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.
US businesses and consumers shoulder the bulk of tariff cost burden, Goldman Sachs finds
Economists at Goldman Sachs estimated that U.S. consumers will absorb 55% of tariff costs by the end of 2025, up from their current 37% share of the tariff burden.
Ben's Original rice products recalled nationwide over potential injury risk
The Food and Drug Administration reports Ben's Original has voluntarily recalled several rice varieties sold nationwide over the possible presence of small stones
The birth of the Birkin: How a chance encounter created fashion’s ultimate icon
Jane Birkin sketched her ideal bag design on an air sickness bag in 1984, creating what would become the Hermès Birkin, now a record-breaking investment piece.
That latte or cappuccino could get more expensive as coffee prices continue to rise
American coffee costs hit near-record levels as tariffs and weather disruptions in major coffee-producing countries drive the highest price increases since 2011.
Fed's favored inflation gauge shows consumer prices remained elevated in August
The Commerce Department released the August PCE inflation data which showed that inflationary pressures remained well above the Fed's 2% target last month as tariffs push prices up.
US economy grew faster than expected in the second quarter
The U.S. economy's GDP grew at a 3.8% rate in the second quarter following the latest revision after the economy recorded a 0.5% contraction in the first quarter.
Inflation remained stubbornly high in August as Fed weighs rate cuts
The Bureau of Labor Statistics released the August consumer price index (CPI), which showed that inflation remained above the Fed's target ahead of the central bank's rate decision.
Beer demand weakens, Corona and Modelo seller says
Constellation Brands cuts fiscal year outlook as the importer of Corona and Modelo faces declining beer sales amid challenging economic conditions and weak consumer demand.
Fed's favored inflation gauge shows consumer price pressures remained elevated in July
The Commerce Department released the July PCE inflation report which showed the growth of consumer prices remained elevated as the Federal Reserve considers an interest rate cut.
US economy grew at a faster pace in Q2 following Commerce Department revision
The U.S. economy grew at a revised 3.3% rate in Q2 2025, exceeding initial estimates and economist predictions based on the Commerce Department's latest GDP data.
Rick Perry says Ken Paxton's energy lawsuit will hurt US coal companies
Texas AG Ken Paxton's suit claims three asset managers broke antitrust laws by using stock holdings to pressure coal firms to cut output, though divestment could curb production.
Despite economic headwinds, live sports spending is surging and higher than pre-pandemic levels
Consumer spending on live sporting events is up 25% compared to pre-pandemic levels and benefiting surrounding restaurants and bars, a Bank of America Institute report found.
Trump slams Goldman Sachs CEO over tariff predictions: 'Focus on being a DJ'
President Donald Trump criticized Goldman Sachs CEO David Solomon over a tariff report showing U.S. consumers ultimately bear the costs, telling him to focus on being a DJ instead.
Inflation cools slightly in July from prior month
The Bureau of Labor Statistics reported the July consumer price index which showed CPI inflation continued to rise as tariffs push prices higher for U.S. businesses and consumers.
Inflation report drops Tuesday as economists warn prices are going up
The July CPI inflation report will be released on Tuesday with economists expecting prices ticked higher as more tariffs took effect, complicating the Fed's rate cut outlook.
Bessent says market expects Fed to cut rates this year: 'substantial probability'
Treasury Secretary Scott Bessent said financial markets are pricing in a high likelihood of the Federal Reserve cutting interest rates before year-end amid tariff concerns.
Fed official calls July jobs report 'concerning' as economy hits potential turning point
Fed Governor Lisa Cook said that the weak July jobs report and large downward revisions suggest the U.S. economy could be at a "turning point" as businesses face elevated uncertainty.
McDonald's new adult Happy Meal brings back nostalgic characters
McDonald's is bringing back its McDonaldland brand after 20 years with a new meal featuring a Mt. McDonaldland Shake and collectible tins starting Aug. 12.
Fed's favored inflation gauge shows consumer prices rose again in June
The Federal Reserve's preferred inflation gauge showed that prices increased slightly in June, as policymakers continue to monitor data for signs of tariff-induced inflation.


















