Latest in Consumer
Sort by
170 items
-
GOP senator says 'tariffs is a tax' and Trump understands 'completely'
A GOP senator says President Trump's tariffs are a tax on American consumers, and Trump knows but the goal is to create open markets and long-term fairnessThe Hill - Mar. 13 -
Egg prices are rapidly falling so far in March
Egg prices have become a key pressure point for consumers that are facing the simultaneous headwind of sticky inflation and President Donald Trump's tariffs.CNBC - Mar. 13 -
This American winemaker doesn’t like Trump’s tariffs — but its stock is climbing
Willamette Valley Vineyards founder Jim Bernau said uncertainty caused by Trump’s tariffs is making consumers spend less and has destabilized the U.S. wine industry.MarketWatch - Mar. 14 -
China's ‘Netflix' iQiyi is set to open a theme park with virtual reality based on its own shows
Chinese videostreaming platform iQiyi plans to open its first theme park this year — the latest company to bet that local consumers will spend on experiences.CNBC - Mar. 14 -
Treasury yields rise as expectations for more inflation increase
U.S. Treasury yields rose on Friday as investors awaited consumer sentiment data and were relieved after tame inflation data this week.CNBC - Mar. 14 -
RFK Jr. wants artificial dyes out of America’s food, but it's not clear they’re harmful, scientist says
A priority for the Trump administration is to rid the food system of artificial dyes. Here's what experts say about if FD&Cs are safe to consume.CNBC - Mar. 14 -
Florida Bill Would Ban Mandatory Tips and Service Fees
The proposed legislation sets the stage for tipping based on merit and ditching automatic gratuities. It might address consumers’ tipping fatigue, but is the service industry ready?Inc. - Mar. 17 -
Egg Prices Have Dropped, Though You May Not Have Noticed
Wholesale egg prices are about half what they were last month. Fewer bird flu outbreaks and weakened consumer demand are contributing to the decline, economists say.The New York Times - Mar. 18 -
Fannie Mae, Freddie Mac Regulator Puts 35 Workers on Leave
The National Treasury Employees Union said there had been no advance notice for the employees, who work in consumer protection, equal opportunity and research units.The New York Times - 5d -
Ways to spend — and save — as interest rates stay high and tariffs mount
Consumers should brace for borrowing costs to stay elevated, prices to rise and stock markets to remain on edge for at least a little longer, analysts say.NBC News - 5d -
Why oil companies may not love Pres. Trump's 'drill, baby, drill' agenda
President Donald Trump is seeking lower energy costs for U.S. consumers. His policies may affect oil and gas companies' profit margins.CNBC - 22h -
The Fight Over Trump’s Proposed Port Fees on Chinese Ships
The U.S. maritime industry says that the proposed fees would cost jobs and raise consumer prices. Democrats and some unions say it will help reshore shipbuilding.Inc. - 18h -
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 - Mar. 10 -
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 - Mar. 10 -
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 - Mar. 11 -
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 - Mar. 11 -
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 - Mar. 11 -
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 - Mar. 11 -
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 - Mar. 12 -
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 - Mar. 12 -
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 - Mar. 12 -
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 - Mar. 12 -
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 - Mar. 12 -
Is the new inflation data a good sign for the U.S. economy?
New Consumer Price Index data showed inflation slowed in February, which may be a good sign for the U.S. economy for now. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - Mar. 12 -
Inflation takes it easy
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Inflation cools in Trump’s first month After a week of rising economic fears, the ...The Hill - Mar. 12 -
C.E.O.s Look Beyond a Rosy Inflation Report
Better-than-expected price data can’t quite blunt worries about consumers pulling back, as companies keep scrambling to handle President Trump’s trade fights.The New York Times - Mar. 13 -
How to protect yourself as fraud losses hit $12.5 billion in 2024
A new FTC report reveals a sharp rise in fraud losses, with 2.6 million consumers reporting scams in 2024. With financial fraud surging, CBS News business analyst Jill Schlesinger shares how to ...CBS News - Mar. 13 -
Egg prices are falling, with a dozen now less than $5
After surging for much of the year, egg prices have declined sharply over the past week as consumers pulled back on purchases, allowing supplies to resettle at more normal volumes.NBC News - Mar. 14 -
Buying a Car? Trump’s Tariffs Could Make It More Expensive.
New car prices could increase $4,000 or more, according to one estimate. And used cars could also rise in price. “It’s a crazy situation for consumers,” an expert said.The New York Times - Mar. 14 -
Judge denies CFPB funding relief to Baltimore
A federal judge on Friday handed the Trump administration a win by declining to temporarily block its bid to strip the Consumer Financial Protection Bureau (CFPB) of its reserve funds, after ...The Hill - Mar. 14 -
Avengers Director Says Future Of Entertainment Lies In The Blending Of Gaming And Linear Storytelling
The last decade alone has seen a major shift in how entertainment is produced and consumed, and while the future isn't set in stone, Avengers: Endgame and The Electric State directors Joe and ...GameSpot - Mar. 14 -
Ultra-processed babies: are toddler snacks one of the great food scandals of our time?
For time-poor parents, straws, sticks, pouches and powders can seem like a quick, convenient and even healthy option. But these oversweetened, mushy foods are creating a generation of choosy ...The Guardian - Mar. 15 -
Many young people find safety in the soothing world of ASMR – imagine if we could give them that in the real world | Emma Beddington
ASMR videos can mimic the feeling of physical touch, which a study has found is popular with young consumers. But how many intimate gestures of love, care and connection are they missing out on? . ...The Guardian - Mar. 16 -
U.S. retail sales barely rise, but investors see glimmer of good news in seemingly weak report
Retail sales barely rose in February, in another sign the economy might be weakening as businesses and consumers digest rapid-fire changes being made by the Trump White House.MarketWatch - Mar. 17 -
How economists identify recessions and stagflation
Preliminary data from the University of Michigan shows that consumer sentiment, or how people feel about the economy, declined for a second straight month. It all comes as January saw a decline in ...CBS News - Mar. 17 -
Reporter's Notebook: Economic turbulence
President Trump has promised a little light turbulence. "A little bit of an adjustment period," is what he called it in the joint address to Congress. Consumers are feeling something different. ...CBS News - Mar. 17 -
Amazon AI scammers duped investors out of millions with 'passive income' scheme, FTC alleges
The Federal Trade Commission is going after an e-commerce company that allegedly took millions of dollars from consumers as part of a “passive income” scheme, which spun up Amazon storefronts on ...NBC News - Mar. 18 -
5 questions facing the Fed ahead of its rate decision
The Federal Reserve is expected to keep interest rates steady Wednesday despite growing concerns about the strength of the U.S. economy. Measures of economic confidence spanning consumers, ...The Hill - Mar. 19 -
What to know as United Airlines raises annual fees for lounges and rewards credit cards
United Airlines is raising fees for annual airport lounge membership and its rewards credit cards, a test of how much consumers will shell out for popular travel perks.NBC News - 1d -
Britons cutting back on spending as confidence in economy falls, survey shows
Most feel financial secure but think UK’s economy is worsening, as chancellor plans welfare cuts in spring statement. Consumers are cutting back spending on everyday items amid falling confidence ...The Guardian - 1d