Latest in Low Income Consumers
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Banner year for fixed-income funds leaves TCW and Western Asset behind
A few flagship bond funds from some big-name Southern California-based firms saw outflows of more than $10 billion each this year through November, according to Morningstar Direct.MarketWatch - 4h -
Government borrowing at three-year low for November
Public sector borrowing was £11.2bn last month, the lowest November figure since 2021.BBC News - 15h -
Seeing Low-Income Consumers Squeezed, Retailers Target $10 and Under Gifts
Inflation is still putting pressure on holiday budgets, which means more items with lower price points on shelves.Inc. - 1d -
I want a retirement-income solution with a 100% chance of success
New retirement research suggests a drawdown strategy that can get pretty close, but it’s not close enough for meMarketWatch - 2d -
Globetrotting 'hothead' with work 'addiction' - incoming Wolves boss Pereira
As Vitor Pereira agrees to become Wolves manager, BBC Sport takes a closer look at his colourful career.BBC News - 3d -
Trust in court system at record low: Gallup
The trust Americans have in the court system has reached a record low, according to a new survey released on Tuesday. The Gallup poll found that the public's confidence in its courts and judiciary ...The Hill - 3d -
Senators demand USDA prevent theft of grocery funds from low-income families
The U.S. Agriculture Department must take immediate action to secure the grocery benefits cards from which low-income families are being robbed, six Democratic senators urged.NBC News - 3d -
Journalists anticipate a renewed hostility toward their work under the incoming Trump administration
When Donald Trump takes office as president for a second time, many journalists anticipate a hostile climate toward them and their workABC News - 4d -
Incoming House Republican: ‘We need a lot more Daniel Pennys’
Rep.-elect Brandon Gill (R-Texas) said the nation needs “a lot more Daniel Pennys,” calling the Marine veteran who was found not guilty of homicide in the New York City subway trial Monday a ...The Hill - 4d -
Incoming Trump border czar on meeting with NYC mayor: 'He gets it'
New York City Mayor Eric Adams (D) and incoming border czar Tom Homan swapped words of praise Thursday, after the two former law enforcement officers met to discuss the scope of collaboration on ...The Hill - Dec. 13 -
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An Argentine tourist is shot in head in Rio after mistakenly driving into low-income community
An Argentine tourist has been shot in the head and chest in Rio de Janeiro after he mistakenly drove his car into a low-income community, police saidABC News - Dec. 12 -
Low-income families, advocates implore Tenn. governor to renew Summer EBT before deadline
A federal program that helped nourish hundreds of thousands of Tennessee children over the summer will expire unless the governor renews it by Jan. 1.NBC News - Dec. 12 -
New York City mayor meeting Trump's incoming "border czar"
New York City Mayor Eric Adams is meeting with Tom Homan, President-elect Donald Trump's incoming "border czar," on the immigration changes planned for the former president's second term. CBS News ...CBS News - Dec. 12 -
Consumers feeling inflation pinch this holiday shopping season
The Labor Department reported Wednesday that consumer prices rose 2.7% year-over-year in November. The news comes as consumers do their holiday shopping and the Federal Reserve weighs its final ...CBS News - Dec. 12 -
Scientists Just Discovered How Your Personality Affects Your Income
A massive new study links higher levels of certain personality traits with higher incomes (and yes, you can do something about it).Inc. - Dec. 12 -
Incoming Trump envoy presses Syrian rebels to release hostages
President-elect Trump’s incoming hostage affairs envoy Adam Boehler pressed the rebels in Syria to release the American hostages in the country as the region grapples with more instability. “The ...The Hill - Dec. 9 -
Consumer watchdog faces daunting future under Trump
The Consumer Financial Protection Bureau (CFPB) is headed for a rocky future under President-elect Trump. The powerful financial watchdog agency is in for a reckoning during a second Trump ...The Hill - Dec. 9 -
Fixed income becomes even harder to navigate
Market participants are realising that the flat, low, predictable rates over the past 15 years were an anomalyFinancial Times - Dec. 9 -
China consumer inflation rate drops to a five-month low, missing expectations as economy slows
China's consumer prices rose less-than-expected in November, climbing 0.2% from a year ago, according to data from the National Bureau of Statistics released Monday.CNBC - Dec. 9 -
Trump Says He Can’t Promise Tariffs Won’t Raise Consumer Prices
President-elect Donald Trump said in an interview that he wouldn’t make promises about the impact of his tariffs.Inc. - Dec. 8 -
Demand for staff sinks to four-year low in UK
Tax rises spread gloom over pre-Xmas jobs market, recruiters report in NovemberFinancial Times - Dec. 9 -
How low-income DC residents can benefit from a second Trump administration
Mayor Muriel Bowser is open to working with the incoming Trump administration to benefit working-class residents of Washington, D.C., with potential areas for collaboration.The Hill - Dec. 8 -
Trump 'can't guarantee' tariffs won't raise prices for consumers
President-elect Trump in a new interview that aired Sunday said he couldn't guarantee Americans would not pay more because of tariffs he has pledged to impose on imported goods. Trump, in an ...The Hill - Dec. 8 -
Trump's tariffs: A tax on American consumers
President-elect Donald Trump has promised to impose across-the-board tariffs on imported goods from some allies and adversaries, claiming that foreign nations will pay such taxes to the U.S. ...CBS News - Dec. 8 -
U.S. consumer credit jumps in October as credit cards drive purchases
Total U.S. consumer credit surged in October, rising by $19.2 billion — the fastest pace since July.MarketWatch - Dec. 6 -
Consumer sentiment rises in December, so do inflation concerns
Short-term inflation readings hit highest level in six months as Democrats worry higher inflation from tariffsMarketWatch - Dec. 6 -
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How Consumer Brands Are Preparing for Trump-Proposed Tariffs
Founders will be working overtime this holiday season on reconfiguring their supply chains away from China.Inc. - Dec. 6 -
When consumers should buy electric cars
President-elect Donald Trump indicated that once in office, he plans on ending the consumer tax credit for electric vehicle purchases. Business Insider autos senior reporter Nora Naughton joins ...CBS News - Dec. 5 -
What Can You Expect From Incoming SBA Chief Kelly Loeffler?
Assuming Loeffler’s nomination is confirmed by the Senate, many challenges await her at the Small Business Administration’s mast.Inc. - Dec. 5 -
Dollar General posts sales beat despite protracted consumer restraint
Dollar General Corp.’s stock was unable to hold its early gains Thursday after the discount retailer’s fiscal third-quarter earnings showed a sales beat but a profit miss, as hurricanes disrupted ...MarketWatch - Dec. 5 -
Black Friday showed consumers are still eager to spend — at the right price
Retailers again saw sales hit new heights from Thanksgiving to Cyber Monday, even as shoppers remain cautious about where and when to spend this holiday season.NBC News - Dec. 5 -
Amazon sued over slower deliveries to low-income neighborhoods
Amazon allegedly stopped its fastest delivery service to almost 50,000 Prime subscribers in two District of Columbia ZIP codes.CBS News - Dec. 4 -
Amazon Sued Over Slow Deliveries to Low-Income Areas
The District of Columbia’s attorney general said the company deliberately outsourced Prime member deliveries in certain ZIP codes.The New York Times - Dec. 4 -
Consumer watchdog wants FTC to investigate Oz for influencer marketing violations
A consumer advocacy group wants the Federal Trade Commission (FTC) to open an investigation into whether Dr. Mehmet Oz violated influencer marketing rules by promoting products from a wellness and ...The Hill - Dec. 3 -
Top US Consumer Watchdog Has a Plan to Fight Predatory Data Brokers
A new proposal by the Consumer Financial Protection Bureau would use a 54-year-old privacy law to impose new oversight of the data broker industry. But first, the agency must survive Elon Musk.Wired - Dec. 3 -
Consumer watchdog proposes crackdown on personal data sales
The Consumer Financial Protection Bureau (CFPB) on Tuesday rolled out a new proposal aimed at cracking down on data brokers selling Americans' sensitive information. Under the proposed rule, the ...The Hill - Dec. 3 -
Incoming House majority squeezed by Trump's planned appointments
President-elect Donald Trump's selection of a number of House Republicans to fill top posts in his administration is pulling from an already shallow bench.CBS News - Dec. 2
