Consumer Prices

Business

Western Digital Posts Strong Q2 Growth, Bolsters Future with Long-Term Deals Amid AI Storage Surge

Western Digital Corp (WDC) announced a robust 25% year-over-year revenue increase for its fiscal second quarter of 2026, driven by strategic long-term agreements and a favorable product mix. While consumer segment challenges persist, the company is positioning itself to capitalize on the burgeoning data storage demands from artificial intelligence.

Jan 30, 2026

Business

Rivian's $7 Billion Bet: Can the R2 SUV Spark an EV Comeback?

With a fortified war chest and production scaling up, Rivian is poised for its most critical test yet: winning over the mass market with its upcoming R2. While the financial runway is clear, the road to profitability hinges on consumer appetite for the new, more affordable model.

Feb 2, 2026

Business

InterDigital Inks Key Patent Deal with LG, Expanding Royalty Stream Beyond Smartphones to TVs and Monitors

InterDigital has secured a new multi-year patent license agreement with LG Electronics, extending its royalty base into consumer electronics like digital TVs and display monitors, signaling a strategic diversification of its licensing revenue.

Feb 2, 2026

Business

Treasury Report: U.S. Economy Shows Resilient Growth, Cooling Inflation as 2026 Begins

A new Treasury Department assessment paints a picture of an economy entering the new year with sustained momentum, driven by business investment and consumer spending, while key inflation metrics show continued moderation.

Feb 2, 2026

Business

Arabica Edges Higher Amid Technical Rebound, While Robusta Hits Four-Week Low

Coffee markets diverged on Monday as arabica futures found modest support from technical buying, but robusta prices slumped to a four-week low. The mixed performance comes amid favorable rains in Brazil boosting yield prospects, while surging Vietnamese exports pressure the robusta market.

Feb 2, 2026

Business

Gold's Wild Ride Leaves London's Historic Jewellery Quarter Reeling

The dramatic surge and sudden plunge in precious metal prices have thrown London's famed Hatton Garden into chaos, forcing jewellers, refiners, and families to navigate a volatile market with significant financial consequences.

Feb 2, 2026

Business

Silver Suffers Historic 30% Single-Day Collapse, Analysts Warn of Deeper Losses

Silver prices experienced a dramatic and historic sell-off on Friday, tumbling over 30% as a surging U.S. dollar and political uncertainty rattled markets. Analysts caution the downturn may not be over, with one prominent forewarning of a potential slide to $68 an ounce.

Feb 2, 2026

Business

Trump's Housing Stance: A Bid to Boost Homeowner Wealth Amid Affordability Crisis

Former President Donald Trump's recent comments advocating for higher housing prices have ignited debate, as experts warn such a stance could deepen the affordability crisis for younger generations and renters.

Feb 2, 2026

Business

Beyond the Binge: The Five Pain Points Driving Netflix Subscribers to Cancel

Despite its dominance and a recent surge to over 325 million subscribers, Netflix faces mounting criticism over pricing, content decisions, and user experience. An analysis of consumer feedback reveals the key frustrations testing viewer loyalty in an increasingly competitive streaming landscape.

Feb 2, 2026

Business

Netflix-Warner Bros. Merger: A Streamlined Future for Viewers and Creators?

Amid subscription fatigue and market fragmentation, the proposed union of Netflix and Warner Bros. Discovery is framed not as a threat to competition, but as a necessary consolidation to compete with tech giants and refocus value on consumers.

Feb 2, 2026

Business

Brazilian Rains Dampen Coffee Market as Robusta Hits Four-Week Low

Arabica futures edge higher on technical moves, while robusta prices tumble as favorable weather in Brazil and surging Vietnamese exports point to ample supplies, pressuring the market.

Feb 2, 2026

Business

Prosecutors Sound Alarm: New Stablecoin Law May Leave Fraud Victims Unpaid as Issuers Profit

A coalition of New York prosecutors warns that the landmark GENIUS Act, celebrated as a regulatory breakthrough for stablecoins, lacks critical consumer protections, potentially allowing issuers to financially benefit from frozen or disputed funds while victims struggle for restitution.

Feb 2, 2026

Business

Beyond the Scale: How the GLP-1 Boom is Reshaping Diets, Wallets, and Industries

The surge in popularity of weight-loss drugs like Ozempic and Wegovy is sending shockwaves far beyond the pharmacy, fundamentally altering consumer spending, challenging major corporations, and forcing a broad economic recalibration.

Feb 2, 2026

Business

The Great American Lock-In: Homeowners Stay Put for Record Lengths, Coastal States Lead the Trend

New data reveals U.S. homeowners are holding onto their properties longer than at any point in the last quarter-century, with coastal markets showing the most pronounced stagnation. High mortgage rates, soaring prices, and a severe inventory crunch have created a powerful 'lock-in' effect, reshaping the dynamics of the housing market.

Feb 2, 2026

Business

DraftKings Clears Hurdle for Crypto Betting Funds in Four States, While Massachusetts Holds Firm

The sports betting giant is set to launch a cryptocurrency conversion feature for deposits in Illinois, Kentucky, New Hampshire, and Vermont. Massachusetts regulators, however, have blocked the move, citing unresolved concerns over the technology's readiness and consumer protection.

Feb 2, 2026

Business

Atlanta Emerges Among Top U.S. Buyer's Markets as Housing Inventory Swells

Atlanta ranks ninth nationally as a favorable market for homebuyers, driven by increased inventory and moderating prices, according to new Realtor.com data. The trend highlights a broader shift toward buyer leverage across Sun Belt metros.

Feb 2, 2026

Business

Zegna Charts Course Through 'New Normal' with DTC Focus and Retail Expansion

In his first interview as Executive Chairman, Gildo Zegna outlines a strategy of agility and direct consumer engagement to navigate global uncertainties, as the group reports resilient 2025 results driven by its flagship brand.

Feb 2, 2026

Business

Suze Orman Slams Car Leasing as 'Biggest Waste of Money,' Yet 20% of Americans Defy Advice

Financial guru Suze Orman's blunt critique of auto leasing has reignited the buy-vs-lease debate, revealing deep divides in consumer financial strategy as industry data shows persistent leasing popularity despite economic headwinds.

Feb 2, 2026

Business

Zegna Charts Steady Course Amid Leadership Shift and China Volatility, Fueled by DTC Momentum

The Ermenegildo Zegna Group reported a resilient 2025, with full-year revenues reaching €1.92 billion. A strong fourth-quarter acceleration, driven by a 10% surge in direct-to-consumer sales, underscores the luxury group's strategic pivot away from wholesale. While the Americas and EMEA regions showed robust growth, Greater China remains a volatile market as the company navigates a planned leadership transition and industry headwinds.

Feb 2, 2026

Business

FAT Brands Seeks Chapter 11 Protection Amid $1.3 Billion Debt Restructuring

The parent company of Fatburger, Johnny Rockets, and Twin Peaks files for bankruptcy in Texas, citing inflationary pressures and shifting consumer demand, while vowing to keep restaurants open.

Feb 2, 2026