Latest in Consumer Purchasing
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Trump to ratchet up China tariffs again. Here’s why American consumers will feel the pain this time.
New York Fed analysis suggests “missing imports” from China could mean higher costs ahead.MarketWatch - 4d -
House Democrats join legal fight against Trump's efforts to dismantle consumer protection agency
House Democratic leaders are getting directly involved in one of the legal battles against the Trump administration, filing an amicus brief in support of a lawsuit seeking to block the dismantling ...NBC News - 4d -
DOGE plans to wind down consumer protection agency and fire nearly all staff, employees say
The Consumer Financial Protection Bureau’s Trump-appointed leadership plans to fire nearly all its 1,700 employees while “winding down” the agency, according to testimony from employees.NBC News - 4d -
Consumer Financial Protection Bureau drops lawsuits against Capital One and Berkshire, Rocket Cos. units
The moves are the latest sign of the abrupt shift at the agency since acting CFPB director Russell Vought took over this monthCNBC - 3d -
U.S. Consumers Cut Spending More Drastically in January Than Any Other Time in the Past Four Years
The threat of tariffs has led shoppers to tighten their purse strings.Inc. - 3d -
Target warns February sales were soft, adding to concerns about consumer health
Target’s weak first-quarter guidance added to concerns about consumer health after weak January spending numbers and a slide in consumer confidence.CNBC - 3h -
Best Buy’s stock falls as CEO says tariffs ‘make price increases for American consumers highly likely’
An earnings beat and dividend hike aren’t enough to hold the stock’s early gains.MarketWatch - 2h