Tag: consumer

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Inflation continues to rise in June report l ABCNL

ABC News business reporter Alexis Christoforous discusses the latest Consumer Price Index report and what it means for Americans amid growing fears of a recession….

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US economy records fastest price increase in over 40 years l GMA

A new inflation report released Wednesday showed prices in June soared 9.1% compared to a year ago, the largest 12-month increase since December 1981. READ…

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Stocks slip as consumer spending slows | ABCNL

ABC News business reporter Alexis Christoforous breaks down the latest economic indicators as Americans are spending less and markets continue their volatile streak. #stockmarket #economy…

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Inflation rate is highest in 40 years

ABC News business reporter Alexis Christoforous reports on the new consumer price index data showing inflation is up 8.6% over the last year. WATCH the…

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Prices surge as inflation hits 40-year high l WNT

The Consumer Price Index is up 8.6% in May compared to a year go, fueling a surge in prices for food and energy as a…

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All eyes on new inflation report as prices rise l GMA

Rebecca Jarvis reports on the latest inflation data and what it signals about the health of the U.S. economy. READ MORE: https://abcn.ws/3yvcCqP #ABCNews #Inflation #CPI…

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Prices of consumer goods, gas rising sharply in US

Experts worry that the Russian oil ban, on top of steep inflation, will drive up already high prices. Costs from food to rent have already…

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FitBit recalls 1 million smartwatches over burn hazards l GMA

The lithium-ion battery can overheat, posing a burn hazard, according to the Consumer Product Safety Commission. READ MORE: https://gma.abc/3C4N8Ao #ABCNews #FitBit #ConsumerAlert source

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Prices Of Wedding Day Essentials Surge Amid High Demand

Almost half of weddings in 2020 were postponed, sending demand skyrocketing this year. Now wedding day essentials are being impacted by inflation and supply chain…

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New Warning Of Errors On Consumers’ Credit Reports

Consumer Reports asked its members to check for mistakes on their credit report. Of those who replied, a third found errors from incorrect addresses to…

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Exclusive: McAfee finds security vulnerability in Peloton products

Engineers at cyber security firm McAfee say they hacked into the software of the internet-connected Bike+ using a USB drive loaded with malware. In a…

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Inflation causes consumer prices to soar l WNT

Inflation climbed at its fastest pace in four decades and now on average American families are spending $275 per month on average on everything from…

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Bank of America slashing overdraft fees l ABC News

The major U.S. bank will cut overdraft fees from $35 to $10 after pressure from consumer advocacy groups. #ABCNews #BofA #OverdraftFees #BankofAmerica source

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Growing Concern As Inflation Hits 13-Year High

According to the Bureau of Labor Statistics, inflation jumped nearly 1 percent from May to June. It’s up 5.4 percent compared to a year ago,…

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IKEA-Linked Illegal Russian Logging Impacted Forest Considered ‘The Earth’s Lungs’

An investigation by the non-profit environmental group, Earthsight, is claiming that Ikea children’s furniture is made from wood linked to illegal logging in Russia. NBC…

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‘Autonomy is going to have more traction sooner’: Tech expert on CES

ABC News’ Phil Lipof speaks with CNET Editor at Large Brian Cooley on the latest technological developments from the 2022 Consumer Electronics Show in Las…

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Major tech companies opting out of world largest tech conference in 2022

Due to the spread of the omicron variant, companies like T-Mobile, Facebook, Amazon and Twitter say they will not be present at 2022 CES in…

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Officials warn shoppers about package-tracking scams l GMA

With the countdown to Christmas just three days away, officials are sounding the alarm to buyers about scam robo-text messages involving tracking packages. #ABCNews #Scams…

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Prices spike on consumer staples

The typical U.S. household is spending an extra $175 a month on housing, groceries and gas, said a consumer spending expert. WATCH THE FULL EPISODE…

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