Latest in February Consumer Price
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Rocket’s Redfin super app punt looks less than stellar
Market scepticism reflected in drop in mortgage lender’s share price since deal announced on MondayFinancial Times - 1d -
Chinese authorities summon Walmart executives over Trump’s tariffs
Move comes after reports that retailer asked its suppliers to cut prices in response to US leviesFinancial Times - 1d -
We're adding to an industrial that eased worries about its AI data center business
We're making another buy on Thursday — taking advantage of weakness and lower stock prices in a deeply oversold market.CNBC - 18h -
‘Zero conversations’ about London IPO valuation, says Shein boss
Donald Tang says management of fast-fashion retailer has yet to discuss price tag ahead of long-planned flotationFinancial Times - 9h -
Iranian singer who urged women to go without hijab is lashed over alcohol conviction
Iranian officials have flogged a popular singer who posted a song online urging women to remove their mandatory headscarves over a conviction for possessing and consuming alcoholABC News - 6d -
Uncertain Shoppers Slow Spending as Retailers Temper 2025 Expectations
The Conference Board said consumer confidence took its biggest one-month slide in four years, forcing many national chains to lower earnings guidance.Inc. - 6d -
Buying a Home? Without the CFPB, You Need to Be Your Own Watchdog.
The C.F.P.B. had kept a close eye on mortgage lenders. But with the bureau hobbled, consumers should take several steps, starting with shopping for the best mortgage rates.The New York Times - 6d -
Trump Organization Sues Capital One for Closing Its Accounts
President Trump’s family business accused the bank of violating consumer protection laws by closing its accounts in the aftermath of the Jan. 6 attack.The New York Times - 6d -
It's 'shoot first and ask questions later' as DOGE tries to dismantle CFPB: Official
At a court hearing Monday, CFPB’s COO Adam Martinez gave a sworn account of the chaos that has consumed the federal agency meant to stop unfair corporate practices.ABC News - 2d -
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 - 17h -
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 - 8h -
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 - 4h -
Sources: Gap in money led to Marchand trade
The Bruins put a three-year deal on the table for Brad Marchand in February, but the sides had different perspectives on money, leading to his trade to the Panthers, sources told ESPN.ESPN - 5d -
This five-star all-weather ETF can lower your exposure to risky stocks and bonds
The Harbor Commodity All-Weather Strategy ETF has matched the S&P 500’s performance since the fund was launched in February 2022 — but it has been a much smoother ride.MarketWatch - 19h -
Stocks slide into correction as tariff anxiety persists.
The S&P 500 is on the cusp of closing in a correction, or a 10% drop from its February high. Constantly moving goal posts on tariffs and trade have rattled investors.The New York Times - 13h -
How immigration and tariffs are impacting the cost of milk
A new CBS Reports documentary, "The Price of Milk," explores how immigration and tariffs impact dairy prices in the United States. The film takes a behind-the-scenes look at the legal and ...CBS News - 3d -
How Foreign Aid Cuts Are Setting the Stage for Disease Outbreaks
Organizations funded by the United States helped keep dangerous pathogens in check around the world. Now many safeguards are gone, and Americans may pay the price.The New York Times - 5d -
Kugler says Fed should hold interest rates amid inflation risks
Inflation could continue to be 'persistent' and prices could potentially increase again, Federal Reserve Governor Adriana Kugler told CNBC's Silvia Amaro.CNBC - 3d -
In bird flu fight, USDA almost doubling the $1.1 billion already spent
As bird flu continues to spread, impacting poultry farms and the price of eggs, the Agriculture Department says it's almost doubling the amount spent to combat it.CBS News - 3d -
Trump rejects pleas from business for more clarity on tariffs: 'They always say that'
Trump and his aides warned amid the tariff controversy that Americans could be in store for some temporary economic strain — including higher prices.CNBC - 3d -
Stocks Drop as Recession Fears Surface
The S&P skidded 2.7 percent, amid investor fears that tit-for-tat tariffs could raise prices, slow the economy and sow uncertainty among businesses.The New York Times - 3d -
Chinese Companies Rush to Put DeepSeek in Everything
From video game developers to a nuclear power plant, companies across China are adopting DeepSeek’s AI models to boost stock prices and flaunt their national pride.Wired - 1d -
Here's what today's CPI report says about inflation
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.CBS News - 1d -
Tariffs Add to Automaker Concerns About Higher Steel Costs
Even before the new levies took effect, the industry was worried about prices after President Trump opposed a major merger in the steel sector.The New York Times - 1d -
This step is ‘really important’ if you plan to sell your home in 2025, economist says
Selling your house takes more than just putting up a “for sale” sign. Getting the right asking price is a really important step, experts say.CNBC - 1d -
U.S. 10-year Treasury yield is little changed as investors digest latest inflation report
U.S. Treasury yields were little changed on Thursday as investors awaited the producer price index report and weighed the state of the U.S. economy.CNBC - 19h -
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 - 3d -
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 - 3d -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 1d -
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 - 1d -
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 - 19h -
Skype shutdown surfaces sweet memories: ‘I proposed marriage’
Guardian readers share how the software connected them with loved ones when there were few affordable means to reach those for away. Microsoft announced on the last day of February that it would ...The Guardian - 4d -
‘They came across as muppets’: Christo Grozev on being target of Bulgarian spy ring
Investigative journalist called ‘modern-day Sherlock’ by Alexei Navalny on unsettling photos, reprisals and being exiled from Vienna. Christo Grozev was sitting in a New York cafe in February 2023, ...The Guardian - 3d -
Fired special counsel says he was preparing push to return all fired probationary employees to their job
Former special counsel Hampton Dellinger said he was planning to pursue legal action to restore all fired probationary workers back to their posts before a court failed to keep him in his role. ...The Hill - 2d -
How not to be deported: India’s nurses seeking work abroad learn how to migrate safely
Kerala is providing lessons on how not to be scammed by employment agencies as US and UK step up immigration raids. On a warm February morning, Devika, 24, sits with more than 60 classmates in the ...The Guardian - 2d -
Diana Taurasi and the challenge of saying goodbye and discovering what’s next
PHOENIX — As Diana Taurasi recently boarded a flight to New York, her 7-year-old son, Leo, had a question. “Is retirement sad?” he said. In late February, Taurasi, a 20-year veteran of the Phoenix ...Yahoo Sports - 8h