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Reeves’ offensive against regulators sparks alarm from consumer groups
Chancellor’s pro-business intervention raises concerns that protections are being weakenedFinancial Times - Jan. 23 -
Record number of consumers are making minimum credit cards payments as delinquencies rise
Consumer stress has intensified, with an escalating share of credit card holders making only minimum payments on their bills, according to a Philadelphia Federal Reserve report.NBC News - Jan. 22 -
The fires consuming Los Angeles are just the beginning
You can’t even call the LA fires a warning shot. Rather, they are merely the latest episode in a rapidly unfolding story.The Hill - Jan. 22 -
FCA calls for politicians to define acceptable level of consumer harm
Head of regulator warns easing controls on mortgage lending risks more defaults and repossessionsFinancial Times - Jan. 22 -
Brazil fires consumed wilderness area larger than Italy in 2024 – report
New report says more than 30m hectares burned, 79% more than in 2023, after country saw worst drought on record. After enduring its worst drought on record in 2024, Brazil closed the year with ...The Guardian - Jan. 22 -
Trump’s Muddled TikTok Plan Gets Chinese Pushback
On his first day in office, President Trump added several unexpected wrinkles to the ongoing “ban or sale” saga facing China-owned TikTok, drawing Chinese government criticism.Inc. - Jan. 21 -
U.S. craft sake breweries double in number as new consumers embrace the drink
Sake, long associated with sushi and shots, is now reaching new audiences in the U.S. as small-batch craft breweries emerge. Nancy Chen reports on how American brewers are giving a fresh twist to ...CBS News - Jan. 21 -
Food companies want to confuse consumers. The FDA must push back.
Food companies criticize the science supporting front-of-package labeling, delay public consultation periods, push for their own confusing label designs and emphasize the possible harms of a ...The Hill - Jan. 21 -
TikTok Got a Reprieve, but Americans and Chinese Are Still on RedNote
The Chinese social media app, popular in the United States a week after being flooded by TikTok users, has added language translation features.The New York Times - Jan. 21 -
DOGE faces immediate lawsuits
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump's DOGE slapped with lawsuits on first day in office Within moments of ...The Hill - Jan. 20 -
TikTok, RedNote and the Crushed Promise of the Chinese Internet
China’s internet companies and their hard-working, resourceful professionals make world-class products, in spite of censorship and malign neglect by Beijing.The New York Times - Jan. 20 -
US consumers ‘resilient’ in face of high prices and interest rates
Credit card data points to ‘robust’ growth at start of 2025 after shoppers spent $1tn during holiday seasonFinancial Times - Jan. 18 -
Inside RedNote, the Chinese app that spurned TikTokers are flocking to
With the surge in international interest, RedNote is now offering many Americans a glimpse at online culture in China.NBC News - Jan. 17 -
FTC sues PepsiCo, alleging price discrimination is raising costs for consumers
The Federal Trade Commission is suing PepsiCo for alleged price discrimination in the final days of the Biden administration.CNBC - Jan. 17 -
How Do You Convince Consumers to Eat Plant-Based Meat?
The imitation meat industry is facing an identity crisis, and the challenge of convincing American consumers to make more planet-friendly choices.The New York Times - Jan. 16 -
Increased December Consumer Spending Bodes Well for 2025 Growth
New data shows retail and restaurant spending rose again last month, suggesting consumers unhappy about higher post-pandemic prices are still buying, especially when they can get a good deal.Inc. - Jan. 16 -
Chinese Celebrities and Tourists Think Twice About Thailand
The brief abduction of a Chinese actor who was trafficked into Myanmar to work in a scam camp has rattled travelers from a country that Thailand relies on for tourism.The New York Times - Jan. 16 -
TikTok Users Flee to a Chinese App: 'RedNote'
Chinese users of Xiaohongshu, or Little Red Book, welcome Americans fleeing a feared TikTok ban.The Wall Street Journal - Jan. 13 -
Canada’s Trudeau Cautions U.S. Consumers to Consider Harms of Trump’s Tariff Threats
Dismissing the president’s bluster about a 51st state, the departing leader urged Americans to think about the impact of high prices that will accompany new import taxes.Inc. - Jan. 13 -
Taiwan reports 'significant rise' in suspected Chinese espionage
Taiwanese charged with suspicion of spying on behalf of China rose by a third to 64 people last year, the island’s National Security Bureau said.NBC News - Jan. 13 -
Locals watched in disbelief, then horror, as flames consumed the Pacific Palisades
The largest wildfire to hit Los Angeles this week rapidly tore through homes and communities, whipped by winds that sent embers skyward.NBC News - Jan. 11 -
The best tech showcased at the 2025 Consumer Electronics Show in Las Vegas
The annual Consumer Electronics Show in Las Vegas is coming to an end on Saturday. Editor-in-chief of CNET, Adam Auriemma, joins "The Daily Report" to break down the top products of the show ...CBS News - Jan. 10 -
As Wildfire Flames Consume Architectural Gems, a Hit to ‘Old California’
The historic ranch house of Will Rogers and an important residence by Ray Kappe were destroyed by the fires, which threaten L.A.’s spectacular design legacy.The New York Times - Jan. 10 -
Consumer expectations for higher inflation soar in early January
Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, according to the University of Michigan’s gauge of consumer sentiment.MarketWatch - Jan. 10 -
Constellation Brands’ stock slides as CEO cites ‘uncertainty’ about consumer spending
The parent of the Modelo and Corona beer brands lowered its 2025 outlook, despite third-quarter profit growth.MarketWatch - Jan. 10 -
Falling Chinese bond yields signal concern with deflation
Investors expect price pressures to become entrenched in world’s second-largest economyFinancial Times - Jan. 10 -
How car loans became Britain’s latest consumer finance scandal
Hidden commissions to car dealers inflated costs for buyers. The legal fallout could cost banks billions and restrict access to creditFinancial Times - Jan. 9 -
Chinese consumer prices barely rise as deflationary pressure weighs
Beijing has struggled to stimulate domestic demand in economyFinancial Times - Jan. 9 -
China's consumer inflation slows further in December, stoking deflation worries
China's consumer prices in December edged up 0.1% in line with expectations from a year earlier, National Bureau of Statistics showed Thursday, fanning deflation concerns.CNBC - Jan. 9 -
Eaton Fire consumes homes in Altadena, Pasadena
The Eaton Fire has burned more than 10,000 acres in northeast Los Angeles County, forcing about 33,000 residents to flee. It has torched homes and burned houses of worship in the communities of ...CBS News - Jan. 8 -
New weather update as fires consume parts of Los Angeles County
Hurricane-force winds are still fanning embers that are spreading wildfires in parts of Los Angeles County. CBS News Bay Area meteorologist Jessica Burch has the latest weather forecast.CBS News - Jan. 8 -
Chinese airlines rush into Europe as western carriers retreat
Ability to keep flying over Russia helps three big state-owned carriers undercut European rivalsFinancial Times - Jan. 8 -
AI takes center stage at the 2025 Consumer Electronics Show
The 2025 Consumer Electronics Show was underway in Las Vegas on Tuesday. The annual trade conference spotlights some of the newest technological innovations from companies across the globe. Jason ...CBS News - Jan. 7 -
CFPB sues Experian over "sham investigations" into consumer complaints
Experian accused of violating Fair Credit Reporting Act by reinserting disputed information back into credit reports.CBS News - Jan. 7 -
Experian accused of failing to properly investigate consumer disputes
A top watchdog agency for consumer finance has accused the credit rating company Experian of failing to properly investigate consumer disputes. In an announcement Tuesday, the Consumer Financial ...The Hill - Jan. 7 -
Consumer Electronics Show 2025 underway in Las Vegas
The iconic Consumer Electronics Show is now underway in Las Vegas, showcasing some of the latest trends in technology. Bridget Carey, editor-at-large for CNET, joined CBS News to discuss the event.CBS News - Jan. 7 -
Consumers could face price rises of 20% in 2025, trade experts warn
Global instability and possibility of Trump administration imposing tariffs may disrupt flow of goods . The price of household staples including food and drink could climb by as much as 20% in 2025 ...The Guardian - Jan. 7