Latest in Consumers Chips Concerns
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Consumer Finance Watchdog Caps Overdraft Fees as Banks Object
The CFPB caps fees at $5 per overdraft notice, saying banks have turned added fees into a profit center.Inc. - 1d -
Xi prioritises consumers over chips as concerns over growth mount
Readout from key policy meeting indicates government’s realisation of economic challengeFinancial Times - 10h -
Texas sues DuPont, 3M over 'forever chemicals' in consumer products
Texas Attorney General Ken Paxton (R) is suing companies that have historically made toxic “forever chemicals,” commonly referred to as PFAS, or products that contain them, alleging false ...The Hill - 19h -
Consumers feeling inflation pinch this holiday shopping season
The Labor Department reported Wednesday that consumer prices rose 2.7% year-over-year in November. The news comes as consumers do their holiday shopping and the Federal Reserve weighs its final ...CBS News - 1d -
Rep. Chip Roy reacts to Trump's call for deal to protect "Dreamers"
President-elect Donald Trump says he wants a deal to protect "Dreamers," undocumented immigrants brought into the country as children. That's despite his plans to conduct mass deportations when he ...CBS News - 1d -
Concerning new data on U.S. inflation
New inflation data shows concerning consumer trends and sticky high prices for food and shelter. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 1d -
Consumer Price Index indicates inflation rose 0.3% in November
The Consumer Price Index for November indicated inflation rose 0.3% month over month with some grocery prices increasing. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb Silver walk ...NBC News - 2d -
How consumers can protect themselves against porch pirates this holiday season
A new consumer survey shows package thieves have stolen from 14 million Americans in just the last three months. National consumer correspondent Usher Quraishi shows how to protect yourself from ...CBS News - 2d -
Alphabet shares jump 6% after Google touts 'breakthrough' quantum chip
Google shares rose on Tuesday after the company's unveiling of "Willow," its latest quantum computing chip.CNBC - 2d -
If Trump adds tariffs, 'either way, there is a cost to consumers,' economist says
President-elect Donald Trump's tariff plan is expected to raise costs, especially for low and middle earners, experts said. But the scope of tariffs is unclear.CNBC - 2d -
Lam Research launches collaborative robots to optimize critical maintenance in chip factories
Lam Research introduced Dextro, the chip industry’s first collaborative robot designed to optimize maintenance in chip factories.VentureBeat - 3d -
New alarming Boeing whistleblower concerns
A Boeing worker is making new claims about potentially defective parts that he says appear to be missing. CBS MoneyWatch correspondent Kelly O'Grady breaks down the impact of the allegations.CBS News - 4d -
Google unveils 'mind-boggling' quantum computing chip
It solves in five minutes a problem computers now would need 10,000,000,000,000,000,000,000,000 years to work out, Google says.BBC News - 4d -
Google unveils ‘mindboggling’ quantum computing chip
Chip takes minutes to complete tasks that would otherwise take 10,000,000,000,000,000,000,000,000 years. It measures just 4cm squared but it possesses almost inconceivable speed.. Google has built ...The Guardian - 4d -
Consumer watchdog faces daunting future under Trump
The Consumer Financial Protection Bureau (CFPB) is headed for a rocky future under President-elect Trump. The powerful financial watchdog agency is in for a reckoning during a second Trump ...The Hill - 4d -
Trump Says He Can’t Promise Tariffs Won’t Raise Consumer Prices
President-elect Donald Trump said in an interview that he wouldn’t make promises about the impact of his tariffs.Inc. - 4d -
Trump 'can't guarantee' tariffs won't raise prices for consumers
President-elect Trump in a new interview that aired Sunday said he couldn't guarantee Americans would not pay more because of tariffs he has pledged to impose on imported goods. Trump, in an ...The Hill - 5d -
Trump's tariffs: A tax on American consumers
President-elect Donald Trump has promised to impose across-the-board tariffs on imported goods from some allies and adversaries, claiming that foreign nations will pay such taxes to the U.S. ...CBS News - 5d -
U.S. consumer credit jumps in October as credit cards drive purchases
Total U.S. consumer credit surged in October, rising by $19.2 billion — the fastest pace since July.MarketWatch - 6d -
Consumer sentiment rises in December, so do inflation concerns
Short-term inflation readings hit highest level in six months as Democrats worry higher inflation from tariffsMarketWatch - Dec. 6 -
How Consumer Brands Are Preparing for Trump-Proposed Tariffs
Founders will be working overtime this holiday season on reconfiguring their supply chains away from China.Inc. - Dec. 6 -
How the chip war could turn under Trump
From tariffs to AI demand, US companies are pondering what comes nextFinancial Times - Dec. 6 -
When consumers should buy electric cars
President-elect Donald Trump indicated that once in office, he plans on ending the consumer tax credit for electric vehicle purchases. Business Insider autos senior reporter Nora Naughton joins ...CBS News - Dec. 5 -
Dollar General posts sales beat despite protracted consumer restraint
Dollar General Corp.’s stock was unable to hold its early gains Thursday after the discount retailer’s fiscal third-quarter earnings showed a sales beat but a profit miss, as hurricanes disrupted ...MarketWatch - Dec. 5 -
Black Friday showed consumers are still eager to spend — at the right price
Retailers again saw sales hit new heights from Thanksgiving to Cyber Monday, even as shoppers remain cautious about where and when to spend this holiday season.NBC News - Dec. 5 -
Why France's turmoil is grave concern for Europe
There's no end in sight to the political instability as French PM Barnier faces a no-confidence vote.BBC News - Dec. 4 -
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Marvell’s stock skyrockets as it’s dubbed the next hot AI chip name
Wall Street is excited about Marvell’s traction in custom offerings and partnership with Amazon’s AWS.MarketWatch - Dec. 4 -
Nvidia Rules A.I. Chips, but Amazon and AMD Emerge as Contenders
Amazon, Advanced Micro Devices and several start-ups are beginning to offer credible alternatives to Nvidia’s chips, especially for a phase of A.I. development known as “inferencing.”The New York Times - Dec. 3 -
Apple says it uses Amazon's custom AI chips
Apple is currently using Amazon Web Services' custom AI chips for services like searching and will evaluate if its latest AI chip can be used to pre-train its AI models like Apple Intelligence.CNBC - Dec. 3 -
Consumer watchdog wants FTC to investigate Oz for influencer marketing violations
A consumer advocacy group wants the Federal Trade Commission (FTC) to open an investigation into whether Dr. Mehmet Oz violated influencer marketing rules by promoting products from a wellness and ...The Hill - Dec. 3 -
China retaliates against latest US chip restrictions
Beijing bans export of materials used in semiconductors and batteriesFinancial Times - Dec. 3 -
China responds to US chip sanctions, banning exports of key minerals
China has banned exports of some rare minerals to the United States as tensions over trade heat up after the U.S. issued new restrictions on exports of certain semiconductor chips and equipment to ...The Hill - Dec. 3 -
Trump adviser on Hegseth pick: ‘There aren't any concerns’
President-elect Trump senior adviser Jason Miller said that the team isn’t concerned with the pick for Defense secretary, Pete Hegseth, amid controversial reports about him emerging in recent days. ...The Hill - Dec. 3 -
Top US Consumer Watchdog Has a Plan to Fight Predatory Data Brokers
A new proposal by the Consumer Financial Protection Bureau would use a 54-year-old privacy law to impose new oversight of the data broker industry. But first, the agency must survive Elon Musk.Wired - Dec. 3 -
Consumer watchdog proposes crackdown on personal data sales
The Consumer Financial Protection Bureau (CFPB) on Tuesday rolled out a new proposal aimed at cracking down on data brokers selling Americans' sensitive information. Under the proposed rule, the ...The Hill - Dec. 3 -
U.S. announces new export controls on China's chip industry
The United States on Monday launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies.NBC News - Dec. 3 -
Chip war ramps up with new US semiconductor restrictions on China
Biden administration broadens limits on Chinese access to advanced microchip technology, with Donald Trump expected to go even further . The US has announced new export restrictions targeting ...The Guardian - Dec. 3
