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CFPB official details DOGE ‘chaos’ in overtaking agency
A top official at the Consumer Financial Protection Bureau (CFPB) gave an inside account of the “chaos” and “confusion” that overtook the agency when the Department of Government Efficiency (DOGE) ...The Hill - 2d -
NL East preview: Mets have a major concern, Phillies and Braves are neck and neck | Baseball Bar-B-Cast
It's division preview pod season on the pod as we kick it off by previewing the entire NL East. Jake Mintz and Jordan Shusterman breakdown the 2025 season outlook for the Miami Marlins, Washington ...Yahoo Sports - 2d -
Starting the day with a healthy breakfast is becoming a pricey luxury
The rise in costs comes as consumers signal that they are increasingly tapped out and worried about the impact of potential tariffs on the economy.CNBC - 4d -
The right-to-repair movement is growing as wins stack up
But six states have passed right-to-repair laws, protecting consumers’ abilities to repair or modify their products.NBC News - 3d -
Joan Dye Gussow, Pioneer of Eating Locally, Is Dead at 96
An indefatigable gardener, she was one of the first nutritionists to emphasize the connections between farming practices and consumers’ health.The New York Times - 3d -
Inflation Data Test May Rock Unsteady Stock Market
The U.S. consumer price index report could generate concerns if inflation is still simmering.Inc. - 3d -
Champagne and Parmigiano under threat from Trump’s tariffs
Producers warn Europe’s finest foods and wine could become unaffordable for ordinary US consumersFinancial Times - 2d -
Here's why banks don’t want the CFPB to disappear
The Consumer Financial Protection Bureau and its employees are in limbo after acting Director Russell Vought took over last month.CNBC - 2d -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick's Sporting Goods issued weak guidance for 2025 as consumers contend with tariffs, persistent inflation and fears around a potential recession.CNBC - 1d -
The cracks in the facade of your economic wellbeing are sitting in your shopping basket
The rise in egg prices unnerves consumers and makes us question the wider economic environment.MarketWatch - 1d -
Key inflation data set to be released tomorrow. Here's what to expect.
Consumer Price Index data on Wednesday will give Americans, and the Federal Reserve, another readout on inflation.CBS News - 1d -
2-year Treasury note yield bounces from October low as investors await U.S. inflation report
U.S. Treasury yields rose on Tuesday as investors looked ahead to the latest consumer price index reading.CNBC - 1d -
A big inflation report is on the way Wednesday. Here's what to expect
The consumer price index for February is forecast to show an increase of 0.3% for goods and services across the largest economy in the world.CNBC - 1d -
Japan struggles to adapt to an era of rising prices
The return of inflation was meant to restore a more ‘normal’ economy. But it has been a bumpy ride for both consumers and companiesFinancial Times - 22h -
Inflation rate eased to 2.8% in February, lower than expected
The core consumer price index was expected to increase 0.3% in February and 3.2% from a year ago.CNBC - 12h -
Europe, Canada retaliate as Trump tariffs on metals take effect
Ursula von der Leyen, president of the European Commission, said in a statement that the EU "must act to protect consumers and business."ABC News - 12h -
Bond rally fizzles despite cool CPI inflation reading. What that says about investors.
A fleeting reaction to a cooler-than-expected February inflation reading on Wednesday is a signal that investors are consumed by recession fears.MarketWatch - 10h -
Is the U.S. heading for a recession? Here's what economists say.
Consumers, businesses and investors are increasingly jittery about the risks of a protracted slump. So what exactly is a recession?CBS News - 10h -
Trump’s tariff fight may be making this early recession signal go haywire
Bonds issued by retailers with “junk” credit ratings have been hit by selling as consumer confidence falls, but the selloff isn’t widespreadMarketWatch - 6h -
Inflation cools slightly in Trump's first month
Consumer prices rose slightly during President Trump's first full month in office, according to data released Wednesday by the Labor Department. The consumer price index (CPI) rose 0.2 percent in ...The Hill - 14h -
Iranian singer who urged women to go without hijab is lashed over alcohol conviction
Iranian officials have flogged a popular singer who posted a song online urging women to remove their mandatory headscarves over a conviction for possessing and consuming alcoholABC News - 5d -
Uncertain Shoppers Slow Spending as Retailers Temper 2025 Expectations
The Conference Board said consumer confidence took its biggest one-month slide in four years, forcing many national chains to lower earnings guidance.Inc. - 5d -
Buying a Home? Without the CFPB, You Need to Be Your Own Watchdog.
The C.F.P.B. had kept a close eye on mortgage lenders. But with the bureau hobbled, consumers should take several steps, starting with shopping for the best mortgage rates.The New York Times - 5d -
Trump Organization Sues Capital One for Closing Its Accounts
President Trump’s family business accused the bank of violating consumer protection laws by closing its accounts in the aftermath of the Jan. 6 attack.The New York Times - 5d -
It's 'shoot first and ask questions later' as DOGE tries to dismantle CFPB: Official
At a court hearing Monday, CFPB’s COO Adam Martinez gave a sworn account of the chaos that has consumed the federal agency meant to stop unfair corporate practices.ABC News - 1d -
Hungary's leader orders price controls on basic foods as inflation spikes
Hungary’s government is limiting the profit margin for grocers on a number of basic food items in response to growing inflation hitting consumers in the Central European countryABC News - 1d -
Why a ‘good’ CPI report on Wednesday may not be enough to turn stock-market carnage around
Wednesday’s consumer-price index report is now in sharp focus with investors hoping more clarity on stagflation concerns could help stem the stock-market selloff.MarketWatch - 15h -
Treasury yields end higher for second day after CPI inflation data comes in cooler than expected
Bond yields closed with back-to-back gains Wednesday after the consumer-price index report for February came in cooler than Wall Street expected.MarketWatch - 7h -
Here’s the inflation breakdown for February 2025 — in one chart
The consumer price index rose 2.8% in February from 12 months earlier. Inflation decelerated but economists fear tariffs will stall progress.CNBC - 5h -
Trump proposes cutting ACA enrollment period, ending 'Dreamer' coverage
The Trump administration is proposing to shorten ObamaCare's annual open enrollment period by a month, a move the administration said is aimed at helping consumers pick the right plan. According to ...The Hill - 2d -
U.S. stocks fall as recession fears grow
The Dow Jones shed nearly 900 points on Monday as tariffs, mounting federal layoffs and consumer confidence started to weigh on the economy. Adding to the chaos is the potential for another ...CBS News - 2d -
Airline stocks fall as possible economic 'soft patch' raises demand concerns
U.S. airline stocks tumbled Tuesday to their lowest levels since late last year after data showed some economic concerns, hitting what had been a bright spot for consumer spending.NBC News - 1d -
Cracks are emerging in the idea of America's economic exceptionalism
The U.S. economy and equity markets may be underperforming this year due to a surge in policy uncertainty, a decline in consumer sentiments, a delay in business investment, and a gradual weakening ...The Hill - 1d -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick’s Sporting Goods on Tuesday said it’s expecting 2025 profits to be far lower than Wall Street anticipated, making it the latest retailer to forecast a rocky year ahead as consumers contend ...NBC News - 1d -
CFPB employees say mass firing plans remain in place
Two employees of the Consumer Financial Protection Bureau (CFPB) testified Tuesday that top officials’ plans to fire hundreds of workers remain intact, as a federal judge weighs whether to ...The Hill - 1d -
Inflation rises by 2.8% in February, slightly below expectations
The new consumer price index shows inflation cooled in February, coming in at a lower rate than economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the numbers.CBS News - 13h -
Data shows inflation slowed in February as investors navigate uncertainty in stock markets
Consumer price index data for February shows inflation slowed for the first time since September. It comes as investors navigate uncertainty over President Trump's tariffs. CBS News' Kelly O'Grady ...CBS News - 10h -
Why Stitch Fix’s turnaround seems to be working, despite the tough economy
“With market concerns of consumer spending slowing and recession fears now building, we did not have an improving [Stitch Fix] model on our bingo card,” one team of analysts noted.MarketWatch - 10h -
FTC asks to delay Amazon Prime deceptive practices case, citing staffing shortfalls
The Federal Trade Commission asked a judge in Seattle to delay the start of its trial accusing Amazon of duping consumers into signing up for its Prime program, citing resource constraints.NBC News - 9h -
Why record-high egg prices won’t go down anytime soon — and it’s not just due to bird flu
A lot goes into the production of eggs — and with the Trump administration’s tariff policies potentially affecting costs for chicken feed and equipment, bird flu isn’t the only reason U.S. ...MarketWatch - 7h