Latest in Consumers Novel
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A record number of consumers are making minimum credit cards payments as delinquencies also rise
The share of active holders just making baseline payments on their cards jumped to a 12-year high, a Philadelphia Federal Reserve report said.CNBC - Jan. 23 -
Reeves’ offensive against regulators sparks alarm from consumer groups
Chancellor’s pro-business intervention raises concerns that protections are being weakenedFinancial Times - Jan. 23 -
Record number of consumers are making minimum credit cards payments as delinquencies rise
Consumer stress has intensified, with an escalating share of credit card holders making only minimum payments on their bills, according to a Philadelphia Federal Reserve report.NBC News - Jan. 22 -
The fires consuming Los Angeles are just the beginning
You can’t even call the LA fires a warning shot. Rather, they are merely the latest episode in a rapidly unfolding story.The Hill - Jan. 22 -
FCA calls for politicians to define acceptable level of consumer harm
Head of regulator warns easing controls on mortgage lending risks more defaults and repossessionsFinancial Times - Jan. 22 -
Brazil fires consumed wilderness area larger than Italy in 2024 – report
New report says more than 30m hectares burned, 79% more than in 2023, after country saw worst drought on record. After enduring its worst drought on record in 2024, Brazil closed the year with ...The Guardian - Jan. 22 -
U.S. craft sake breweries double in number as new consumers embrace the drink
Sake, long associated with sushi and shots, is now reaching new audiences in the U.S. as small-batch craft breweries emerge. Nancy Chen reports on how American brewers are giving a fresh twist to ...CBS News - Jan. 21 -
Food companies want to confuse consumers. The FDA must push back.
Food companies criticize the science supporting front-of-package labeling, delay public consultation periods, push for their own confusing label designs and emphasize the possible harms of a ...The Hill - Jan. 21 -
Trump's second term could mean the downfall of the FDIC, CFPB: Here's what that means for consumers
Here's what experts say about the possible closure of the Federal Deposit Insurance Corporation or the Consumer Financial Protection Bureau.CNBC - Jan. 18 -
US consumers ‘resilient’ in face of high prices and interest rates
Credit card data points to ‘robust’ growth at start of 2025 after shoppers spent $1tn during holiday seasonFinancial Times - Jan. 18 -
FTC sues PepsiCo, alleging price discrimination is raising costs for consumers
The Federal Trade Commission is suing PepsiCo for alleged price discrimination in the final days of the Biden administration.CNBC - Jan. 17 -
Microsoft raises price of consumer version of Microsoft 365 for first time in 12 years
In a blog post Thursday, Microsoft said it's increasing the price of its Microsoft 365 bundle for consumers by $3 a month.CNBC - Jan. 16 -
How Do You Convince Consumers to Eat Plant-Based Meat?
The imitation meat industry is facing an identity crisis, and the challenge of convincing American consumers to make more planet-friendly choices.The New York Times - Jan. 16 -
Increased December Consumer Spending Bodes Well for 2025 Growth
New data shows retail and restaurant spending rose again last month, suggesting consumers unhappy about higher post-pandemic prices are still buying, especially when they can get a good deal.Inc. - Jan. 16 -
Consumer price growth rose in December, a sign Trump will inherit stubborn inflation as he takes office
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that dogged the Biden administration as he re-takes the White House next week.NBC News - Jan. 15 -
Canada’s Trudeau Cautions U.S. Consumers to Consider Harms of Trump’s Tariff Threats
Dismissing the president’s bluster about a 51st state, the departing leader urged Americans to think about the impact of high prices that will accompany new import taxes.Inc. - Jan. 13 -
Graham Norton on latest novel "Frankie" and the art of storytelling
Talk show host and bestselling author Graham Norton joins "CBS Mornings" to talk about his fifth novel, "Frankie," which follows the extraordinary life of an 84-year-old Irish woman. Norton also ...CBS News - Jan. 13 -
Why Trump’s tariffs may bring worse-than-expected price hikes to consumer electronics
As CES winds down in Las Vegas, one cloud hanging over the desert not often mentioned in all the coverage of newly unveiled gadgets was a prediction by the show’s host of how much prices for ...MarketWatch - Jan. 11 -
Locals watched in disbelief, then horror, as flames consumed the Pacific Palisades
The largest wildfire to hit Los Angeles this week rapidly tore through homes and communities, whipped by winds that sent embers skyward.NBC News - Jan. 11 -
The best tech showcased at the 2025 Consumer Electronics Show in Las Vegas
The annual Consumer Electronics Show in Las Vegas is coming to an end on Saturday. Editor-in-chief of CNET, Adam Auriemma, joins "The Daily Report" to break down the top products of the show ...CBS News - Jan. 10 -
As Wildfire Flames Consume Architectural Gems, a Hit to ‘Old California’
The historic ranch house of Will Rogers and an important residence by Ray Kappe were destroyed by the fires, which threaten L.A.’s spectacular design legacy.The New York Times - Jan. 10 -
Consumer expectations for higher inflation soar in early January
Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, according to the University of Michigan’s gauge of consumer sentiment.MarketWatch - Jan. 10 -
Constellation Brands’ stock slides as CEO cites ‘uncertainty’ about consumer spending
The parent of the Modelo and Corona beer brands lowered its 2025 outlook, despite third-quarter profit growth.MarketWatch - Jan. 10 -
How car loans became Britain’s latest consumer finance scandal
Hidden commissions to car dealers inflated costs for buyers. The legal fallout could cost banks billions and restrict access to creditFinancial Times - Jan. 9 -
Chinese consumer prices barely rise as deflationary pressure weighs
Beijing has struggled to stimulate domestic demand in economyFinancial Times - Jan. 9 -
China's consumer inflation slows further in December, stoking deflation worries
China's consumer prices in December edged up 0.1% in line with expectations from a year earlier, National Bureau of Statistics showed Thursday, fanning deflation concerns.CNBC - Jan. 9 -
Eaton Fire consumes homes in Altadena, Pasadena
The Eaton Fire has burned more than 10,000 acres in northeast Los Angeles County, forcing about 33,000 residents to flee. It has torched homes and burned houses of worship in the communities of ...CBS News - Jan. 8 -
New weather update as fires consume parts of Los Angeles County
Hurricane-force winds are still fanning embers that are spreading wildfires in parts of Los Angeles County. CBS News Bay Area meteorologist Jessica Burch has the latest weather forecast.CBS News - Jan. 8 -
Want to sponsor a piece of ocean paradise? How one Pacific island’s novel response to rising seas is paying off
The tiny nation of Niue has raised £3m selling sponsorship of its marine protected area at just over £100 for a square kilometre. Niue, also known as the Rock of Polynesia, is one of the tiniest ...The Guardian - Jan. 8