Consumer confidence slid in March as the Iran war and rising gas prices weighed on Americans’ views of the U.S. economy. The University of Michigan’s preliminary March sentiment index, released Friday, showed consumer sentiment fell 5.8% from 56.6 points in February to 53.3 in March. That marks the lowest level since December 2025. The drop … Read more
New Mexico jury finds Meta violated consumer protection law in child safety trial – CBS News Watch CBS News The New Mexico Department of Justice has won a landmark trial against Meta, the parent company of Facebook and Instagram. CBS News senior business and technology correspondent Jo Ling Kent has the details. Source link
A New Mexico jury found Tuesday that social media conglomerate Meta is harmful to children’s mental health and in violation of state consumer protection law. The landmark decision comes after a nearly seven-week trial. Jurors sided with state prosecutors who argued that Meta — which owns Instagram, Facebook and WhatsApp — prioritized profits over safety. … Read more
The threat of Iranian attack on ships in the Strait of Hormuz is disrupting global energy supplies and could soon send the price at the pump to a new record high. With the passage of oil tankers and cargo ships all but halted in and around the strategically vital waterway, the price of food, transported … Read more
If you’re considering a gold IRA, choosing the right company is one of the most important decisions in the process. Peter Dazeley/Getty Images Gold has surged back into the spotlight in recent years, drawing interest from investors who want a hedge against inflation, currency volatility and stock market uncertainty. And, with gold prices climbing sharply … Read more
Some popular baby formula brands contain heavy metals, including arsenic, lead and PFAS, or “forever” chemicals, according to a new report from Consumer Reports. The nonprofit consumer advocacy organization found that more than half of the 49 powdered, liquid, and alternative protein and hypoallergenic formulas it tested contained “potentially concerning levels” of harmful contaminants. “Repeated … Read more
Consumer confidence edged higher in February as Americans expressed a more optimistic view of the labor market and other facets of the economy, a new survey shows. The Conference Board, a nonprofit research group, said Tuesday that its consumer confidence index increased by 2.2 points in February, rising to 91.2. That’s an improvement over January, when … Read more