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Fractured, Injured Fingers Prompt Recall Of 225K+ Camping Cots Fractured, Injured Fingers Prompt Recall Of 225K+ Camping Cots
Fractured, Injured Fingers Prompt Recall Of 225K+ Camping Cots More than 200,000 camping cots are being recalled after an issue with the backrest caused serious finger injuries, including fractures. Coleman issued the recall for about 228,760 Converta camping cots and camping suspension stretchers, the Consumer Product Safety Commission announced on Thursday, June 26. The recall also affects about 438 cots and stretchers sold in Canada. The CPSC said the backrest can snap shut and pinch a person's fingers, creating a risk of lacerations and amputations. At least seven people have been injured, including two with fractured finge…

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by Chris Spiker
Business
Inflation Ticks Up, Spending Slips As Trump's Tariffs Tighten Grip On Economy Inflation Ticks Up, Spending Slips As Trump's Tariffs Tighten Grip On Economy
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…

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by Chris Spiker
Business
Walmart To Pay $10M After Scammers Exploit Money Transfer Services, FTC Says Walmart To Pay $10M After Scammers Exploit Money Transfer Services, FTC Says
Walmart To Pay $10M After Scammers Exploit Money Transfer Services, FTC Says Walmart will pay $10 million and change its money transfer practices after federal regulators said the company let scammers steal hundreds of millions of dollars from Americans. Walmart agreed to the payout in a settlement, the Federal Trade Commission announced on Friday, June 20. The agency's three commissioners unanimously approved the final order. The FTC accused the retail giant of allowing fraudsters to misuse its wire transfer services between 2013 and 2018. "Electronic money transfers are one of the most common ways that scammers tell consumers to send them money, be…

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by Chris Spiker
Business
Ready-To-Eat Meals Sold At Supermarkets Recalled After Deadly Listeria Outbreak Ready-To-Eat Meals Sold At Supermarkets Recalled After Deadly Listeria Outbreak
Ready-To-Eat Meals Sold At Supermarkets Recalled After Deadly Listeria Outbreak Several popular ready-to-eat chicken pasta meals sold across the country at a pair of supermarkets are being recalled following a deadly outbreak of listeria. Federal officials say 17 people across 13 states have become sick after eating products linked to a strain of Listeria monocytogenes. Three people have died, and one fetal loss has been reported, according to the US Department of Agriculture (USDA). They products were sold at Walmart and Kroger stores. The recall includes chicken fettuccine alfredo meals under the Marketside and Home Chef labels, produced by FreshRealm establishments…

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by Joe Lombardi
Business
TikTok Ban Delayed Again Despite Doubts About Trump's Legal Power: Reports TikTok Ban Delayed Again Despite Doubts About Trump's Legal Power: Reports
TikTok Ban Delayed Again Despite Doubts About Trump's Legal Power: Reports TikTok will reportedly stay available in the US for at least three more months despite legal questions surrounding President Donald Trump's authority to keep delaying enforcement of the ban. White House press secretary Karoline Leavitt said Trump will sign an executive order to extend a pause on the ban for 90 more days, CNBC reported. An extension would push the Thursday, June 19, deadline to Wednesday, Sept. 17. The divest-or-ban bill became law in April 2024. The ban's enforcement has been postponed for a third time under Trump, who once advocated for banning the popular video app. The …

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by Chris Spiker
Business
Retail Sales Fall Sharply As Trump Tariffs Hurt Consumer Spending In May Retail Sales Fall Sharply As Trump Tariffs Hurt Consumer Spending In May
Retail Sales Fall Sharply As Trump Tariffs Hurt Consumer Spending In May US retail sales fell more than expected in May as consumers pulled back on spending amid rising economic anxiety fueled by President Donald Trump's tariffs. Seasonally adjusted sales dropped 0.9% in May to $715.4 billion, the US Census Bureau said on Tuesday, June 17. That was even worse than the 0.6% decline forecasted by the Dow Jones consensus, CNBC reported. The tumble followed a downward revision for April, which is now listed as a 0.1% decrease. Compared to last May, sales were up 3.3%, but momentum appears to be slowing. The steepest decline came from a…

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by Chris Spiker
Business
Major Home Goods Chain Declares Bankruptcy, Blames Trump Tariffs: See List Of Closing VA Stores Major Home Goods Chain Declares Bankruptcy, Blames Trump Tariffs: See List Of Closing VA Stores
Major Home Goods Chain Declares Bankruptcy, Blames Trump Tariffs: See List Of Closing VA Stores A popular home goods retailer is declaring bankruptcy, citing President Donald Trump’s sweeping tariffs and a significant drop in consumer spending. At Home has filed for Chapter 11 bankruptcy, the Dallas-area company announced on Monday, June 16. The retailer said it reached a deal with lenders to eliminate nearly $2 billion in debt and receive a $200 million capital infusion. The move will allow At Home to continue operating during the court-supervised restructuring process. "We are continuing to offer the home furnishing pairings that customers expect to find at our store…

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by Chris Spiker
Business
Fries Meet Pizza In New, Bold Combination: How You Can Try It Fries Meet Pizza In New, Bold Combination: How You Can Try It
Fries Meet Pizza In New, Bold Combination: How You Can Try It The newest addition to the frozen food aisle seems like the perfect cure for any type of munchies. Tombstone is releasing its first-ever French Fry Style Crust Pizza, the company said in a news release on Friday, June 13. The pizza will be available with a suggested price of $6.49 at Walmart and select retailers in July. The pizzas on gluten-free, potato-based crust will be sold in two flavors: Loaded Bacon Cheddar and Chili Cheese. "We wear our born-in-a-bar heritage with pride – it's not just where we started, it's who we are," said Tombstone brand manager Terry Klein. "Our fan…

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by Chris Spiker
Business
Major Supermarket Chain Slashing Prices On 400+ Items Despite Trump Tariffs: Here's Why Major Supermarket Chain Slashing Prices On 400+ Items Despite Trump Tariffs: Here's Why
Major Supermarket Chain Slashing Prices On 400+ Items Despite Trump Tariffs: Here's Why At a time when many grocery bills are going up, Aldi is going in the other direction. Aldi will cut prices on more than 400 items across all its stores, the company announced. The move comes as President Donald Trump's sweeping tariffs have increased the costs of many staples and shaken consumer confidence. The supermarket chain said it's reducing prices for many items like fresh meat, organic produce, pantry goods, and picnic snacks. "While customers may see higher prices at other retailers, we're working hard to unlock even more value for our shoppers, just in time for sum…

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by Chris Spiker
Business
Walmart Creates New Credit Cards Through Its Own Financial Firm: What To Know Walmart Creates New Credit Cards Through Its Own Financial Firm: What To Know
Walmart Creates New Credit Cards Through Its Own Financial Firm: What To Know Walmart is using its own financial technology startup to launch a major credit card program. Synchrony Financial and the Walmart-backed firm OnePay announced the new Mastercard on Monday, June 9. The move comes after Walmart ended its previous credit card partnership with Capital One years ahead of schedule. Walmart had leaned on Capital One as its exclusive credit card issuer since 2018, but sued to exit the agreement early in 2023, CNBC reported. Capital One later claimed Walmart wanted to end the contract to shift transactions to OnePay. At the time the partnership ended, the Walma…

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by Chris Spiker
Business
Mold Risks Prompt Massive Recall Of 1.7M+ Air Conditioners Under Many Brand Names Mold Risks Prompt Massive Recall Of 1.7M+ Air Conditioners Under Many Brand Names
Mold Risks Prompt Massive Recall Of 1.7M+ Air Conditioners Under Many Brand Names Nearly 1.75 million window air conditioners imported by a New Jersey company have been recalled after reports of mold exposure and respiratory problems. Midea America Corp. issued the recall for about 1.7 million air conditioners sold in the US and around 45,900 in Canada, the Consumer Product Safety Commission announced on Thursday, June 5. Midea is headquartered in Parsippany, about 30 miles west of New York City. According to the CPSC, Midea discovered water could pool inside its U and U+ models, creating a risk for mold growth. Mold exposure can trigger respiratory infections,…

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by Chris Spiker
Business
Massive Cucumber Recall Expands To Include New Products Massive Cucumber Recall Expands To Include New Products
Massive Cucumber Recall Expands To Include New Products A cucumber-linked Salmonella outbreak that’s sickened dozens has now led to another round of product recalls. this time targeting fresh food trays and tubs sold across five states. TGD Cuts, LLC of Jessup, Maryland, announced it is voluntarily recalling several cucumber-containing products distributed under multiple brands.  The affected items — including pre-packaged salsas, salads, and produce trays — were made using cucumbers from Bedner Growers Inc., the same Florida-based supplier at the center of a nationwide recall and Salmonella outbreak that has sickened at least 45 people and…

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by Joe Lombardi