Former Target exec issues dire warning as holiday shopping season commences: Consumers 'running out of money'
Storch Advisors CEO Gerald Storch told FOX Business he has low expectations for this year's holiday shopping season, telling Maria Bartiromo shoppers are "running out of money."
Cryptocurrency's maker has 'history' of 'false claims,' 'deliberate lack of transparency,' watchdog warns
Consumers' Research warns that Tether, a stablecoin, poses a threat to U.S. financial controls, urging caution until a full audit is done. Tether strongly denies these claims.
Dollar stores getting crushed sends ominous signal about US economy: Consumers are 'tapped out,' expert warns
RFD-TV's Scott Shellady warned the downward trajectory for dollar stores is a bad indicator for the U.S. economy, showing that consumers are "tapped out."
'Forced labor': State AGs probe Chinese company Temu over 'disturbing' business practices
A group of Republican state attorneys general is demanding answers from the Chinese e-commerce company Temu, alleging "disturbing" business practices.
Politics increasingly driving consumers' buying decisions, study shows
New research from Edelman shows consumers increasingly buy, choose or avoid brands based on their politics, presenting challenges and opportunities for marketers.
Popular organic kids' snacks found to contain high levels of lead: Consumer Reports
Consumer Reports conducted a study on kids' snacks like Serenity Kids and LesserEvil puffs and discovered the presence of elevated levels of lead.
Price of eggs, chocolate remain higher than usual amid Easter festivities
The price of Easter essentials, including eggs and candy, remains at near-historic highs as millions of Americans plan to gather with their families.
Honeywell recalls fire alarm sounders, strobe lights
The Consumer Product Safety Commission is recalling at least 29,000 Honeywell-manufactured fire detectors with strobe lights due to low-frequency sounders.
Biden administration expected to delay menthol cigarette ban, possible anger from Black voters cited
The Biden administration is expected to again delay its long-awaited ban on menthol cigarettes, with officials citing political pressures leading into 2024.
Abercrombie sued over former CEO’s alleged abuse of male models
Global retailer Abercrombie & Fitch has been accused in a lawsuit of enabling former chief executive Mike Jeffries to run an alleged sex-trafficking operation for years.
Hershey tops quarterly estimates boosted by higher candy prices
Hershey announced quarterly sales and profit on Thursday, riding on benefits from higher prices of its chocolates and candies at a time when demand has slowed.
JetBlue will fly customers to Ireland and Scotland in 2024
JetBlue will include new flights to Dublin, Ireland, and Edinburgh, Scotland, beginning in 2024 as part of the air carrier’s transatlantic expansion taking on other bigger airline rivals.
Boeing slashing 737 deliveries on quality issue
Boeing said it is reducing deliveries of its popular 737 Max jet this year after spotting a quality issue involving the aircraft’s pressure bulkhead. Still, the planes remain cleared to fly.
Kraft recalls American cheese slices over potential choking hazard
Kraft Heinz is recalling 83,800 cases of Kraft Singles American Pasteurized Prepared Cheese slices and 3-pound multipacks of Kraft Singles over a potential choking hazard.
Instacart shares deliver in IPO revival
Wall Street is shopping the Instacart IPO, driving shares higher on the first day of trading — a positive sign for thawing capital markets, which also got a boost from Arm's debut last week.
Foot Locker shares sink as inflation curbs spending, cuts annual forecast
Shares of Foot Locker plunged after the retailer lowered its yearly forecast and suspended its quarterly dividend to conserve cash, citing "price-sensitive" consumers.
Federal commission finalizes ban of inclined infant sleepers and crib bumpers
The U.S. Consumer Product Safety Commission finalized bans on inclined infant sleepers and crib bumpers, prohibiting them from being sold or imported for sale in the U.S.
Ted Cruz bill would inform customers when household smart devices are spying on them
Texas Republican Senator Ted Cruz took to the Senate floor Tuesday and warned that smart devices like air fryers could be spying on American consumers.
Restaurateurs fuming over ominous new fee billed to their customers by Big Tech vendor
American restaurateurs are fuming over a new fee being charged to their customers by a powerful third-party point-of-sale vendor, Toast Inc., without their consent.
Apple hits $3T in market cap, but changes could be coming to its credit card: report
Apple became the first public company to close a trading day with a market cap over $3 trillion Friday, even as Goldman Sachs reportedly looks to shed its credit card partnership.