The affordability crisis is revving up again. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The war in Iran and President Donald Trump’s global tariff agenda are pushing prices higher across the country and raising fears of renewed inflation. Gas prices are surging again, hitting $4.10 per gallon … Read more
Bank of America CEO Brian Moynihan is one of the few people who really knows in real time how Americans are contending with rising inflation and higher gas prices. And he sees clues to how they are responding in the pet food aisle. Subscribe to read this story ad-free Get unlimited access to ad-free articles … Read more
U.S. consumers paid higher prices once again in May, with inflation at its highest level in over three years. According to the latest report from the Bureau of Labor Statistics, consumer prices accelerated at an annual rate of 4.2%. CBS News MoneyWatch correspondent Kelly O’Grady has more. Source link
Consumer Reports has new recommendations for the best sunscreens to protect you and your family. They lab-tested 51 sunscreens. “I can tell you that the No. 1 was one that was made for kids. It’s marketed as a kids sunscreen,” said Brian Vines, Consumer Reports’ deputy editor. Best lotion sunscreens The report’s top lotion sunscreens are: … Read more
Taipei, Taiwan — Nvidia unveiled new powerful chips on Monday that would bring advanced artificial intelligence functions into laptops and desktop computers, with new personal computer models from brands including Microsoft and Dell set to roll out later this year. While Santa Clara, California-based Nvidia has already been massively successful in supplying high-end chips for … Read more
Brands have been trying to read consumers minds for a century. They’ve measured people’s pulses in dimly lit rooms. They’ve eye-tracked shoppers in supermarket aisles. They’ve literally sorted through trash cans (the University of Arizona’s Garbology Project was based on the idea that people lie in surveys but their garbage doesn’t). All of it is … Read more
The national average gas price is up to $4.30 per gallon, the highest in four years, as President Trump said Thursday that gas prices “will drop like a rock” when the Iran war ends. Ted Rossman, principal analyst at Bankrate, joins “The Daily Report” with more. Source link
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