Latest in Important Consumers Economy
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Trump takes actions to increase lumber supplies and curb wood imports
The president signed an executive order to increase the possible supplies of timber and lumber and possibly lower housing and construction costs, according to senior administration officials.CBS News - 4d -
Trump orders probe into lumber imports ahead of possible tariffs
President Trump signed a Saturday executive order requesting an evaluation of lumber imports, which he described as a “critical” manufacturing industry “essential” to national security, economic ...The Hill - 4d -
Jeffries: It's important to have 'strong, determined and dignified Democratic presence’ at Trump address
House Minority Leader Hakeem Jeffries (D-N.Y.) called for Democrats to have a “strong, determined and dignified” presence at President Trump’s address to a joint session of Congress on Tuesday. ...The Hill - 2d -
Trump touts 'important' letter from Zelensky amid push to smooth relations
President Trump in his address to Congress touted receiving a letter from Ukrainian President Volodymyr Zelensky earlier Tuesday amid an effort to smooth ties between Washington and Kyiv following ...The Hill - 1d -
Man United's $120m gamble: Why the Europa League is so important
United will face a hole in their finances if they do not win the Europa League this season.ESPN - 17h -
Canadians protest imports of US toxic waste amid Trump tariff war
Move to expand landfill for US hazardous waste stirs disputes between leaders in Quebec and Montreal suburb. The proposed expansion of a Quebec landfill that accepts hazardous waste from the ...The Guardian - 2h -
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 -
As consumer delinquencies rise, U.S. economic growth increasingly powered by the wealthy
Most official data continues to show the U.S. economy is humming along, with unemployment historically low and inflation expectations still relatively stable.NBC News - Feb. 22 -
US consumer confidence plummets in February, biggest monthly decline since 2021
U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, a business research group said TuesdayABC News - Feb. 25 -
Consumer confidence plunged in February amid rising economic concerns
Sharp drop in closely watched consumer sentiment gauge marks the biggest monthly decline in confidence in more than four years.CBS News - Feb. 25 -
Trump administration lawyers deny plans to dismantle consumer watchdog
The Trump administration denied allegations Monday that it aims to dismantle the Consumer Financial Protection Bureau (CFPB). Government lawyers said in a new court filing that the consumer ...The Hill - Feb. 25 -
US stocks fall as consumer confidence sinks most in four years
Oil prices drop while government bonds climb on worries Donald Trump’s tariffs will hit economyFinancial Times - Feb. 25 -
To Identify Suspect in Idaho Killings, F.B.I. Used Restricted Consumer DNA Data
New records show that the F.B.I. identified Bryan Kohberger as a potential murder suspect after tapping consumer databases that were supposed to be off limits.The New York Times - Feb. 25 -
Trump plan to freeze funding stymies Biden-era energy rebates for consumers
Some states have paused their Home Energy Rebate programs, created by the Inflation Reduction Act, amid a federal funding freeze.CNBC - Feb. 26 -
‘I told him to stop’: the elite restaurant culture that consumed me
To enter a four-star dining room like Jean-Georges is to enter a world of perfection. But in dark corners hidden from guests is its cruel and seedy underbelly. I was working at Jean-Georges, the ...The Guardian - Feb. 27 -
Small Businesses Aren’t the Target of This Week’s Consumer Boycott, but They’re Not Off the Hook
The February 28 ‘economic blackout’ signals growing frustration with the economy.Inc. - 6d -
Why Consumers Are Cutting Back on Shopping and Embracing ‘No Buy 2025’
Marketers followed consumers to social media and their phones. “Low Buy 2025” influencers are sharing tips for how to resist them.The New York Times - 6d -
Why this spot-on consumer-confidence measure should concern stock-market bulls
What current consumer-sentiment readings really mean for stocks.MarketWatch - 5d -
How U.S. tariffs on Mexico, Canada could impact American consumers
The United States will charge import fees, up to 25%, on goods from Mexico and Canada starting Tuesday. It will also place an additional 10% tariff on Chinese imports. CBS News MoneyWatch ...CBS News - 3d -
What tariffs on Canada, Mexico and China could mean for consumers
President Trump's plan to impose 25% tariffs on nearly all goods imported from Canada and Mexico is set to take effect Tuesday. The president also plans to impose an additional 10% tariff on ...CBS News - 2d -
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 -
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 -
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 -
Global vineyard values tumble as consumers put down the bottle
Winemakers are battling shifting tastes as oversupply dents pricesFinancial Times - 1d -
Breaking down possible ripple effects of Trump tariffs on consumers
A brewing trade war is bound to have a ripple effect beyond just the stock market. Kelly O'Grady explains.CBS News - 1d -
Foot Locker’s sales recovery continues, but consumer pressures hurt outlook
Foot Locker’s stock was tripped up by downbeat full-year outlook, which offset continued sales improvements.MarketWatch - 1d -
Campbell’s joins list of consumer companies baffled over specific tariff impacts
Campbell’s said it’s currently too difficult to estimate how tariffs will affect prices and sales.MarketWatch - 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 - 22h -
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 - 19h -
It’s Trump’s economy now — and businesses are anxious about tariffs and Washington upheaval
A burst of optimism among companies after Donald Trump won the U.S. presidential election has faded as business leaders grapple with potentially negative policies of the new White House.MarketWatch - Feb. 21 -
Treasury yields slip as data raise questions about strength of U.S. economy
U.S. Treasury yields slipped on Friday, with short-dated notes tallying their biggest one-day drop since January after a fresh batch of data raised questions about the strength of the U.S. economy.MarketWatch - Feb. 21 -
What have three years of Putin’s war done to both nations’ economies?
As the invasion enters its fourth year, analysts are examining the health of Ukraine and Russia, and who will be the better prospect for investors once the conflict ends. The answers are not as ...The Guardian - Feb. 22 -
Wall Street sees major drop amid concerns over slowing economy
Wall Street saw a dramatic drop on Friday with the Dow Jones plunging nearly 750 points, and the S&P 500 and Nasdaq falling sharply amid fears of a slowing economy and stubborn inflation. CNBC’s ...NBC News - Feb. 22 -
Immigration and an ailing economy dominate Germany’s election as far right eyes gains
The world’s third largest economy goes to the polls Sunday under the shadow of unusually brusque interventions from the Trump administration in support of the anti-immigration far-right.NBC News - Feb. 22 -
UK ministers head to India in search of trade deal they hope will boost economy
Business secretary says negotiations – now in their 15th round – are a ‘top priority’ for Labour government. Ministers are relaunching negotiations with India this week in an attempt to clinch a ...The Guardian - Feb. 23 -
In Britain, a Fight Over a Film Studio Becomes a Test for the Economy
The national government has intervened in a local planning squabble, which has become a symbol for how far it will go to use development as a way to revive the British economy.The New York Times - Feb. 24 -
Here are all the Trump tariffs hitting the economy in the coming weeks
The president’s announcement led to fears that he won’t just be using the threat of new tariffs as a negotiating tool, but as lasting policy.MarketWatch - Feb. 25 -
Why high medical bills are bringing pain to China’s economy
The cost of paying for ‘catastrophic’ health conditions discourages consumption despite improvements in treatmentFinancial Times - Feb. 26