Latest in Consumer Sentiment Plunges
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Canada cuts rates as trade war shakes consumer and business confidence
Reduction to 2.75% comes hours after US tariffs on aluminium and steel take effectFinancial Times - 2d -
Germany’s stagnant economy dents investment in consumer start-ups
Funding increased to €7bn last year but it is a far cry from the 2021 peak of more than €17bnFinancial Times - 2d -
7 ways to safeguard your money as the Trump administration weakens consumer protections
The onus is on Americans to wage their own fights against scams, rip-offs and bad deals.MarketWatch - 2d -
Banks are feeling the strain as lower-income consumers struggle with inflation and tariff chaos
Banks are seeing lower credit-card spending, while delinquencies are rising.MarketWatch - 1d -
Guinness sees a resurgence as more Americans consume the Irish stout
Guinness is experiencing a surge in popularity across the U.S., with more Americans embracing the iconic Irish stout just in time for St. Patrick's Day celebrations.CBS News - 22h -
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
It’s not just Walmart.NBC News - 21h -
US consumers’ long-term inflation expectations hit 32-year high
Worse than expected data comes days ahead of Federal Reserve’s next meeting on interest ratesFinancial Times - 22h -
‘World’s hottest brand’: how Miu Miu defied sales plunge in fashion industry
As luxury firms struggle worldwide, the ‘knowingly cool’ label is posting record-breaking sales figures. While profits fall across the luxury fashion industry, one kooky Italian label is posting ...The Guardian - 6d -
U.S. stocks plunge after Trump's comments on potential recession sparks sell-off
Fears of a recession sparked a major sell-off in stocks, following comments from President Trump. In an interview with Fox News, Mr. Trump would not rule out the possibility of a recession. Kelly ...CBS News - 4d -
After a Musk post, Canada professor convicted in absentia plunges back in public eye
Hassan Diab, who maintains innocence in 1980 Paris attack, fears extradition fight as rightwing media seizes on his case. Until recently, Hassan Diab’s life in Ottawa had begun to settle back into ...The Guardian - 4d -
Trump Media stock has lost half its value since Inauguration Day
Trump Media sold off amid an across-the-board stock plunge as the volatility that dragged down all three major indexes last week worsened.CNBC - 4d -
3/10: CBS Evening News
U.S. stocks plunge after Trump's comments on potential recession sparks sell-off; Former MLB pitcher Art Schallock dies at 100CBS News - 4d -
‘Keeps me optimistic’: why You’ve Got Mail is my feelgood movie
The next entry in our series of writers highlighting their go-to comfort picks is an ode to Nora Ephron’s winsome romantic comedy. There’s a montage in the opening of You’ve Got Mail that is so ...The Guardian - 5d -
S&P 500 gets closer to correction territory Tuesday as investors grapple with Trump tariff fears
The U.S. stock market is struggling with soured sentiment over President Donald Trump’s tariffs, with the S&P 500 attempting to rebound from a big slump that left it near correction territory.MarketWatch - 3d -
Senate Democrats appear ready to back down in government shutdown fight
Senate Democrats say the six-month government funding resolution that passed the House Tuesday is a “horrible” bill, but there’s growing sentiment within the Senate Democratic conference that it ...The Hill - 3d -
Delta, Southwest, American Airlines Cut Forecasts, an Early Alarm About Consumer Spending
The revised revenue projections suggest that flagging economic confidence has started to hurt travel, which can be an indicator for other industries.The New York Times - 3d -
Dollar General CEO warns consumers are cash-strapped, and says 2025 won't be better
Tariffs and potential changes to government entitlement programs present potential further headwinds for core customers, said CEO Todd Vasos.CNBC - 2d -
Dollar General CEO warns consumers are cash-strapped, and says 2025 won't be better
Dollar General CEO Todd Vasos said on Thursday that inflation continues to hurt the discounter’s customers and that the macroeconomic environment won’t improve this year.NBC News - 1d -
Ulta issues weak guidance, citing consumer uncertainty, rising competition and company missteps
Ulta Beauty warned that profits and revenue will be worse than Wall Street expected in the year ahead.CNBC - 1d -
Federal Reserve is likely to hold interest rates steady next week. But some consumer loans are getting cheaper
High interest rates have put pressure on households, but some borrowing costs are starting to ease, even with the Fed on the sidelines.CNBC - 23h -
The Fed is likely to hold interest rates steady. But some consumer loans are getting cheaper.
The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite some encouraging news on inflation.NBC News - 21h -
Recession fears escalate across U.S.
U.S. stocks plunged Monday as President Trump declined to rule out the possibility that the nation is tipping into a recession. CBS News MoneyWatch correspondent Kelly O'Grady examines the market's ...CBS News - 4d -
Wall Street sell-off amid economic uncertainty, Trump weighs in on looming government shutdown
Wall Street is looking to rebound on Tuesday after recession fears and confusion about President Trump's tariffs caused a market plunge on Monday. Meanwhile, the clock is ticking on Capitol Hill ...CBS News - 4d -
Canadian reporters grill Rubio over Trump's 51st state talk
Secretary of State Marco Rubio on Friday faced pointed questions from Canadian journalists over the seriousness of President Trump’s calls for Canada to become the 51st state and the trade war with ...The Hill - 21h -
US airlines’ warnings of lower demand cast shadow over economic outlook
American, Delta and Southwest trim financial guidance on corporate and consumer softnessFinancial Times - 3d -
EU braces for higher prices as US trade war ramps up
For consumers, higher prices loom on supermarket shelves, but for businesses and industry the risks are higher.BBC News - 2d -
Wisconsin Democrats look to harness anger with Musk in court race
Wisconsin Democrats are launching a full-court press against Elon Musk as they look to use angry voter sentiment against him as a tool to turn out voters in the high-stakes Wisconsin Supreme Court ...The Hill - 5d -
Tesla faces backlash over Elon Musk's ties to Trump and far-right support
Tesla shares have plunged more than 47% since President Trump's inauguration as criticism mounts over Elon Musk's involvement in the administration and his statements backing far-right views. ...CBS News - 4d -
Trump threatens 200% tariff on EU liquor; US stocks continue to fall
Recession fears are growing as President Donald Trump is threatening to impose 200 percent tariffs on alcohol from the European Union, sending stocks plunging yet again. "I'm not going to bend at ...NBC News - 1d -
Here's why banks don't want the CFPB to disappear
For years, American financial companies have fought the Consumer Financial Protection Bureau — the chief U.S. consumer finance watchdog — in the courts and media, portraying the agency as ...NBC News - 4d -
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 - 4d -
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 - Mar. 8 -
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 - 6d -
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 - 6d -
Inflation Data Test May Rock Unsteady Stock Market
The U.S. consumer price index report could generate concerns if inflation is still simmering.Inc. - 5d -
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 - 5d -
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 - 4d -
Delta Air Lines slashes earnings outlook on weaker U.S. demand, sending shares lower
Delta Air Lines cut its first-quarter revenue and profit forecasts, citing weaker consumer and corporate travel demand.CNBC - 4d -
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 - 4d -
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 - 3d