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#consumer

47 posts33 participants0 posts today
Public
Nonilex

Saying the quiet part out loud

#Trump tells NBC he “couldn't care less” if #car makers hike #prices due to #tariffs

Trump has been preparing to impose new tariffs on a range of #consumer goods on April 2, a move that has drawn criticism from international leaders & concerns about potential price increases for #consumers.

#economy #Trumpcession
reuters.com/world/us/trump-tel

Public *
BerlinFokus

oh shit .. 05:15 in the morning

just spend a night researching #US #consumer houshold #debt, without noticing

at least you can profit of my stupidity because I'm telling now that the world is clearly headed into a 2008 style global #EconomicCrisis

epicenter will again be the #USA

this time it isn't going to be just a #mortage default crisis but a everything default (#AutoLoans, #CreditCard, #StudentDebt, ..)

and the trigger is #tariffs & #doge adding to an already financially hurting nation

a banker standing on wall street, begging for a bailout
Public
Global News

Winnipeg’s Louise Bridge to close for repairs on Friday
From 9 a.m. to 3:30 p.m., the bridge will close to vehicle traffic as crews work on repairing the bridge's bearings. The west pedestrian walkway will remain open.
#infrastructure #traffic #repair #Winnipeg #Consumer #Politics
globalnews.ca/news/11101839/wi

Global News · Winnipeg’s Louise Bridge to close for repairs on FridayBy Iris Dyck
Public
Global News Winnipeg

Winnipeg’s Louise Bridge to close for repairs on Friday
From 9 a.m. to 3:30 p.m., the bridge will close to vehicle traffic as crews work on repairing the bridge's bearings. The west pedestrian walkway will remain open.
#infrastructure #traffic #repair #Winnipeg #Consumer #Politics
globalnews.ca/news/11101839/wi

Global News · Winnipeg’s Louise Bridge to close for repairs on FridayBy Iris Dyck
Continued thread
Public
Nonilex

#Consumer sentiment worsens as #inflation fears grow, University of Michigan survey shows

It was the 3rd consecutive decrease & stretched across party lines & income groups, survey dir Joanne Hsu said.

…In addition to worries about the current state of affairs, the survey's index of consumer expectations tumbled to 52.6, down 17.8% from 1 month ago & 32% for the same period in 2024.

#Trump #economy #tariffs #jobs #insecurity #trumpcession #recession
cnbc.com/2025/03/28/consumer-s

CNBCConsumer sentiment worsens as inflation fears grow, University of Michigan survey showsThe closely watched survey showed a reading of 57.0 for the month, down 11.9% from February and 28.2% from a year ago.
Public
Nonilex

I thought they were trying to save money 🤔

Under #Trump, the #Consumer #FinancialProtection Bureau #CFPB has dropped nearly a dozen enforcement cases brought during the #Biden admin, ending lawsuits against #banks & #lenders for a variety of financial practices that the #watchdog agency no longer considers #illegal.

But on Wed, the bureau went a step further: It is seeking to GIVE BACK $105k that a #mortgage lender paid to settle #racial #discrimination claims….

#law
nytimes.com/2025/03/26/busines

Russell Vought, the acting director of the Consumer Financial Protection Bureau, criticized the case against Townstone Financial, which the agency had brought during President Trump’s first term.
The New York Times · Consumer Bureau Seeks to Undo Settlement and Repay Mortgage LenderBy Stacy Cowley
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