The Iran war has underscored how disruptions to a key shipping route thousands of miles away can have a material impact on what American consumers pay at home for essentials like gasoline. The conflict, now nearing its six-month mark, has throttled traffic through the Strait of Hormuz, a key artery for global energy shipments, as…
A Maryland-based manufacturer is recalling 3,240 tomato soup kits sold at some Walmart stores due to concerns they may be contaminated with Listeria. The soup kits were distributed exclusively to Walmart locations in 29 states between June 30 and July 7, the U.S. Food and Drug Administration said in a recall notice issued on Wednesday. …
The torrent of corporate spending on artificial intelligence in the U.S. is driving up consumer prices, working against efforts to cool inflation. AI requires enormous computing power, driving demand for the semiconductors that enable it. Rising chip costs are also prompting electronics manufacturers to raise prices on smartphones, computers, software and other tech accessories. Consumers are…
Last year, Hershey prevailed in a lawsuit that claimed Reese’s featureless Halloween pumpkins were a consumer letdown. Starting this month, the spooky treats will return to store shelves, though without any changes to their smooth, oval shapes. “We know what consumers love,” said Katie DeCapria, senior brand manager for Halloween at Hershey, in a press…
Whole Foods has joined other big brands in recalling jalapeño products after a pepper supplier in Mexico was identified as a potential source of a salmonella outbreak affecting at least 27 U.S. states. Certain salsas, guacamole, pico de gallo and prepared food products at Whole Foods with the “Best Before” or “Best By” dates between Aug….
The New York City Council said Wednesday that it is investigating four prediction markets over allegations that the companies engage in deceptive marketing. The probe will examine the advertising practices of Gemini Titan, Kalshi and Polymarket, all of which are based in New York, as well as Texas-based Coinbase. “Prediction markets aggressively entice consumers to…
Scams involving credit card skimmers are on the rise, according to the U.S. Secret Service, costing consumers more than $1 billion each year. Since 2024, the Secret Service has removed what it says is just a fraction of the devices nationwide. Carter Evans reports. Source link
Many Americans may have encountered a predatory scam — and may not even know it. The U.S. Secret Service says the use of skimming devices, which capture account details and personal identification numbers from bank and government benefits cards, is on the rise. The devices can be set up in seconds on debit and credit…
Taylor Farms, whose lettuce public health officials have identified as the source of this summer’s widespread cyclosporiasis outbreak, now faces another serious food safety issue. The Salinas, California, produce supplier recently recalled several food items made with jalapeños suspected of being contaminated with salmonella. But Jennifer McEntire, founder of food safety consulting firm Food Safety Strategy,…
The largest energy provider in Nevada, NV Energy, is suing data center developer Tract Capital Management, accusing the company of trying to pass costs onto consumers. At issue is who pays to expand energy infrastructure when a data center needs as much electricity as a midsize city. Tract’s two planned campuses near Reno would together…
