Consumer

NBC News Clone summarizes the latest on: Consumer - Business and Economy | NBC News Clone. This article is rewritten and presented in a simplified tone for a better reader experience.

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20d ago

Why Saks collapsed while the rest of luxury retail is growing

Department stores are increasingly being left behind as luxury brands connect directly with customers, both online and in boutiques.
Saks In Talks For $1 Billion Bankruptcy Loan To Keep Doors Open
Saks In Talks For $1 Billion Bankruptcy Loan To Keep Doors Open
20d ago

Verizon to issue $20 credits to customers affected by cell service outage

The outage lasted more than 10 hours and brought voice and data services to a halt for many customers of the country's largest wireless network.
A Verizon store in New York
A Verizon store in New York
20d ago

Widespread Verizon outage resolved after prompting emergency alerts

New York State Assembly member Anil Beephan called on the Federal Communications Commission to investigate the hourslong service outage.
A Verizon store in New York City on Jan. 12, 2024.
A Verizon store in New York City on Jan. 12, 2024.
21d ago

Rising cost of basic necessities could widen a gap between the well-off and everyone else

The government's December inflation report showed food prices rising, even as overall inflation held steady.
Inflation Continues To Rise As Consumers Spend During End Of Year Holiday Season
Inflation Continues To Rise As Consumers Spend During End Of Year Holiday Season

Saks files for bankruptcy as luxury market struggles

The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales and a rising online market.
Saks In Talks For $1 Billion Bankruptcy Loan To Keep Doors Open
Saks In Talks For $1 Billion Bankruptcy Loan To Keep Doors Open
22d ago

Inflation ticked up in December as falling gas prices helped offset food and housing costs

Prices rose 2.7% in December from a year ago, a sign that inflation continues rising but in line with the pace seen in recent months.
A shopper looks at a sales advertisement at a grocery store.
A shopper looks at a sales advertisement at a grocery store.
23d ago

DOJ's criminal probe of the Fed is shaking Wall Street — and could hit Main Street, too

The Federal Reserve is less likely to make cuts as it grapples with the investigation, analysts say, which could undermine one of Trump's goals.
Side-by-side image of Jerome Powell and Donald Trump
Side-by-side image of Jerome Powell and Donald Trump

Mattel adds an autistic Barbie to its line devoted to showcasing diversity and inclusion

The eyes of the new doll shift slightly to the side to represent how some people with autism sometimes avoid direct eye contact.
Mattel Autistic Barbie
Mattel Autistic Barbie
24d ago

Amazon wants to change how viewers watch the NFL

Mixing advanced stats with AI graphics, the company is trying to cater to hard-core football fans with its "Thursday Night Football" broadcast.
A person inside of a control room looks at various television screens stacked atop one another displaying different angles of a football game
A person inside of a control room looks at various television screens stacked atop one another displaying different angles of a football game
28d ago

Average nationwide gas cost will dip below $3 per gallon this year, price tracking group projects

The last time prices were as low was 2020, when the pandemic kept millions of Americans home.
A customer pumps gas in Schenectady, N.Y., on Dec. 3, 2025.
A customer pumps gas in Schenectady, N.Y., on Dec. 3, 2025.

America's affordability crisis is putting Aldi in the spotlight

Consumers across income levels are cutting back on extras and digging for deals — leading some shoppers to the aisles of Aldi.
Brittany Zwier and Frank Martinez's grocery cart at Aldi, which does not provide traditional shopping bags.
Brittany Zwier and Frank Martinez's grocery cart at Aldi, which does not provide traditional shopping bags.

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