promise Tariffs Won’t Raise Consumer Prices
President-elect Donald Trump said in an interview that he wouldn’t make promises about the impact of his tariffs.Inc. - 3d -
Trump 'can't guarantee' tariffs won't raise prices for consumers
President-elect Trump in a new interview that aired Sunday said he couldn't guarantee Americans would not pay more because of tariffs he has pledged to impose on imported goods. Trump, in an ...The Hill - 3d -
Trump's tariffs: A tax on American consumers
President-elect Donald Trump has promised to impose across-the-board tariffs on imported goods from some allies and adversaries, claiming that foreign nations will pay such taxes to the U.S. ...CBS News - 3d -
Why Disney Is Plowing Cash Into a Cruise Line Expansion
The entertainment titan plans to launch seven new cruise ships by 2031, looking to overseas markets far from theme parks.The Wall Street Journal - 3d -
Starmer to meet Saudi crown prince in push for infrastructure cash
Wooing of Mohammed bin Salman controversial because of human rights concerns. Keir Starmer will meet Saudi Arabia’s de facto leader, Crown Prince Mohammed bin Salman , as part of a controversial ...The Guardian - 4d -
Payments Are Going Digital, but Many Seniors Still Rely on Cash
“We’re putting another burden on the elderly that we don’t have to,” one researcher said.The New York Times - 4d -
Cash App Wades Into the Exclusive World of Presale Concert Tickets
Legacy credit cards and banks aren’t the only banking options to come with perks for premium access to events anymore.The New York Times - 5d -
U.S. consumer credit jumps in October as credit cards drive purchases
Total U.S. consumer credit surged in October, rising by $19.2 billion — the fastest pace since July.MarketWatch - 5d -
Consumer sentiment rises in December, so do inflation concerns
Short-term inflation readings hit highest level in six months as Democrats worry higher inflation from tariffsMarketWatch - 5d -
Always choose cash over crypto, says pro-sports superagent
As bitcoin hits $100,000, legendary agent Leigh Steinberg weighs in on whether athletes should accept crypto as payment.MarketWatch - 5d -
How Consumer Brands Are Preparing for Trump-Proposed Tariffs
Founders will be working overtime this holiday season on reconfiguring their supply chains away from China.Inc. - 5d -
When consumers should buy electric cars
President-elect Donald Trump indicated that once in office, he plans on ending the consumer tax credit for electric vehicle purchases. Business Insider autos senior reporter Nora Naughton joins ...CBS News - 6d -
Dollar General posts sales beat despite protracted consumer restraint
Dollar General Corp.’s stock was unable to hold its early gains Thursday after the discount retailer’s fiscal third-quarter earnings showed a sales beat but a profit miss, as hurricanes disrupted ...MarketWatch - 6d -
Black Friday showed consumers are still eager to spend — at the right price
Retailers again saw sales hit new heights from Thanksgiving to Cyber Monday, even as shoppers remain cautious about where and when to spend this holiday season.NBC News - 6d -
How 20 big U.S. stocks are expected to rank as ‘cash machines’ in 2025
Among the Magnificent Seven, Alphabet is expected to have the highest free cash flow yield.MarketWatch - 6d -
One in five shop purchases now made in cash
Notes and coins used in a fifth of transactions, say retailers - a second consecutive annual rise.BBC News - Dec. 5 -
Councils call for cash to cover homeless bill shortfall
The Local Government Association says a freeze on central funding has cost councils nearly £740m since 2019.BBC News - Dec. 5 -
Why Rules On Data Scammers and Credit Card Fees May Be the Consumer Financial Protection Bureau’s Swansong
The CFPB is meant to act in the best interest of the American consumer, but powerful corporate opposition and the ire of Elon Musk may mean a dicey future for the agency.Inc. - Dec. 4 -
Russian criminals helped UK drug gangs launder lockdown cash
UK drug gangs paid Russian criminals to swap their dirty street cash for untraceable cryptocurrency, police say.BBC News - Dec. 4 -
Consumer watchdog wants FTC to investigate Oz for influencer marketing violations
A consumer advocacy group wants the Federal Trade Commission (FTC) to open an investigation into whether Dr. Mehmet Oz violated influencer marketing rules by promoting products from a wellness and ...The Hill - Dec. 3 -
FTC takes action against location data companies accused of unlawfully using consumer info
The Federal Trade Commission announced that it is taking action against two location data companies after it said that they unlawfully tracked and sold private consumer information.NBC News - Dec. 3 -
How to Turn ‘Boring’ Businesses Into Cash-Flow Machines
In ‘Main Street Millionaire,’ Codie Sanchez describes how to make money buying the types of businesses that most people ignore.Inc. - Dec. 3 -
Top US Consumer Watchdog Has a Plan to Fight Predatory Data Brokers
A new proposal by the Consumer Financial Protection Bureau would use a 54-year-old privacy law to impose new oversight of the data broker industry. But first, the agency must survive Elon Musk.Wired - Dec. 3 -
Consumer watchdog proposes crackdown on personal data sales
The Consumer Financial Protection Bureau (CFPB) on Tuesday rolled out a new proposal aimed at cracking down on data brokers selling Americans' sensitive information. Under the proposed rule, the ...The Hill - Dec. 3 -
3 Top CEOs Share Their Best Cash-Flow Tips
How the executives behind UrbanStems, Luminary, and FinCore stay on top of their business’s budgets.Inc. - Dec. 2 -