Latest in Important Consumers Economy
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U.S. Economy Under Stress, and a Behind-the-Scenes Look at DOGE
Plus, Gene Hackman’s everyman legacy.The New York Times - Feb. 27 -
Why a Senior LinkedIn Exec Believes AI Will Spark a Shift to an ‘Innovation Economy’
Aneesh Raman, the career site’s chief economic opportunity officer, predicts the powers of generative AI will democratize innovation, and transform the activities and priorities of businesses ...Inc. - 6d -
U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.The New York Times - 6d -
Economists say Trump tariff threats, DOGE job cuts are 'chilling' the economy
Economists say uncertainty from Trump’s tariff threats and mass layoffs of government workers are starting to have a “chilling” effect on the U.S. economy.ABC News - 6d -
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Key Interest Rate Falls as Worries About the Economy Rise
Investors’ increasingly gloomy sentiment about economic growth appears to be driving down the 10-year Treasury yield.The New York Times - 2d -
46 percent say Trump changing economy for the worse: Survey
More Americans think that President Trump is changing the U.S. economy for the worse than for the better, according to a survey released Monday. The NPR/PBS News/Marist poll found that 46 percent ...The Hill - 2d -
Reeves warns trade war will harm UK’s economy even if it avoids tariffs
Chancellor says growth and inflation will be hit by fallout from global frictionFinancial Times - 2d -
Will Trump’s tariffs push the U.S. economy into recession? Many economists think so.
Tariffs will affect corporate hiring and put U.S. manufacturers operating globally in a difficult situation, economists say.MarketWatch - 1d -
Stagflation fears rise as Trump tariffs take effect, economy slows
Among consumers, long-run inflation expectations are at their highest level in almost 30 years while general sentiment is seeing multi-year lows.NBC News - 1d -
Stagflation fears bubble up as Trump tariffs take effect and the economy slows
A growth scare in the economy has accompanied worries over a resurgence in inflation, threatening to potentially rekindle stagflation.CNBC - 1d -
Trump voters say president needs more time to turn economy around
The economy helped put President Trump back in the White House, and it will be a pillar of his speech to Congress. He is expected to talk about lowering prices for Americans, even as his tariffs ...CBS News - 1d -
Trump's cuts to foreign food aid are affecting U.S. farmers, rural economies
President Trump's policies in the early days of his second term are creating uncertainty across the country. Cuts he's making in foreign food aid could have a major impact in America's heartland, ...CBS News - 1d -
China Signals Confidence in Economy Despite Sluggish Growth and U.S. Trade War
As Chinese leaders meet in Beijing, they are striking a confident posture despite serious challenges to the economy and growing pressure from the United States.The New York Times - 1d -
Dancehall legend Beenie Man returns to US after 10-year visa ban: ‘It’s important to have that access’
Jamaican artist steps foot in US Virgin Islands as governor’s guest of honour and speaks of being a musical ambassador. The dancehall legend Beenie Man has been a global superstar since the 1990s, ...The Guardian - Feb. 21 -
Ludvig Aberg a famous winner and Brian Campbell an unknown. Both are important to the PGA Tour
Ludvig Aberg and Brian Campbell don't have much in common except winning on the PGA TourABC News - Feb. 25 -
GOP Sen. Lankford defends measles vaccine amid outbreak: ‘I think it’s very important’
Sen. James Lankford (R-Okla.) tells Kristen Welker on Meet the Press that he will continue to encourage his constituents to get the measles vaccine amid growing outbreaks in the U.S.NBC News - 4d -
The U.S. is the world’s largest oil producer. So why does it still import crude from Canada?
Trump’s Canada-Mexico tariffs threaten a price spike in gasoline prices.MarketWatch - 3d -
Disney’s Apology for Cutting Off the Oscars Before the Biggest Awards Missed the Most Important Point
The company blamed the major fail on ‘technical and live stream issues.’Inc. - 2d -
Trade deficit balloons to record high in January as companies scramble to import goods to avoid tariffs
The U.S. international trade deficit widened 34% in January to $131.4 billion, the Commerce Department said Thursday. It’s the widest deficit going back to the start of the series in 1992.MarketWatch - 3h -
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 -
Consumer confidence dips in Trump's first month as tariff threats drive inflation fears
Consumers’ attitude toward the economy dipped during President Trump’s first month in office, according to the University of Michigan’s monthly consumer survey released Friday. Consumer sentiment ...The Hill - Feb. 21 -
Consumer confidence sinks to 8-month low on worries about inflation and Trump tariffs
A postelection high in consumer confidence after the election of Donald Trump has petered out, as the public digests major upheavals in U.S. economic policies by the new White House.MarketWatch - Feb. 25 -
Amid risks to Education Dept., borrowers should 'immediately' take key actions, consumer advocates say
Amid the threats to the Education Dept. and reports that Musk's DOGE had gained access to student loan borrower data, consumer advocates are issuing warnings.CNBC - Feb. 25 -
Third of emissions cuts must come from consumers, says UK climate watchdog
Government advisers call for an overhaul of domestic heating systems and suggest airfares could riseFinancial Times - Feb. 26 -
Trump to ratchet up China tariffs again. Here’s why American consumers will feel the pain this time.
New York Fed analysis suggests “missing imports” from China could mean higher costs ahead.MarketWatch - 6d -
House Democrats join legal fight against Trump's efforts to dismantle consumer protection agency
House Democratic leaders are getting directly involved in one of the legal battles against the Trump administration, filing an amicus brief in support of a lawsuit seeking to block the dismantling ...NBC News - 6d -
DOGE plans to wind down consumer protection agency and fire nearly all staff, employees say
The Consumer Financial Protection Bureau’s Trump-appointed leadership plans to fire nearly all its 1,700 employees while “winding down” the agency, according to testimony from employees.NBC News - 6d -
Consumer Financial Protection Bureau drops lawsuits against Capital One and Berkshire, Rocket Cos. units
The moves are the latest sign of the abrupt shift at the agency since acting CFPB director Russell Vought took over this monthCNBC - 5d -
U.S. Consumers Cut Spending More Drastically in January Than Any Other Time in the Past Four Years
The threat of tariffs has led shoppers to tighten their purse strings.Inc. - 5d -
CTA warns that tariffs could lower U.S. consumer purchasing power by $90B to $143B
The CTA warned today that the tariffs on foreign goods will fuel inflation and hurt U.S. consumer purchasing power by up to $143 billion.VentureBeat - 2d -
Target warns February sales were soft, adding to concerns about consumer health
Target’s weak first-quarter guidance added to concerns about consumer health after weak January spending numbers and a slide in consumer confidence.CNBC - 2d -
Refiners' trade group: Tariffs won't make US energy secure, lower consumer costs
A refiners’ trade group knocked President Trump for his 25 percent tariffs on Canada and Mexico, both neighboring nations known for having the largest bilateral free trade agreements with the ...The Hill - 1d -
Novo Nordisk goes direct to consumer with Wegovy. What it means for obesity rival Eli Lilly
Shares of Eli Lilly rose Wednesday despite its rival's announcement.CNBC - 23h -
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 - 23h -
Victoria’s Secret says year will ‘gradually get better’ despite wobbly consumer confidence
Victoria’s Secret & Co. on Wednesday said it expects the year ahead to “gradually get better,” despite what it characterized as shaky consumer confidence and sales forecasts that came in below ...MarketWatch - 16h -
Moscow loathed the U.S. for years as its economy paid a high price for war — now, it’s doing a U-turn
Moscow has denigrated the United States' leadership, economy and culture — but now things are changing amid a "revival" of Russia-U.S. relations.CNBC - Feb. 20 -
Germany’s election will usher in new leadership — but might not turn tides for the country's struggling economy
Friedrich Merz has criticized Olaf Scholz on the economy, but experts question if a government led by the Christian Democratic Union would fare much better.CNBC - Feb. 21 -
Steve Cohen says tariffs and DOGE's cuts are negative for economy, market correction could be soon
The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and federal spending cuts.CNBC - Feb. 21
