Latest in Stake Consumers
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Consumer price report Wednesday expected to show inflation isn't going away
Another month, another expected miss for inflation as it relates to the Fed's goal, with concerns aplenty about what happens from here.CNBC - 57m -
UniCredit posts record profit as Orcel ups dealmaking stakes
Italian lender says its holding in insurer Generali is now above 5%Financial Times - 6h -
Vance makes his debut as VP at a high-stakes AI summit in Paris
JD Vance is stepping onto the world stage for the first time as U.S. vice president this week, using a high-profile artificial intelligence summit in France and a gathering of national security ...ABC News - 1d -
36 Hours After Russell Vought Took Over Consumer Bureau, He Shut Its Operations
The agency had been one of Wall Street’s most feared regulators, with the power to issue rules on mortgages, credit cards, student loans and other areas affecting Americans’ financial lives.The New York Times - 1d -
What Forerunner Ventures Looks For in Consumer Startups: Vision, Magnetism, and Unfair Advantages
Partner Nicole Johnson shares her outlook for consumer brands and where she’s looking to invest in 2025.Inc. - 1d -
Consumer Financial Protection Bureau Ordered to Cease Activity
In an email to staff of the Consumer Financial Protection Bureau, the agency’s acting director ordered workers to cease “all supervision and examination activity.”The New York Times - 2d -
3 top consumer bureau officials depart after Trump admin halts work
Three top officials at the Consumer Financial Protection Bureau (CFPB) left the agency Tuesday, after the agency’s acting director ordered staff to halt all work. CFPB Deputy Director Zixta ...The Hill - 3h -
WK Kellogg’s sales fall short as consumers seek value and as Special K loses share
WK Kellogg Co.’s stock fell 1.8% Tuesday after the breakfast-cereal company’s fourth-quarter adjusted profit swept past estimates but failed to offset a sales miss, as the company continues to ...MarketWatch - 3h -
Chelsea owner Todd Boehly joins Hundred club with £40m stake in Trent Rockets
Cain International group buys 49% minority holding Delhi Capitals owners expected to buy into final franchise Todd Boehly’s Cain International has successfully bid £40m for a 49% stake in Trent ...The Guardian - 5h -
'We're about to get annihilated': Musk, DOGE descend on consumer bureau
The Trump administration is moving rapidly to gut the Consumer Financial Protection Bureau (CFPB), halting the agency’s work, cutting off its funding and shutting down its headquarters. The push ...The Hill - 9h -
Senior NSW police officer fined after consuming 20 standard drinks and crashing work car in tunnel
The officer was convicted of drink-driving after court heard he was seen doing floss dance while drinking before NorthConnex crash. Follow our Australia news live blog for latest updates Get ...The Guardian - 16h -
What's at stake for consumers as Trump officials target the CFPB
The Consumer Financial Protection Bureau’s recent rules on overdraft and credit card late fees are in jeopardy, while others face an uncertain future.NBC News - 20h -
As Musk, Trump administration target CFPB, Democrats defend consumer watchdog
The agency is at a virtual standstill as Elon Musk's DOGE and the White House's Russell Vought take over.ABC News - 21h -
What is the Consumer Financial Protection Bureau?
The Consumer Financial Protection Bureau was created by Congress to protect Americans from predatory practices. Ayelet Sheffey, a senior economic policy reporter at Business Insider, joins CBS News ...CBS News - 23h -
The FTC's antitrust litigation theatrics are damaging to businesses and consumers
The Federal Trade Commission's recent challenge to Microsoft's acquisition of Activision has been rejected by a federal court, highlighting the agency's inconsistent and overly broad approach to ...The Hill - 1d -
Consumer Financial Protection Bureau staff told to 'stand down' from all work
CFPB employees were told Sunday to work remotely because their Washington, D.C., headquarters would be closed through Feb. 14, according to a memo.CNBC - 1d -
Investors warn BP will face radical changes after Elliott takes stake
Activist could push for board changes, a New York listing and sale of assets, say shareholdersFinancial Times - 1d -
Schwab is buying back a chunk of its stock as TD sells its 10% stake
Even after buying the $1.5 billion in stock, Schwab will still have $7.2 billion remaining under its existing stock-buyback program.MarketWatch - 1d -
BP shares pop 7% after reports activist hedge fund Elliott has taken a stake in the struggling British oil major
BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the struggling oil major.CNBC - 1d -
Union sues Consumer Bureau head over DOGE access and attempts to shutter agency
WASHINGTON — A union filed two lawsuits against the Consumer Financial Protection Bureau's acting director, Russell Vought, on Sunday after Vought issued a series of directives halting much of the ...NBC News - 1d -
Consumer Financial Protection Bureau to shut down for a week: Reports
The Consumer Financial Protection Bureau (CFPB) will be shut down for a week, according to multiple reports. The CFPB’s Chief Operating Officer Adam Martinez said in a Sunday email that there would ...The Hill - 1d -
Russ Vought orders Consumer Financial Protection Bureau to stop work
The development came after Elon Musk's Department of Government Efficiency, or DOGE, gained access to the CFPB and began a thorough review.CBS News - 1d -
Russell Vought Orders Consumer Protection Bureau’s Headquarters Closed for a Week
The order to shutter the agency’s headquarters follows another order issued Saturday by Mr. Vought, who also leads the Office of Management and Budget, telling agency employees to halt nearly all ...The New York Times - 1d -
Trump’s FBI nominee Kash Patel under fire over Shein stake
Controversial official discloses stock in owner of Chinese fast-fashion retailer that has been accused of forced labourFinancial Times - 2d -
Activist hedge fund Elliott builds stake in struggling BP
US investor could force UK oil company to refocus on core fossil fuels business or even pursue a full break-upFinancial Times - 2d -
Sam F. Davis Stakes 2025 predictions, horses, odds, field: Surprising picks by top horse racing expert
SportsLine horse racing writer Gene Menez reveals his Sam F. Davis Stakes 2025 picks after evaluating the contendersCBS Sports - 2d -
DOGE rooted into Consumer Financial Protection Bureau as new acting head named
The Consumer Financial Protection Bureau is an outlet for Americans dealing with issues such as questionable student loan servicing practices or excessive bank overdraft fees.CBS News - 3d -
Modi's BJP wins big in high-stakes Delhi election
PM Modi's party is set to form a government in the Indian capital after 27 years.BBC News - 3d -
The Impact of Wabi-Sabi on Branding and Consumer Trust
From distressed denim to grainy social content, learn how brands are tapping into the wabi-sabi aesthetic to forge connections with consumers.Inc. - 3d -
Vote counting is underway in high-stakes state election in the New Delhi region
Vote counting started in the high-stakes state legislature election in India’s federal territory, including New Delhi, with TV exit polls predicting a win for Prime Minister Narendra Modi’s ruling ...ABC News - 3d -
Bill Ackman reveals he's been building a more than $2 billion stake in Uber
The hedge fund manager said his fund began buying Uber shares in early January and has amassed 30.3 million shares, worth $2.3 billion.CNBC - 4d -
DOGE Is Now Inside the Consumer Financial Protection Bureau
DOGE staffers will get read-only access to CFPB data, systems, and equipment, according to an internal email reviewed by WIRED.Wired - 4d -
Consumer Advocacy Group Launches Investigation Into Trump’s Meme Coin
Public Citizen urged federal agencies to recommend stopping of the sale of the meme coin $Trump.Inc. - 4d