Latest in Consumer Watchdog Cautions
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Business - MarketWatch
Here’s when consumers might finally stop wincing at higher prices, according to Fed’s Daly
The Fed has recently focused more on stability in the job market. But inflation still weighs heavily on the minds of consumers, the San Francisco Fed President says.October 16 -
Business - MarketWatch
Lower oil prices are good for consumers — but a bad sign for the global economy
A significant drop in oil prices may offer consumers reason to celebrate, but it also hints at an economic slowdown in China, the world’s second largest economy.October 16 -
World - Financial Times
EU markets watchdog pushes for extra cyber defences in new crypto rules
Esma asks for amendment to tighten regulation with demand for external audits of defences against hackersOctober 16 - European Union -
Business - The Wall Street Journal
Rio Tinto's Australian Iron Ore Output Rises, but Miner Cautions on Cost Inflation
The world’s second-biggest miner by value said it produced slightly more iron ore from its Australian operations in the third quarter of 2024 but cautioned on inflation pressures.October 15 -
Business - CNBC
Wells Fargo CEO calls consumers 'extremely resilient'
Wells Fargo CEO Charlie Scharf gave CNBC's Jim Cramer a positive read on the consumer landscape.October 15 -
Politics - The Hill
USDA watchdog opening investigation into agency handling of Boar's Head outbreak
The U.S. Department of Agriculture’s internal watchdog has opened an investigation into the agency’s handling of violations at a Boar’s Head plant that led to a multi-state listeria outbreak, ...October 15 -
Top stories - NBC News
American consumers are increasingly underwater on their car loans
DETROIT — A growing number of Americans with auto loans owe more than their vehicles are worth, according to a report Tuesday from Edmunds.com.October 15 -
Business - CNBC
American consumers are increasingly underwater on their car loans
Edmunds.com reported that the average amount owed on upside-down loans climbed to an all-time high of $6,458 during the third quarter.October 15 -
Top stories - CBS News
Boar's Head recall sparks USDA watchdog probe into handling of listeria outbreak
Sen. Richard Blumenthal had urged a probe into the USDA's handling of the Boar's Head plant, calling it an "abject failure."October 15 -
Business - Financial Times
France warns it could block €15.5bn Sanofi consumer health deal
Proposed sale of controlling stake to US private equity group has sparked backlash in countryOctober 15 -
World - Financial Times
Fed’s Waller calls for rate cut caution after ‘disappointing’ data
Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcomeOctober 15 -
Top stories - BBC News
Would Donald Trump’s taxes on trade hurt US consumers?
What could happen if Donald Trump drastically increases tariffs as he has promised to do?October 14 - Donald Trump -
Business - CNBC
Fed Governor Waller sees need for 'more caution' ahead when lowering interest rates
Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September.October 14 - Federal Reserve -
Top stories - NBC News
Fed Governor Christopher Waller sees need for more caution when lowering interest rates
Federal Reserve Governor Christopher Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September as he expressed concern that the economy could ...October 14 - Federal Reserve -
Business - MarketWatch
Waller skeptical of more big Fed rate cuts amid worries a strong economy could reignite inflation
A key voter on the Federal Reserve said the surprising strength of the economy suggests the central bank should “proceed with more caution” in cutting U.S. interest rates to make sure inflation ...October 14 - Federal Reserve -
Business - MarketWatch
Hint of ‘very high’ consumer inflation expectations raises risks for Treasury market
Buried inside last Friday’s data from the University of Michigan was a shocking inflation outlook from a small segment of consumers — one that is causing some nervousness about whether ...October 14 -
Business - Inc.
Here’s What Consumer Power Will Tell Us About the Economy
Corporate earnings reports and retail sales data could offer evidence that the U.S. economy is resilient as inflation ebbs.October 14 -
World - The Guardian
European audit of democracy standards too positive, says human rights watchdog
European Commission report ‘completely ineffective as an enforcement tool’, according to civil liberties organisation. The European Commission’s exhaustive annual audit of democratic standards ...October 14