Consumer

Record 6% of Americans tapped 401k savings for hardship withdrawals in 2025, up from 4.8% in 2024, as financial stress forces workers to raid nest eggs.

More than 40,000 Concord 360 Degree Rechargeable Light-Up helmets sold at Walmart are being recalled for failing federal safety standards.

Trader Joe's and Kroger issued frozen food recalls. Popular chicken fried rice, dumpling and ramen products may be contaminated with pieces of glass.

Target is investing billions in remodels, merchandising and same-day delivery as its new CEO works to boost traffic and restore annual sales growth.

State Farm Mutual announced it will distribute $5 billion dividend to customers across 49 million vehicles due to lower collision rates and reduced auto repair costs.

Electricity prices surged 6.3% nationwide as AI data centers and winter weather strained the grid, outpacing inflation and hitting household budgets hard.

February consumer confidence improved but stayed below 2024 peaks as households continue weighing job market prospects against persistent cost worries.

Lamborghini canceled plans for an upcoming electric vehicle launch due to a lack of consumer demand and will replace it with a plug-in hybrid instead, CEO Stephan Winkelmann said.

Novo Nordisk announced up to 50% price cuts for Ozempic and Wegovy diabetes and weight-loss drugs starting January 2027, lowering costs to $675 per dose.

Homebuyers' purchasing power rose over $30,300 in past year as median-income households can now afford $331,483 homes with mortgage payments 8.4% lower than last year, Zillow found.

Major delivery platforms including DoorDash and Grubhub are halting their New York City operations as a historic blizzard threatens to bring two feet of snow.

United Airlines announces major MileagePlus rewards changes starting April 2. Cardholders will earn more miles while non-cardholders face reduced benefits.

The Commerce Department released the PCE inflation report on Friday, which showed the Fed's favored inflation gauge remained elevated as consumers deal with price pressures.

Keurig Dr Pepper unveils over 35 new drinks including Dr Pepper Creamy Coconut, A&W Root Beer Float and 7UP Shirley Temple as beverage giant expands lineup.

White House economic advisor Kevin Hassett called for the New York Fed to discipline economists over research showing U.S. businesses and consumers bear most of the tariff burden.

Reese's founder's grandson accuses Hershey of quietly changing beloved candy recipes, replacing milk chocolate and peanut butter with cheaper substitutes.

The minutes of the Federal Reserve's January meeting revealed policymakers considered language about possible rate hikes amid concerns over elevated inflation.

A housing market shift is giving renters more bargaining power as vacancy rates rise and median households spend 24.3% of income on rent, down from pandemic highs.

Austin's population boom spans all ages as NAR data shows young professionals and seniors driving household growth, creating diverse housing demand across the Texas region.

Red Lobster may close more restaurants as its CEO reviews locations following the chain's 2024 bankruptcy filing that shuttered 130 stores.