Consumer Prices Rise Moderately
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With retail sales data due later this week, concerns are mounting about the sustainability of current consumer spending levels. Ted Thatcher, President of Bright Lake Wealth Management, joined TheStreet to discuss why the consumer may be close to a 'boiling point.
Expired sales labels led to overcharges on more than 150 grocery items, according to an investigation led by Consumer Reports and others.
The LSEG U.S. Retail and Restaurant Q1 earnings index, which tracks changes in the growth rate of earnings within the sector, is expected to show a 7.5% growth over last year’s levels.
The Consumer Financial Protection Bureau (CFPB) has withdrawn 67 guidance documents related to key consumer protection laws, but legal experts emphasize th
The consumer discretionary sector is particularly sensitive to soft consumer demand and tariff-fueled macroeconomic uncertainty.
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A new report finds that tariff fears have actually fueled consumer spending in the past month. Sales are up on clothing, new cars, appliances, and almost everything made in China as shoppers rush their purchases for the year, trying to avoid any tariff price hikes.
The nonprofit group Consumer Action uses education and advocacy to protect consumers in areas including credit, banking, privacy, insurance, health care and utilities. It provides a hotline consumers can call for help at 415-777-9635.
Even in an uncertain macroeconomic environment fueled by tariff concerns, there have been hints of an uptick in consumer spending.
What happened with the U.S. Consumer Product Safety Commission? Two of the commissioners, Richard Trumka and Mary T. Boyle said they received emails May 8 that their roles as comm