Consumer

The Federal Trade Commission has approved a motion granting Chairman Andrew Ferguson the authority to comply with President Donald Trump’s executive orders slashing DEI programs.

The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line with economists expectations and up from 2.7% in November.

AT&T announced a new guarantee program that will see the telecom giant provide billing credits to wireless and fiber customers who are impacted by service outages.

Apple agreed to pay $95 million to settle a proposed class action lawsuit brought by device users who claimed their conversations had been recorded by Siri and shared with third parties.

Advance Auto Parts announced that it will close over 700 locations, including corporate stores and independently-owned locations, as part of a financial restructuring effort.

Inflation rose slightly in October in line with economists' expectations, as the consumer price index was up 2.6% from a year ago and 0.2% compared with last month.

American households continue to feel squeezed by inflation, which contributes to a more pessimistic view about the economy even as data shows the pace of price growth slowing.

Apple and Goldman Sachs are being ordered by the Consumer Financial Protection Bureau to pay a combined $89 million in fines stemming from customer service issues with the Apple Card and regulatory violations.

Americans are facing vastly different rates of inflation depending on where in the U.S. they live, as the Northeast and Midwest regions experienced faster price growth in September.

Retail sales rose by more than expected in September, with an increase of 0.4% exceeding economists expectations as the consumer showed signs of continued strength.

The FTC announced the final version of its click to cancel rule which aims to make it easier for consumers to cancel subscriptions that would otherwise auto-renew.

The strike by unionized dockworkers at East and Gulf Coast ports has ground coffee shipments to a halt, setting up a supply squeeze given the heavy U.S. reliance on coffee imports.

A strike by unionized dockworkers at East Coast and Gulf Coast ports could have a potential impact on consumers due to higher food prices caused by delayed or canceled shipments.

An inflation measure closely tracked by Federal Reserve policymakers fell in August to 2.2% as inflation continued to trend closer to the central bank's target.

The Justice Department filed a lawsuit against Visa on Tuesday, alleging the financial services giant used its clout to maintain a monopoly over the U.S. debit card market.

The Federal Reserve cut interest rates for the first time in four years, announcing a 50 basis point cut and policymakers forecasting additional cuts amid progress in slowing inflation.

Inflation declined in August to the lowest level since 2021, as prices rose 2.5% from last year. The data boosts the Federal Reserve's case for an interest rate cut next week.

The National Grocers Association urged lawmakers and regulators to focus on enforcing antitrust law in supplier pricing instead of alleged "price gouging" by the grocery industry.

Dollar General's stock slid by more than 27% on Thursday after the company's second-quarter earnings missed analysts' expectations amid soft consumer demand.

The Conference Board's latest survey showed that consumer confidence and optimism about the economy avoiding recession rose, even as labor market concerns edged higher.