US Dollar Index holds gains near 104.00 ahead of Michigan Consumer Sentiment Index release – FXStreet
The US dollar index rises towards 104.00, supported by two-year receivable yields at 3.96% and 4.29%, respectively. The US unemployment claims for the week ending March 7th were 220,000, breaking the forecast of 225,000. President Trump threatened 200% tariffs on all European wine and champagne, causing global concern. The US Dollar Index (DXY), which tracks […]
Tariffs Are ‘a Tax’ ‘Will Be Passed’ to Consumer
On CNN's “Source” aired Wednesday, Sen. Mark Wayne Marin (R-OK) said he sees President Donald Trump's economic policies working and tariffs as a tool to open foreign markets to American businesses and leverage other issues. [are] Taxes, and it will be handed over[to] Consumers. ” Marin said, “It's difficult now. And I understand that. I'm […]
Oregon mental health board consumer JD Holt uses turtle pronouns
Members of the state panel, who advise directors of the Oregon Health Department (OHA) on mental health best practices and policies, have identified them as “turtles.” Oregon Mental Health Board Consumer JD Holt uses Turtle Pronouns JD Holt, who also attends “JD Terrapin” on Facebook, is one of around 20 “consumers” on the OHA Consumer […]
U.S. Consumers Get Inflation Relief As Consumer Prices Rise Less Than Expected
Americans were freed from inflation in February as prices rose at the slowest pace since last summer. Consumer prices rose 2.8% in the 12 months from February to February, the Labor Bureau reported Wednesday that it was slower than the 3% increase from the previous year in January. Economists predicted that the Consumer Price Index […]
Fox Business host on 'shocking decline' in consumer spending: 'The boom times are over'
Fox Business Network host Charles Payne said the clear decline in consumer spending was “shocking” on Friday, claiming that a return to the “Boom Times” was not on the horizon. “A few days ago, Bank of America announced its credit card data, which was scary. That means a shocking decline in restaurants, airlines and accommodation,” […]
Refiners' trade group: Tariffs won't make US energy secure, lower consumer costs
A refiner's trade group has knocked President Trump on 25% tariffs in Canada and Mexico. Both are known for having the largest bilateral free trade agreement with the United States. “The US is making energy safe because of its trade ties with Canada and Mexico. “The US is making energy safe,” said Chet Thompson, president […]
Overdraft fee capping, proposed by consumer agency, to be debated in Congressional committee – Newsday
The House Financial Services Committee could move on Wednesday towards annulling the rules that currently close overdraft fees of overdraft fees of more than $35. The rules, which were finalised by the Consumer Financial Protection Bureau in December and originally scheduled to come into effect in October, will limit the way large banks can claim […]
FBI Used Restricted Consumer DNA Database to Identify U. of Idaho Murder Suspect
The FBI has identified Bryan Kohberger as a potential suspect in the brutal murder of four students at Idaho University, according to newly released records. New York Times Report In a major development in the investigation of the brutal murders of four University of Idaho students stabbed in the fall of 2022, newly released testimony […]
Trump administration lawyers deny plans to dismantle consumer watchdog
The Trump administration on Monday denied allegations that it aimed to dismantle the Consumer Financial Protection Bureau (CFPB). Government lawyers said consumer watchdogs will continue to exist as employee unions and other groups attempt to stop what they described as “wholesale demolition” of the agency. “A surprising thing is that a group of CFPB employees […]
Consumer confidence slumped with biggest monthly drop in nearly 4 years
“Barron's Roundtable” panelists Jacob Sonenshine, Andrew Bary and Teresa Rivas will analyze three topics investors should know this week. U.S. consumer confidence plummeted sharply in February than expected, according to a report released Tuesday. The conference committee released its consumer confidence index on Tuesday, falling to 98.3 in February. This is the lowest level since […]