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…
CT Rep Busted For Shoplifting At Bethel Target; Blames Sick Grandmother, Self-Check-Out Error
State Rep. Raghib Allie-Brennan (D-Bethel) finds himself in the spotlight following accusations of shoplifting at a local Target store, a matter he attributes to a self-checkout "error" amidst a family emergency.
The incident, first reported by the Daily Ructions blog, occurred recently at a Target in Bethel. Allie-Brennan, who serves as Chief Majority Whip in the state legislature, was reportedly arrested on Monday, June 23.
According to NBC Connecticut, the items in question amounted to $26.69. However, loss prevention at the store said they recognized him from previous larcenies, accordi…
45 Sickened, 16 Hospitalized As Salmonella Outbreak In Cucumbers Expands To 18 States
A Salmonella outbreak linked to a cucumber producer has now expanded to 18 states with 45 illnesses and 16 hospitalizations now reported.
The US Food and Drug Administration (FDA) issued a new recall for Bedner Growers cucumbers on Friday, May 30.
The recalled cucumbers, grown in Boynton Beach, Florida, and distributed by Fresh Start Produce Sales, were shipped to retailers, distribution centers, wholesalers, and food service dealers from Tuesday, April 29, to Monday, May 19.
The products were labeled as either being “supers,” “selects,” or “plains."
Target had issued…
More Amputated Fingertips Reported, Forcing Massive Cooler Recall To Expand
Igloo has expanded a major recall after dozens of new reports of severe fingertip injuries tied to its rolling coolers.
Igloo Products Corp. is recalling about 130,000 more coolers, the Consumer Product Safety Commission said on Thursday, May 8. The latest recall brings the total number of affected coolers to nearly 1.2 million.
The first recall was issued for 1,060,000 Igloo coolers back in February. In total, the company has received 78 injury reports, 26 of which involved fingertip amputations, bone fractures, or deep cuts, according to the CPSC.
The problem stems fr…
Target Will Pay You To Trade In Your Old Car Seats In NJ: Here's How To Participate
Got an old car seat collecting dust? Target is running a nationwide car seat trade-in event this week, and shoppers across the U.S. can score 20% off a new one just for recycling the old.
According to Target’s website, guests can drop off used, expired, or damaged car seats at most Target stores from Sunday, May 4 to Sunday, May 10. In return, you can receive a 20% Target Circle™ Bonus toward a new car seat, base, travel system, stroller, or select baby gear. Accepted items include infant seats, boosters, bases, and convertible models.
To redeem the offer, shoppers must scan the QR cod…
