Latest in Consumer Protection
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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 -
Former Trump adviser says Bolton ‘should be protected’
Former Trump senior adviser David Urban said he thinks former national security adviser John Bolton “should be protected” after President Trump revoked his Secret Service protection. “I don’t know ...The Hill - 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 -
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 -
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 -
How Biden’s Inner Circle Protected a Faltering President
“Your biggest issue is the perception of age,” Mike Donilon, the president’s longtime strategist, told him in 2022, according to people who heard him.The New York Times - Jan. 18 -
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 Doctors and Nurses Can Protect Undocumented Immigrants
Doctors have a responsibility to reassure their patients, regardless of immigration status, that they are welcome and protected.The New York Times - Jan. 17 -
North Carolina governor announces new abortion protections
Democratic North Carolina Gov. Josh Stein issued an executive order Thursday that he believes will further protect reproductive health care access across the state. The order directs Cabinet ...The Hill - Jan. 16 -
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 -
Zeldin highlights importance of protecting environment and the economy
Lee Zeldin, President-elect Trump's pick to run the Environmental Protection Agency, focused his opening statement on the importance of protecting the environment, human health and the U.S. economy ...NBC News - Jan. 16 -
Biden withdraws proposal that aimed to protect endangered whales
Conservation groups are concerned that the endangered right whale is vulnerable to extinction as the Trump administration signals more support for marine industries.CBS News - Jan. 15 -
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 -
Veterinarian explains how to protect pets amid wildfires
A veterinarian shares some advice how to keep pets safe amid wildfire danger.ABC News - Jan. 12 -
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 -
The Government Wants to Protect Robux From Hackers
In a new proposal issued Friday, the Consumer Financial Protection Bureau is seeking to regulate virtual currencies used in Roblox and other video games like US dollars.Wired - 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 -
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 -
Biden administration jettisons effort to protect old-growth forests
The Biden administration is dropping its efforts to issue a policy to protect old-growth forests — though the president previously touted protecting such forests as an important component of his ...The Hill - 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 -
Meta changes hate speech rules, dropping LGBTQ protections
Meta, the parent company of Facebook and Instagram, dropped some LGBTQ protections from its hate speech rules Tuesday amid a wider overhaul of the social media giant’s content moderation ...The Hill - 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 -
Biden establishes largest corridor of protected land by adding 2 new monuments
The two new monuments -- the Chuckwalla and Sáttítla Highlands -- total nearly 850,000 acres, according to the administration.ABC 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 -
Meta Drops Rules Protecting LGBTQ Community as Part of Content Moderation Overhaul
The changes included allowing users to share “allegations of mental illness or abnormality when based on gender or sexual orientation.”The New York Times - 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