Iran’s control over the Strait of Hormuz could raise consumer prices across the board

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

How to choose a gold IRA company: A consumer checklist

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 baby formula brands contain heavy metals, Consumer Reports says

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 ticks up in February as labor market improves

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