NEW YORK (AP) — About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers. According to a Thursday recall notice published by the U.S. Consumer Product Safety Commission, TTI Outdoor Power Equipment is recalling certain models …
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‘Sneakflation’: How Trump’s tariffs are gradually raising costs for American consumers
Facebook Tweet Email Link When tariffs are tacked on to many imported goods, someone’s got to foot the bill. According to President Donald Trump, foreign countries and overseas businesses are eating the cost. But evidence shows that American consumers and businesses are paying for the tariffs the administration has implemented as its go-to policy levers. “It been proven, that even …
Read More »FTC Sues LA Fitness for Making it Difficult for Consumers to Cancel Gym Memberships
The Federal Trade Commission today sued the operators of LA Fitness and other gyms over allegations they make it exceedingly difficult for consumers to cancel their gym memberships and related services that continued indefinitely unless cancelled. The agency is seeking a court order prohibiting the allegedly unfair conduct and money back for consumers harmed by the difficulty in cancelling memberships. …
Read More »President Trump may want a lower base rate on behalf of consumers, but it sure is convenient for national debt too
It’s true the housing market has ground to a halt. And at some point, a lower base rate could improve the mortgage offers made to would-be buyers and kick-start activity in the sector. “Could somebody please inform Jerome ‘Too Late’ Powell that he is hurting the housing industry, very badly?” the president wrote on Truth Social this week. “People can’t …
Read More »Surprise! Trump finds yet another way to screw American consumers
The Trump administration on Tuesday announced that the 50% aluminum tariff President Donald Trump instituted will now apply to 400 more product categories, a move that will almost certainly raise prices for American consumers who are desperate for a reprieve. “Today’s action expands the reach of the steel and aluminum tariffs and shuts down avenues for circumvention—supporting the continued revitalization …
Read More »Home Depot Sees Modest Price Movement, Says Consumers Deferring Larger Projects – WSJ – The Wall Street Journal
Home Depot Sees Modest Price Movement, Says Consumers Deferring Larger Projects – WSJ The Wall Street Journal Home Depot (HD) Stock Rises After Earnings Miss Estimates. Here’s Why. Barron’s Home Depot says it will raise some prices because of tariffs CNN Home Depot Sales Fall Short as Tariffs, Rates Curb Demand Bloomberg.com Home Depot maintains full-year forecast even as it misses on earnings for …
Read More »Cava Cuts Outlook on Weak Second Quarter as Consumers Face ‘Fog and Uncertainty’ – The Wall Street Journal
Cava Cuts Outlook on Weak Second Quarter as Consumers Face ‘Fog and Uncertainty’ The Wall Street Journal Earnings live: SoundHound AI stock soars, The Trade Desk tanks as Q2 earnings season starts winding down Yahoo Finance Cava stock plummets after company lowers forecast on disappointing same-store sales growth CNBC Cava Cuts Sales Outlook on Cautious Diners, High Growth Bar Bloomberg.com Cava’s shares crater after …
Read More »Cava trims sales outlook, stock tumbles as CEO says consumers are navigating a ‘fog’ – MarketWatch
Cava trims sales outlook, stock tumbles as CEO says consumers are navigating a ‘fog’ MarketWatch Earnings live: SoundHound AI stock soars, The Trade Desk tanks as Q2 earnings season starts winding down Yahoo Finance Cava stock plummets after company lowers forecast on disappointing same-store sales growth CNBC Cava’s shares crater after first annual sales growth target cut since IPO Reuters Cava Cuts Outlook on …
Read More »Trump tells Goldman Sachs CEO to hire a new economist after bank says consumers will pay bulk of tariff costs
Facebook Tweet Email Link Days after Goldman Sachs’ top economists published research claiming price increases stemming from higher tariffs are poised to soon be borne mostly by consumers, President Donald Trump is urging the bank’s CEO, David Solomon, to get a new economist. “Tariffs have not caused Inflation, or any other problems for America, other than massive amounts of CASH …
Read More »Consumers are already paying two-thirds of tariff costs, says Goldman Sachs
When President Trump announced his tariff agenda, he said it would be foreign companies and consumers that would “eat” the price hikes. That’s a take that may be proved optimistic at best and misguided at worst. While tariffs have yet to significantly shift the dial on inflation—prompting individuals like Treasury Secretary Scott Bessent to label them the “dog that didn’t …
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