Latest in Worries Consumer
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CFPB official details DOGE ‘chaos’ in overtaking agency
A top official at the Consumer Financial Protection Bureau (CFPB) gave an inside account of the “chaos” and “confusion” that overtook the agency when the Department of Government Efficiency (DOGE) ...The Hill - 1d -
The right-to-repair movement is growing as wins stack up
But six states have passed right-to-repair laws, protecting consumers’ abilities to repair or modify their products.NBC News - 3d -
Joan Dye Gussow, Pioneer of Eating Locally, Is Dead at 96
An indefatigable gardener, she was one of the first nutritionists to emphasize the connections between farming practices and consumers’ health.The New York Times - 2d -
Inflation Data Test May Rock Unsteady Stock Market
The U.S. consumer price index report could generate concerns if inflation is still simmering.Inc. - 2d -
Champagne and Parmigiano under threat from Trump’s tariffs
Producers warn Europe’s finest foods and wine could become unaffordable for ordinary US consumersFinancial Times - 2d -
Here's why banks don’t want the CFPB to disappear
The Consumer Financial Protection Bureau and its employees are in limbo after acting Director Russell Vought took over last month.CNBC - 1d -
Delta Air Lines slashes earnings outlook on weaker U.S. demand, sending shares lower
Delta Air Lines cut its first-quarter revenue and profit forecasts, citing weaker consumer and corporate travel demand.CNBC - 1d -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick's Sporting Goods issued weak guidance for 2025 as consumers contend with tariffs, persistent inflation and fears around a potential recession.CNBC - 22h -
The cracks in the facade of your economic wellbeing are sitting in your shopping basket
The rise in egg prices unnerves consumers and makes us question the wider economic environment.MarketWatch - 17h -
Key inflation data set to be released tomorrow. Here's what to expect.
Consumer Price Index data on Wednesday will give Americans, and the Federal Reserve, another readout on inflation.CBS News - 14h -
2-year Treasury note yield bounces from October low as investors await U.S. inflation report
U.S. Treasury yields rose on Tuesday as investors looked ahead to the latest consumer price index reading.CNBC - 14h -
A big inflation report is on the way Wednesday. Here's what to expect
The consumer price index for February is forecast to show an increase of 0.3% for goods and services across the largest economy in the world.CNBC - 16h -
Japan struggles to adapt to an era of rising prices
The return of inflation was meant to restore a more ‘normal’ economy. But it has been a bumpy ride for both consumers and companiesFinancial Times - 7h -
Europe retaliates after Trump tariffs on metals take effect
Ursula von der Leyen, president of the European Commission, said in a statement that the EU "must act to protect consumers and business."ABC News - 33m -
Graham on Ukraine aid pause: 'If we pull the plug on Ukraine, it'd be worse than Afghanistan'
Sen. Lindsey Graham (R-S.C.) said on Sunday he is worried about the consequences of suspending aid and intelligence sharing to Ukraine as the fighting continues against Russia. “Yeah, I am worried ...The Hill - 2d -
Tariffs could deal a blow to Chinatowns that have no choice but to import cultural goods, locals say
In Chinatowns across the country, people worry about the potential damage to business, loss of cultural traditions and the already high rates of poverty in these immigrant communities.NBC News - 3d -
Eating on $6 a month: Rohingya refugees brace for food reductions amid aid cuts by U.S. and others
Rohingya refugees in crammed Bangladeshi camps say they are worried about a U.S. decision to cut food rations by half beginning next month.NBC News - 2d -
Social Security payments scrutinized by DOGE amid search for fraud
DOGE is sifting through Social Security payments in an anti-fraud effort that has some worried the administration could deny payments to vulnerable older Americans.ABC News - 1d -
Stocks sell off on growth scare, yet companies’ talk of recession is lowest since 2018
President Donald Trump’s penchant for tariffs has raised recession fears in the stock market, yet companies aren’t talking much about that growing worry.MarketWatch - 1d -
Oil prices buoyed by weaker U.S. dollar
Oil futures rose Wednesday, finding support from a weaker U.S. dollar as investors navigate intensifying trade tensions and worries about global economic growth.MarketWatch - 26m -
Tariffs Add to Automaker Concerns About Higher Steel Costs
Even before the new levies took effect, the industry was worried about prices after President Trump opposed a major merger in the steel sector.The New York Times - 2h -
Iranian singer who urged women to go without hijab is lashed over alcohol conviction
Iranian officials have flogged a popular singer who posted a song online urging women to remove their mandatory headscarves over a conviction for possessing and consuming alcoholABC News - 5d -
Uncertain Shoppers Slow Spending as Retailers Temper 2025 Expectations
The Conference Board said consumer confidence took its biggest one-month slide in four years, forcing many national chains to lower earnings guidance.Inc. - 4d -
Buying a Home? Without the CFPB, You Need to Be Your Own Watchdog.
The C.F.P.B. had kept a close eye on mortgage lenders. But with the bureau hobbled, consumers should take several steps, starting with shopping for the best mortgage rates.The New York Times - 4d -
Trump Organization Sues Capital One for Closing Its Accounts
President Trump’s family business accused the bank of violating consumer protection laws by closing its accounts in the aftermath of the Jan. 6 attack.The New York Times - 4d -
It's 'shoot first and ask questions later' as DOGE tries to dismantle CFPB: Official
At a court hearing Monday, CFPB’s COO Adam Martinez gave a sworn account of the chaos that has consumed the federal agency meant to stop unfair corporate practices.ABC News - 21h -
Hungary's leader orders price controls on basic foods as inflation spikes
Hungary’s government is limiting the profit margin for grocers on a number of basic food items in response to growing inflation hitting consumers in the Central European countryABC News - 23h -
Treasury yields dip ahead of CPI inflation data
Bond yields fell early Wednesday as traders awaited the consumer price index report for February, due before the opening bell rings on Wall Street.MarketWatch - 4h -
Why a ‘good’ CPI report on Wednesday may not be enough to turn stock-market carnage around
Wednesday’s consumer-price index report is now in sharp focus with investors hoping more clarity on stagflation concerns could help stem the stock-market selloff.MarketWatch - 10m -
Pasadena high school seniors, Steve Carell has a surprise for you: Free prom tickets
'Despicable Me' star Steve Carell announced some SoCal high school students affected by the wildfires won't have to worry about prom tickets this year. 'It's a pretty good deal,' he says.Los Angeles Times - 6d -
How federal lands can be used to ease the housing crisis
President Trump's pledge to open up federal land for housing construction could alleviate the housing market's top financial worry, which is inflation, by making homeownership more affordable.The Hill - 1d -
Trump’s first 50 days: Stocks suffer worst start to a presidential term since 2009
The first 50 days of President Donald Trump’s second term brought heightened volatility to financial markets already worried about slowing economic growth in the world’s largest economy.MarketWatch - 1d -
Ice accessed car trackers in sanctuary cities that could help in raids, files show
Westchester county has laws limiting cooperation, but Ice has accessed trove of data that holds license plate readers. As Donald Trump’s administration ramps up its crackdown on undocumented ...The Guardian - 1d -
Trump proposes cutting ACA enrollment period, ending 'Dreamer' coverage
The Trump administration is proposing to shorten ObamaCare's annual open enrollment period by a month, a move the administration said is aimed at helping consumers pick the right plan. According to ...The Hill - 1d -
U.S. stocks fall as recession fears grow
The Dow Jones shed nearly 900 points on Monday as tariffs, mounting federal layoffs and consumer confidence started to weigh on the economy. Adding to the chaos is the potential for another ...CBS News - 1d -
Airline stocks fall as possible economic 'soft patch' raises demand concerns
U.S. airline stocks tumbled Tuesday to their lowest levels since late last year after data showed some economic concerns, hitting what had been a bright spot for consumer spending.NBC News - 23h -
Cracks are emerging in the idea of America's economic exceptionalism
The U.S. economy and equity markets may be underperforming this year due to a surge in policy uncertainty, a decline in consumer sentiments, a delay in business investment, and a gradual weakening ...The Hill - 20h -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick’s Sporting Goods on Tuesday said it’s expecting 2025 profits to be far lower than Wall Street anticipated, making it the latest retailer to forecast a rocky year ahead as consumers contend ...NBC News - 19h -
CFPB employees say mass firing plans remain in place
Two employees of the Consumer Financial Protection Bureau (CFPB) testified Tuesday that top officials’ plans to fire hundreds of workers remain intact, as a federal judge weighs whether to ...The Hill - 14h -
Price growth set to remain stubborn in February — and beyond
Price growth was set to have cooled slightly in February, forecasters said in advance of the latest Consumer Price Index report, but President Donald Trump’s tariff policies are already threatening ...NBC News - 3h