Nearly 1 in 4 American households living paycheck to paycheck, report reveals
A new Bank of America Institute report shows 24% of U.S. households live paycheck to paycheck in 2025, up from last year as inflation continues to outpace wages.
New car prices soar to historic high as buyers face mounting sticker shock
Car prices are nearing a historic milestone as the average cost of a new vehicle approaches $50,000, with buyers facing $766 monthly payments and rising interest rates nationwide.
Middle-income Americans pessimistic about their financial future amid persistent inflation, analysis shows
Study reveals only 21% of middle-income Americans expect better finances next year, down from 33% in 2020, as inflation creates widespread pessimism.
Costco recalls popular ready-to-eat food items over plastic contamination concerns
Costco recalls its Caesar salad and chicken sandwich products after plastic pieces were found in dressing. Customers are urged to return items for full refund immediately.
Trump says grocery prices already 'much lower' than Biden era, suggests further relief coming
President Trump says his administration has worked to reduce consumer costs, highlighting Walmart's $40 Thanksgiving meal bundle as evidence of price improvements.
Kim Kardashian's Skims hits $5B valuation milestone in massive new $225M funding round
Kim Kardashian's Skims secured $225 million in new funding, reaching a $5 billion valuation as the shapewear brand targets over $1 billion in sales this year.
Saks Off 5th closing stores across multiple states
Saks Off 5th will close nine stores across the U.S. starting in January 2026, affecting locations in Texas, Illinois, New Jersey and more states.
Shutdown delays October inflation report – what does the Fed's data say?
The government shutdown delayed the October CPI inflation report indefinitely, as alternate gauges like the Cleveland Fed's inflation nowcast estimated 2.96% annual inflation.
Google launches dual legal and legislative strategy to combat international cyber scams
Google launched a dual attack on cybercriminals with a lawsuit against the China-based "Lighthouse" scam group while backing three bipartisan congressional bills targeting fraud.
Consumer sentiment slides to near-lowest level on record as government shutdown drags on
Consumer confidence slumps to a three-year low as government shutdown fears grip American households, with sentiment dropping to 50.3 amid economic uncertainty.
US household debt hits a new record, NY Fed finds
American household debt reached a record $18.59 trillion in the third quarter of 2025, rising $197 billion, according to the Federal Reserve Bank of New York's latest report.
Supreme Court weighs Trump administration's tariff authority under emergency powers law
The Supreme Court will hear a major tariff case that could impact the $88 billion in revenue collected by the Trump administration under IEEPA, which could be subject to refunds.
Fed president explains vote against interest rate cut
The Federal Reserve cut interest rates by 25-basis-points in October, though two policymakers dissented from the move, with one saying that he remains concerned about inflation.
Walmart addresses social media rumors that it will close stores when SNAP benefits lapse
Walmart denies viral TikTok claims about store closures amid government shutdown and SNAP benefits funding concerns, calling the widespread rumors false.
Candy bars recalled days before Halloween over 'life-threatening' allergen risk
Peanut Butter Crush and Ca$hew Cow bars are being recalled by Zingerman’s Candy Manufactory after the potential presence of undeclared peanuts and cashews.
Costco issues recall alert for wagon over child safety risk
Olympia Tools Pack-N-Stroll Folding Utility Wagon sold at Costco recalled due to child safety risks, including head entrapment and fall hazards.
Neutrogena makeup wipes recalled across four states after bacteria found in product testing
Neutrogena is recalling some popular makeup wipes due to possible bacterial contamination that can cause serious infections in vulnerable individuals.
Trump admin moving to roll back Biden-era CFPB registry rules
The Trump administration is moving to roll back Biden-era Consumer Financial Protection Bureau rules requiring nonbank entities to report regulatory orders to a CFPB registry.
Inflation remained well above the Fed's target in September ahead of rate cut decision
Inflation remained elevated in September as the BLS released the delayed consumer price index inflation report, as Fed policymakers are set to weigh interest rate cuts next week.
State treasurers push CFPB on third-party financial data access rule
Twelve state financial officers urged the Consumer Financial Protection Bureau to preserve consumers' rights to share financial data with third parties.