Latest in Higher Prices Consumers
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US consumers warned to brace for higher prices due to Trump’s tariffs
Prices ‘highly likely’ to rise almost immediately, retailers say, after 25% duty hits exports from Mexico and Canada. Trump’s Congress speech – latest updates Americans have been warned to ...The Guardian - 1d -
Trump tariffs will mean higher prices for consumers, retailers say
Retailers including Best Buy and Target are warning that Trump administration tariffs will force them to hike their prices.CBS News - 17h -
Oil prices end higher as U.S. imposes more sanctions on Iran
Oil futures finished higher on Monday, with prices finding support after a nearly 3% decline Friday, as the U.S. imposed fresh sanctions on Iran, impacting its crude sector.MarketWatch - Feb. 24 -
How Trump's Canada and Mexico tariffs risk higher prices on cars
President Donald Trump’s decision to impose a 25% tariff on all imports coming into the U.S. from Canada and Mexico is expected to take a particular toll on the U.S. auto industry.NBC News - 1d -
Target, Best Buy warn of higher prices over Trump tariffs
Target and Best Buy warned on Tuesday that shoppers should expect to see higher prices on certain goods as President Trump's tariffs on Mexico, Canada and China go into effect and those nations ...The Hill - 1d -
Consumers turn to renting chickens as egg prices soar
As the bird flu outbreak impacts egg shortages and prices, some people are turning to renting or buying backyard chickens.CBS News - Feb. 21 -
How Tariffs Could Raise Prices for U.S. Consumers: Avocados, Gas and More
New tariffs on goods from Canada, Mexico and China took effect Tuesday. They are likely to result in higher prices for Americans.The New York Times - 2d -
Canada, Mexico tariffs create 'ripple effects' on consumer prices, economist says
Tariffs on the two largest trading partners of the United States are expected to have far-reaching impacts that may be hard to predict.CNBC - 1d -
Novo Nordisk slashes Wegovy prices through direct-to-consumer pharmacy
Pharmaceutical manufacturer Novo Nordisk on Wednesday announced it will be offering a direct-to-patient program for uninsured and underinsured individuals to be able to pay cash for its weight loss ...The Hill - 19h -
Consumers elected Trump to lower prices — his policies could do the opposite
“We’re not seeing anything that is credibly going to address the high prices of food, housing, and health care that he pledged to do something about,” one economist said.MarketWatch - 16h -
Eli Lilly is selling higher-dose vials of Zepbound at a lower price to boost weight loss drug access
Eli Lilly is offering higher-dose vials through its direct-to-consumer website, LillyDirect, which started offering lower doses in vials in August.CNBC - Feb. 25 -
Oil prices settle higher after Trump moves to end Venezuela crude deal
Oil futures settled higher Thursday, finding support a day after President Trump said he was revoking a license issued by the Biden administration that had allowed Chevron to produce oil in Venezuela.MarketWatch - 6d -
Trump puts tariffs on thousands of goods from Canada and Mexico, risking higher prices
President Donald Trump has moved forward with a plan to put sweeping tariffs on all goods coming into the United States from Canada and Mexico, threatening a trade war with its closest trading ...NBC News - 2d -
Consumers turn to buying or renting hens as egg prices soar, but it may not help you save
Amid the rising costs of eggs, some consumers are looking for alternatives. Across the country, some hatcheries said they're seeing more interest in buying chickens, but experts warn you may not ...CBS News - Feb. 21 -
Novo Nordisk offers Wegovy for less than half the price through new direct-to-consumer pharmacy
The pharmacy, called NovoCare, will allow patients to pay $499 in cash per month for the blockbuster weight loss drug.CNBC - 20h -
Is the Future of the Creator Economy Direct-to-Consumer?
Confusion surrounding the TikTok ban last month has pushed creators to seek more stable ways to earn.Inc. - Feb. 21 -
Trump tariff threats rattle consumers
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Consumer confidence dips in Trump’s first month A new survey found that ...The Hill - Feb. 21 -
EPA to make higher-ethanol gas available year round beginning in April
The Environmental Protection Agency (EPA) will proceed with Biden-era plans to allow the year-round sale of higher-ethanol E15 fuel, a longtime ask of midwestern lawmakers and the biofuels ...The Hill - Feb. 24 -
Chinese manufacturing returns to growth despite threat of higher Trump tariffs
Fastest expansion in three months as new orders rise at Chinese factories. China’s manufacturing activity expanded at the fastest pace in three months in February, despite the looming threat that ...The Guardian - 4d -
Cost of HS2 ‘bat tunnel’ 20% higher than previously thought
Final price expected to be £119mn, with work completed next yearFinancial Times - 3d -
Men with higher-quality sperm live longer, study finds
Research suggests difference in life expectancy between men with highest and lowest quality is nearly three years. Sperm may be the canaries in the coalmine for male health, according to research ...The Guardian - 1d -
We're buying the dip in a tech stock that we trimmed at higher levels this year
The stock is getting hit after issuing light guidance alongside its strong earnings report.CNBC - 1d -
Job cuts last month higher than any February since 2009
U.S.-based employers cut more jobs this February than in any February in 16 years, according to a new report from outplacement firm Challenger, Gray and Christmas. This year, employers announced ...The Hill - 57m -
The Price You Pay: Egg prices’ impact on bakeries
One of the downstream impacts of bird flu and the soaring egg prices: its impact on bakeries. We visit one Pittsburgh bakery struggling that’s seen egg prices soar in the last two years, and the ...NBC News - Feb. 21 -
Consumer confidence plummets in largest drop since 2021
A gauge of consumer confidence registered its largest monthly drop since 2021.ABC News - Feb. 25 -
New consumer confidence index data drops sharply
New data from the consumer confidence index shows a concerning drop in economic outlook among Americans. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - Feb. 25 -
Consumer confidence has biggest drop since 2021
U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years. Kelly O'Grady explains.CBS News - Feb. 25 -
Trump’s tariffs spook consumers weary of inflation
The high spirits that greeted the US president’s election triumph in November have fadedFinancial Times - Feb. 26 -
Chipotle praised for ‘quality and size’ as it faces a ‘choppier’ consumer
Chipotle Mexican Grill’s stock rose Monday after the restaurant chain picked up a fresh upgrade from Morgan Stanley and the company’s chief executive reiterated comments about managing the impact ...MarketWatch - 2d -
The U.S. dollar is sending an alarming signal to investors and consumers
Global stocks struggled on Tuesday as President Donald Trump’s latest batch of tariffs took effect, targeting Canada, Mexico and China. But even more troubling, according to some, was the reaction ...MarketWatch - 1d -
No ‘golden age’ is coming. Trump’s tariffs will hit Americans with higher interest rates and more inflation.
Protectionism won’t make us rich — especially if tariffs launch a trade war.MarketWatch - Feb. 25 -
Bank of England rate setter warns of higher UK inflation risk driven by wages
Deputy governor Dave Ramsden says interest rate cuts must be gradualFinancial Times - 6d -
European Central Bank to make 'last easy rate cut' as tariffs, higher fiscal spending loom
Disagreement among policymakers may be set to increase as the neutral rate swims into view.CNBC - 1d -
Weekly mortgage demand surges 20% higher, after interest rates drop to the lowest since last year
Mortgage demand rallied last week after interest rates dropped to the lowest level since December 2024.CNBC - 1d -
Is Price Gouging Part of Rising Egg Prices? Officials Want to Know
Consumer advocates, Democratic legislators and an FTC official call for an investigation into why the average price for a dozen eggs is now $4.95, squeezing restaurants and household shoppers.Inc. - 5d -
Consumer sentiment sours as worries grow over outlook for U.S. economy
Confidence dropped 10% from January to the lowest level since late 2023.MarketWatch - Feb. 21 -
U.S. Consumers Are Increasingly Worried About Trump’s Tariff Plans
The Consumer Sentiment Index hit its lowest reading since November 2023.Inc. - Feb. 21 -
US stocks dip amid concerns over tariffs and consumer belt-tightening
All three major stock indexes moved decisively lower, extending sell-off in wake of dour economic reports. US stocks tumbled on Friday, extending a sell-off in the wake of dour economic reports and ...The Guardian - Feb. 21 -
Could Elon Musk benefit from DOGE cuts at consumer protection watchdog?
Earlier this month, President Trump fired Rohit Chopra, director of the Consumer Financial Protection Bureau. Lesley Stahl has more on the agency and the Trump administration's attempts to ...CBS News - Feb. 21