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Inflation Cools Slightly In February As Tariffs, Slowing Labor Market Fuel Economic Concerns Inflation Cools Slightly In February As Tariffs, Slowing Labor Market Fuel Economic Concerns
Inflation Cools Slightly In February As Tariffs, Slowing Labor Market Fuel Economic Concerns Consumer prices rose slightly less than expected in February, but President Donald Trump's escalating trade wars and a declining labor market are keeping economic uncertainty high. Inflation increased 0.2 percent in February and 2.8 percent over the past year, according to new Bureau of Labor Statistics data released on Wednesday, Mar. 12. The yearly inflation number remained well above the Federal Reserve's two-percent target. The monthly increase was smaller than January's jump of 0.5 percent. February's figures were also a little lower than Dow Jones expectations, CNBC reported. Co…

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by Chris Spiker
Business
Trump Halts Mexico Tariffs Amid Rising Trade Tensions, Domestic Economic Fears Trump Halts Mexico Tariffs Amid Rising Trade Tensions, Domestic Economic Fears
Trump Halts Mexico Tariffs Amid Rising Trade Tensions, Domestic Economic Fears President Donald Trump is reversing course on tariffs against Mexico, stepping back from a trade war he started with the nation's southern neighbor. In a Thursday, Mar. 6 post on his social media platform Truth Social, Trump said he struck a deal with Mexican President Claudia Sheinbaum to delay tariffs on goods covered by the United States-Mexico-Canada Agreement (USMCA). The pause will be in effect until Tuesday, Apr. 2. "I did this as an accommodation, and out of respect for, President Sheinbaum," Trump posted. "Our relationship has been a very good one, and we are working hard, to…

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by Chris Spiker
Business
Trump Pauses Auto Tariffs Amid Trade War Fallout With Canada, Mexico Trump Pauses Auto Tariffs Amid Trade War Fallout With Canada, Mexico
Trump Pauses Auto Tariffs Amid Trade War Fallout With Canada, Mexico President Donald Trump is giving US automakers a brief delay on tariffs imposed against Canada and Mexico as trade war tensions escalate and concerns rise domestically about the economy. The pause was confirmed at a news briefing by White House Press Secretary Karoline Leavitt on Wednesday, Mar. 5. The move came one day after Trump officially placed 25 percent tariffs on Canadian and Mexican goods while raising tariffs on Chinese imports to 20 percent. The country's "Big Three" automakers — Stellantis (formerly Chrysler), Ford, and General Motors — talked with Trump abou…

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by Chris Spiker
Business
Private Job Growth Hits Lowest Point In Months As Trump's Trade Wars Shake Economy Private Job Growth Hits Lowest Point In Months As Trump's Trade Wars Shake Economy
Private Job Growth Hits Lowest Point In Months As Trump's Trade Wars Shake Economy Job growth in the private sector slowed to its weakest pace in seven months, as hiring lags amid economic uncertainty and rising trade tensions, according to new data. Private employers added just 77,000 jobs in February, the ADP said in its National Employment Report released on Wednesday, Mar. 5. That number marks the smallest job growth since July 2024 and was down sharply from January's revised total of 186,000. February's data is the latest in a wave of troubling economic indicators during the first two months of President Donald Trump's return to office. "Policy uncertainty…

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by Chris Spiker
Business
Price Hikes Likely At Best Buy, Target As Trade Wars Escalate, CEOs Say Price Hikes Likely At Best Buy, Target As Trade Wars Escalate, CEOs Say
Price Hikes Likely At Best Buy, Target As Trade Wars Escalate, CEOs Say Shoppers at Best Buy and Target should prepare for higher prices as new tariffs on imports from Mexico, Canada, and China disrupt supply chains, according to the companies' CEOs. The heads of the retail giants sent out warnings about likely price hikes for everything from fresh produce to expensive electronics. On Tuesday, Mar. 4, President Donald Trump officially enacted 25 percent tariffs on goods from Mexico and Canada, along with raising tariffs on Chinese imports to 20 percent. Best Buy CEO Corie Barry said the chain heavily relies on China and Mexico as its top two…

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by Chris Spiker
Business
Canada, Mexico, China Retaliate As Trump's Tariffs Spark Trade Wars: 'We're Ready To Fight' Canada, Mexico, China Retaliate As Trump's Tariffs Spark Trade Wars: 'We're Ready To Fight'
Canada, Mexico, China Retaliate As Trump's Tariffs Spark Trade Wars: 'We're Ready To Fight' Canada, Mexico, and China are responding to President Donald Trump officially placing tariffs on the three nations, escalating tensions with the US's key trading partners and increasing concerns about rising costs for American consumers. The US officially imposed 25 percent tariffs on Canadian and Mexican goods on Tuesday, Mar. 4. On the same day, the US also raised tariffs on Chinese imports to 20 percent. On his social media platform Truth Social, Trump claimed the solution to the trade wars is bringing more businesses into the country. "IF COMPANIES MOVE TO THE UNITED STATES, …

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by Chris Spiker
Business
24-Hour Spending Blackout Targets Major Retailers, Politicians As Economic Anxiety Rises 24-Hour Spending Blackout Targets Major Retailers, Politicians As Economic Anxiety Rises
24-Hour Spending Blackout Targets Major Retailers, Politicians As Economic Anxiety Rises A grassroots movement calling on people across the country to pause all non-essential purchases has begun its first "economic blackout" in a protest against corporate greed and financial inequality. The group called The People's Union USA organized the "24-Hour Economic Blackout" on Friday, Feb. 28. Supporters were asked to avoid all non-essential spending, including purchases from major retailers like Amazon, Walmart, Best Buy, and Target, as well as gas and fast food. Supporters of the blackout were asked to only buy "absolutely necessary" items like food, medicine, and eme…

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by Chris Spiker
News
Pets Killed, Homes Damaged: 500K Stoves Recalled Over This Fire Risk Pets Killed, Homes Damaged: 500K Stoves Recalled Over This Fire Risk
Pets Killed, Homes Damaged: 500K Stoves Recalled Over This Fire Risk Half a million electric ranges are being recalled after reports of the stoves accidentally turning on, causing fires and killing pets, officials said. LG is recalling about 500,000 stoves due to a fire hazard linked to front-mounted knobs, the Consumer Product Safety Commission said in a news release on Thursday, Feb. 6. The recall includes LG Slide-In and Freestanding electric ranges with knobs that can be accidentally turned on by humans or pets. The issue has led to at least 86 reports of unintentional activation, resulting in 28 fires, the CPSC said. At least five fires caused exte…

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by Chris Spiker
Business
Burn Hazards Cost Fitbit $12M+ After Delayed Smartwatch Recall: CPSC Burn Hazards Cost Fitbit $12M+ After Delayed Smartwatch Recall: CPSC
Burn Hazards Cost Fitbit $12M+ After Delayed Smartwatch Recall: Cpsc Fitbit will pay more than $12 million for failing to promptly report that its Ionic smartwatches posed serious burn risks, officials said. Fitbit LLC, which is now owned by Google, has been fined $12.25 million to settle claims by the Consumer Product Safety Commission, the federal agency said in a news release on Thursday, Jan. 23. The defect caused the Ionic smartwatches to overheat, leading to second- and third-degree burns for some users. Between 2018 and 2020, Fitbit received multiple reports of its Ionic smartwatches overheating and injuring users, the CPSC said. In ear…

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by Chris Spiker
Business
Samsung Recalling More Than 1M Electric Ranges Following Hundreds Of Reported Fires Samsung Recalling More Than 1M Electric Ranges Following Hundreds Of Reported Fires
Samsung Recalling More Than 1M Electric Ranges Following Hundreds Of Reported Fires More than a million Samsung electric ranges are subject to a recall after the company received hundreds of reports of fires that left several people injured and pets dead over the past decade. The Consumer Product Safety Commission (CPSC) issued an alert advising that slide-in electric ranges are subject to the recall due to front-mounted knobs that can be accidentally activated by humans or pets, creating a fire hazard. In total, 1,120,905 units are being recalled. These models are included in the recall:  NE58K9430SS/AA; NE58N9430SG/AA; NE58R9431SG/AA; NE58R9431SS/AA; NE58R9431ST/…

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by Zak Failla
Police & Fire
Brookline Woman Admits To $650K Embezzlement Scheme From Medical Practice: Feds Brookline Woman Admits To $650K Embezzlement Scheme From Medical Practice: Feds
Brookline Woman Admits To $650K Embezzlement Scheme From Medical Practice: Feds An ex-office manager from a Brookline medical practice admitted to stealing more than $650,000 from her former employer, authorities said Friday, May 24.  Kathleen Libby, 40, pleaded guilty to one count of wire fraud and will be sentenced on Sept. 4, the US Attorney for Massachusetts said. She faces up to 20 years in federal prison.  Libby was accused of stealing from her former employer in multiple ways, including creating a fake vendor named "Medline Surgical Supplies" to which she would send PayPal payments, the prosecutor said.  She used the money to buy items from …

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by Josh Lanier
Business
187K Air Fryers, Ovens Sold At Best Buy Nationwide Recalled For Fire, Burn Hazards 187K Air Fryers, Ovens Sold At Best Buy Nationwide Recalled For Fire, Burn Hazards
187K Air Fryers, Ovens Sold At Best Buy Nationwide Recalled For Fire, Burn Hazards Nearly 200,000 more Insignia air fryer and air fryer ovens sold nationwide at Best Buy are being recalled due to potential fire risks and burn hazards. The Consumer Product Safety Commission (CPSC) announced a recall of approximately 187,400 Insignia products following dozens of complaints of ovens catching fire, burning, or melting. According to CPSC, the recall includes these models of Insignia Air Fryers and Insignia Air Fryer Ovens:  NS-AF34D2; NS-AF5DSS2; NS-AF5MSS2; NS-AF8DBD2; NS-AF10DBK2; NS-AF10DSS2. Product rating label on the underside of the unit showing INSIGNIA…

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by Zak Failla
Business
Gas Range Recall Expanded Due To Risk Of Injury, Death From Carbon Monoxide Gas Range Recall Expanded Due To Risk Of Injury, Death From Carbon Monoxide
Gas Range Recall Expanded Due To Risk Of Injury, Death From Carbon Monoxide A company has expanded a recall for gas kitchen ranges because its ovens can emit dangerous levels of carbon monoxide while in use, potentially causing serious injury or death, according to the Consumer Product Safety Commission (CPSC). ZLINE announced this week that after two earlier recalls within the last year of around 58,000 ovens it received 131 reports that the repair was not completed successfully and that the ranges were still emitting dangerous levels of carbon monoxide. As a result, a new recall of around 30,000 ranges has been issued. Earlier recalls were announced on Thursday,…

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by Joe Lombardi
Business
Massive Recall Issued For Nearly 1,000,000 Pressure Cookers Due To Burn Hazard Massive Recall Issued For Nearly 1,000,000 Pressure Cookers Due To Burn Hazard
Massive Recall Issued For Nearly 1,000,000 Pressure Cookers Due To Burn Hazard A massive recall has been issued for a popular brand of pressure cookers due to a burn hazard. A total of 930,000 Insignia pressure cookers have incorrect volume markings on the inner pot, the Consumer Product Safety Commission (CPSC) announced on Thursday, Oct. 26. "This can cause consumers to overfill the pot and hot food and liquids to be ejected when the pressure cooker is vented using the quick-release method or opened while its contents are pressurized, posing a burn hazard to consumers," the commission said. The units were sold by Best Buy throughout the United States and …

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by Joe Lombardi
Business
456,000 Waffle Makers Recalled Due To Burn Hazard, With Dozens Of Injury Reports 456,000 Waffle Makers Recalled Due To Burn Hazard, With Dozens Of Injury Reports
456,000 Waffle Makers Recalled Due To Burn Hazard, With Dozens Of Injury Reports Nearly half a million waffle makers are being recalled due to a burn hazard that has resulted in dozens of injuries. The Consumer Product Safety Commission (CPSC) announced the recall of 456,000  PowerXL Stuffed Wafflizer waffle makers on Thursday, May 18 after 44 reports of incidents including 34 burn injuries with three requiring medical attention. "Hot pieces of the waffle or stuffing can be expelled from the waffle maker during use or upon opening the product, posing a burn risk to consumers," the CPSC said. The waffle makers were sold at Walmart, Kohls, Big Lots, B…

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by Joe Lombardi
Business
Recall Expanded For Gas Ranges Due To Serious Risk Of Injury Or Death From Carbon Monoxide Recall Expanded For Gas Ranges Due To Serious Risk Of Injury Or Death From Carbon Monoxide
Recall Expanded For Gas Ranges Due To Serious Risk Of Injury Or Death From Carbon Monoxide A company has expanded a recall for gas kitchen ranges because its ovens can emit dangerous levels of carbon monoxide while in use, potentially causing serious injury or death, according to the Consumer Product Safety Commission. ZLINE announced on Thursday, Jan. 26 that an earlier recall announced late in December has now been expanded to include a total of 30,000 gas ranges in three sizes: 30-inch, 36-inch, and 48-inch. On Thursday, Dec. 29, ZLINE had initially announced the recall of 28,000 30- and 36-inch RG gas ranges, saying that it has received 44 reports of carbon monoxide emis…

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by Joe Lombardi
Business
52,000 Smart TVs Recalled Due To 'Serious Tip-Over, Entrapment Hazards' 52,000 Smart TVs Recalled Due To 'Serious Tip-Over, Entrapment Hazards'
52,000 Smart TVs Recalled Due To 'Serious Tip-Over, Entrapment Hazards' Officials are warning that more than half a million smart television models sold throughout the US pose a serious safety risk.  Around 52,000 86-inch television models produced by LG Electronics sold between March and September 2022 can become unstable while on the assembled included stand, posing "serious tip-over and entrapment hazards" that can injure or kill a child or other people, according to a recall announcement by the US Consumer Product Safety Commission from Thursday, Jan. 12.  The recall specifically includes four different models with the model numbers:  86UQ8…

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by Ben Crnic
Business
Recall Issued For 28K Kitchen Ranges Due To Carbon Monoxide Danger Recall Issued For 28K Kitchen Ranges Due To Carbon Monoxide Danger
Recall Issued For 28K Kitchen Ranges Due To Carbon Monoxide Danger A company is recalling gas kitchen ranges because the oven can emit dangerous levels of carbon monoxide while in use, potentially causing serious injury or death, according to the Consumer Product Safety Commission. ZLINE announced the recall of 28,000 30- and 36-inch RG gas ranges on Thursday, Dec. 29, saying that it has received 44 reports of carbon monoxide emission, including three reports of consumers seeking medical attention. It involves gas ranges with model numbers RG30, RGS-30, RGB-30, RG36, RGS-36, and RGB-36.  The ranges were sold in various door colors including blac…

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by Joe Lombardi
Business
More Than 660K Washing Machines Recalled Due To Fire Hazard More Than 660K Washing Machines Recalled Due To Fire Hazard
More Than 660K Washing Machines Recalled Due To Fire Hazard A company is recalling 663,500 washing machines after receiving reports of the machines overheating and causing fires.  Samsung issued the recall of "Top-Load Washing Machines" on Thursday, Dec. 22, because the products could short-circuit and overheat. The company said it has received 51 reports of washers smoking, melting, overheating, or catching fire. Ten of the incidents resulted in property damage, and three consumers reported suffering from smoke inhalation, Samsung said.  This recall involves several models of Samsung’s top-load washers with super-speed wash, wh…

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by Nicole Valinote
Business
Recall Issued For Brand Of Treadmills Due To Fall Hazard Recall Issued For Brand Of Treadmills Due To Fall Hazard
Recall Issued For Brand Of Treadmills Due To Fall Hazard A treadmill brand is being recalled over concerns it could pose a safety hazard. The recall affects more than 7,000 treadmills made by Nautilus, according to the Consumer Product Safety Commission (CPSC). At issue is a defect that could lead the machines to start on their own, posing a fall hazard, CPSC said. So far, Nautilus has received 21 reports of the machines turning on by themselves. No injuries have been reported.  The affected units are labeled with model number T616 and serial numbers 100672PRO21140001 through 100672PRO21171980, and with model number T618 and serial number…

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by Michael Mashburn