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DOGE plans to wind down consumer protection agency and fire nearly all staff, employees say

In a trove of statements released late Thursday, federal employees said that the mass layoff was discussed in meetings they attended this month.
Demonstrators protest against anticipated plans to close the Consumer Financial Protection Bureau in front of the CFPB headquarters in Washington on Feb. 10, 2025.
Demonstrators protest against anticipated plans to close the Consumer Financial Protection Bureau in front of the CFPB headquarters in Washington on Feb. 10, 2025.
14d ago

CFPB moves to drop suit accusing Capital One of cheating customers out of $2 billion

The agency accused the bank during the Biden administration of misleading customers about savings account opportunities.
Capital One Ahead Of Earnings Figures
Capital One Ahead Of Earnings Figures

EXCLUSIVE

16d ago

EXCLUSIVE

To fight scams, Senate bill would limit transactions at crypto ATMs

The legislation, proposed by Sen. Dick Durbin of Illinois, comes as law enforcement agencies report more crypto scams targeting older adults.
A Bitcoin ATM inside a gas station on Hilton Head Island, S.C.
A Bitcoin ATM inside a gas station on Hilton Head Island, S.C.
20d ago

The housing market's long winter faces a slow thaw and many unknowns

There are some signs of improvement heading into the spring buying season, but the Trump administration’s economic plans complicate the outlook.
A home under construction at the Waterways subdivision in Gulf Shores, Ala., Dec. 6, 2024.
A home under construction at the Waterways subdivision in Gulf Shores, Ala., Dec. 6, 2024.
21d ago

Bakeries can't beat egg prices, so your cake may cost more

Small businesses that churn out everything from pies to breakfast sandwiches are increasingly passing on costs they can’t absorb. Egg farmers say they’re “in the fight of our lives.”
A bakery display case with various colored cookies.
A bakery display case with various colored cookies.
29d ago

Climate change is turning Valentine's Day bitter for chocolate lovers

Money can’t buy you love — or as much cocoa as it used to, with adverse weather denting West African crops and chocolatiers adding more fillers like nuts.
A heart-shaped box is filled with chocolates at the Cacao and Cardamom shop on Jan. 31, 2025 in Houston.
A heart-shaped box is filled with chocolates at the Cacao and Cardamom shop on Jan. 31, 2025 in Houston.
29d ago

A global coffee price spike is about to drip into your mug

Disruptive weather linked to climate change has dented coffee bean supplies, which industry experts warn could soon leave a bitter taste in consumers’ mouths.
A customer drinks coffee at a shop in New York City
A customer drinks coffee at a shop in New York City
29d ago

What's at stake for consumers as Trump officials target the CFPB

The Consumer Financial Protection Bureau’s recent rules on overdraft and credit card late fees are in jeopardy, while others face uncertain futures.
The US Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C. on Feb. 2, 2025.
The US Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C. on Feb. 2, 2025.
33d ago

New clothes feel cheap? They really don't make them like they used to

Major apparel brands have cut corners in recent years to limit price hikes on shoppers, embracing lower-quality fabric and finishes to protect their margins.
People shop on Thanksgiving Day in New York on Nov. 28, 2013.
People shop on Thanksgiving Day in New York on Nov. 28, 2013.

Fashion's most hated garment — the skinny jean — is making a comeback

Skinny jeans are cropping up on runways and in Google search trends, and analysts expect they could be back at mass retailers by the end of the year.
Various skinny jeans on display in the clothing store
Various skinny jeans on display in the clothing store
34d ago

Nonalcoholic booze scores big ahead of the Super Bowl

Zero-proof beer sales are rising just as another major brand touts its newest alcohol-free brew during Sunday’s big game.
A selection of non-alcoholic beers athletic brewing co samuel adams brooklyn brewery
A selection of non-alcoholic beers athletic brewing co samuel adams brooklyn brewery

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