Costco is cracking down on membership moochers
By Erika Tulfo | CNN Costco knows you’re using your friend’s membership card. To save you the embarrassment of telling you off when you’re in the checkout line, now Costco …
Inflation
Credit card debt and delinquencies are on the rise, reports find
Credit card debt is on the rise. Americans now owe a record $1.14 trillion on their credit cards, the Federal Reserve Bank of New York reported Tuesday. The average balance per …
In these 4 US cities, the housing market just reached an incredible milestone
By Samantha Delouya | CNN The total value of the housing market now exceeds $1 trillion in eight US cities, doubling from just four cities last year and underscoring just …
California consumer group can intervene in insurance rate cases, after state’s unusual invitation to challenges
Consumer Watchdog, the Los Angeles group that has repeatedly challenged state Insurance Commissioner Ricardo Lara, has won its recertification effort, a decision that allows the group to collect money for …
Markets are counting on the Fed to head off recession with sizeable interest rate cuts
Federal Reserve Chairman Jerome Powell takes a question from a reporter during a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve …
San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens
Mary Daly, president of the Federal Reserve Bank of San Francisco, during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Friday, Feb. 16, …
Back to school hauls follows TikTok’s underconsumption core trend
Customer shopping for school supplies with employee restocking shelves, Target store, Queens, New York. Lindsey Nicholson | UCG | Universal Images Group | Getty Images Just when it seemed more …
Monthly charge to extend Diablo Canyon’s life
Folks who hate nuclear energy — and, judging by my inbox, there are quite a few of you — rejoiced when San Onofre stopped splitting atoms more than a decade …
Global oil prices set for 4th weekly decline amid demand concerns – National
Oil prices held steady on Friday but remained on course for a fourth successive weekly decline as signs of weak growth in global fuel demand outweighed fears of supply disruption …
Trump promises lower interest rates, Fed chair Powell responds
Republican presidential nominee and former U.S. President Donald Trump speaks on a panel of the National Association of Black Journalists (NABJ) convention in Chicago, Illinois, U.S. July 31, 2024. Vincent …