Subscribe
54°
Head Injury Risks Force Large Recall Of Bicycle Helmets
More than 30,000 bicycle helmets are being recalled because of added risks of head injury, officials said.
Bell Sports is recalling about 31,200 bike helmets sold in the US and 480 in Canada, the Consumer Product Safety Commission announced on Thursday, June 26. The recall affects children's Axle, Cadence, Rev, and Frenzy helmets, along with adult Cadence and Passage models.
The bike helmets don't meet federal impact protection standards and "can fail to protect the user in the event of a crash." No injuries have been reported, according to the CPSC.
The helmets we…
Inflation Ticks Up, Spending Slips As Trump's Tariffs Tighten Grip On Economy
Consumer spending cooled in May as inflation crept higher, signaling new pressure on Americans' wallets amid President Donald Trump's sweeping tariffs.
The Federal Reserve's primary inflation reading, the personal consumption expenditures price index, rose 0.1% in May to an annual rate of 2.3%, according to Bureau of Economic Analysis data released on Friday, June 27. Those increases matched ones forecasted by Dow Jones economists, CNBC reported.
Core inflation, which excludes food and energy, rose by 0.2% in May to 2.7%, slightly ahead of the 0.1% and 2.6% forecasts. Th…