Consumer

President Donald Trump criticized Goldman Sachs CEO David Solomon over a tariff report showing U.S. consumers ultimately bear the costs, telling him to focus on being a DJ instead.

The Bureau of Labor Statistics reported the July consumer price index which showed CPI inflation continued to rise as tariffs push prices higher for U.S. businesses and consumers.

The July CPI inflation report will be released on Tuesday with economists expecting prices ticked higher as more tariffs took effect, complicating the Fed's rate cut outlook.

Treasury Secretary Scott Bessent said financial markets are pricing in a high likelihood of the Federal Reserve cutting interest rates before year-end amid tariff concerns.

Fed Governor Lisa Cook said that the weak July jobs report and large downward revisions suggest the U.S. economy could be at a "turning point" as businesses face elevated uncertainty.

McDonald's is bringing back its McDonaldland brand after 20 years with a new meal featuring a Mt. McDonaldland Shake and collectible tins starting Aug. 12.

The Federal Reserve's preferred inflation gauge showed that prices increased slightly in June, as policymakers continue to monitor data for signs of tariff-induced inflation.

Meta CEO Mark Zuckerberg revealed plans for a personal AI superintelligence that will help individuals achieve goals and pursue creative endeavors over productivity tools.

P&G plans single-digit price hikes on about a quarter of its U.S. products as it looks to offset about $1 billion in cost increases stemming from higher tariffs.

A new report shows President Donald Trump's tariffs are affecting consumers' online shopping behavior, with 34% delaying purchases and 28% buying earlier to avoid costs.

Rep. Kat Cammack's bill seeks to end anti-competitive practices in app stores, promoting innovation and giving users more control over pre-installed apps.

Consumer confidence in the U.S. rose for the first time in five months amid optimism about trade deals and improving expectations about business conditions.

The University of Michigan's Consumer Sentiment Index fell again in May after economists expected a modest increase. Consumer sentiment is at its lowest level in nearly three years.

The Fed's preferred inflation gauge showed price growth slowed in March, as the personal consumption expenditures (PCE) index trended closer to the central bank's target.

Capital One CEO Richard Fairbank on Tuesday shared his perspective on how American consumers are holding up during the financial institution’s quarterly earnings call.

President Donald Trump slammed Federal Reserve Chair Jerome Powell on social media, calling him a "major loser" and "Mr. Too Late" while calling for interest rate cuts.

The Consumer Financial Protection Bureau (CFPB) moved to make sweeping job cuts as the Trump administration looks refocus the agency's regulatory objectives with a smaller workforce.

The New York Federal Reserve's new survey of consumer expectations found Americans are more pessimistic about the labor market amid concerns over rising unemployment.

Corporate bankruptcies in the U.S. increased to their highest level in the first quarter since 2010, as firms with weaker balance sheets struggled to make debt payments.

The Labor Department on Thursday released the March consumer price index (CPI) report, which showed inflation rose at a slightly slower pace last month, though it remains above the Fed's goal.