Consumer

Jeff Bezos during a news conference at the National Press Club in Washington, Sept. 19, 2019.
Bezos, Biden Squabble Over Taxes, Inflation
Most economists side with the White House — with a caveat.
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Ashley Maddox feeds her 5-month-old son, Cole, with formula she bought through a Facebook group of mothers in need Thursday, May 12, 2022, in Imperial Beach, Calif. 'I connected with a gal in my group and she had seven cans of the formula I need that were just sitting in her house that her baby didn't need anymore,' she said. 'So I drove out, it was about a 20-minute drive and picked it up and paid her. It was a miracle.'
Parents Swap, Sell Baby Formula as Biden Focuses on Shortage
Frenzied parents are trying to keep their babies fed.
May 13th, 2022
Water flies from a sprinkler watering a lawn, in Sacramento, Calif., Tuesday, May 10, 2022. California's water usage jumped nearly 19% in March during one of the driest months on record, state officials announced, Tuesday, May 10, 2022.
In Drought-Ravaged California, Water Use is Up Dramatically
Urban water use accounts for a relatively small percentage of California's overall water use when compared to agriculture.
May 11th, 2022
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Infant formula is stacked on a table during a baby formula drive to help with the shortage Saturday, May 14, 2022, in Houston. Parents seeking baby formula are running into bare supermarket and pharmacy shelves in part because of ongoing supply disruptions and a recent safety recall.
U.S. Allows More Baby Formula Imports to Fight Shortage
May 17th, 2022
Chicken
Conspiracy Theorists Flock to Bird Flu
May 17th, 2022
Amazon office, San Francisco, Aug. 2019.
Two Plead Guilty in Amazon Marketplace Scheme
May 17th, 2022
Children living in a cocoa-producing village walk back from the fields on the outskirts of the town of Oume, Ivory Coast, on June 30, 2005.
Some Chocolate Has a Dark Side to it: Child Labor
May 16th, 2022
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Industrial Media Unboxing Video
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Industrial Media Unboxing Video
IEN Unboxed is a new show in which our editors unbox new tools on the market and discuss their features.
Apr 22nd, 2022
Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, May 4, 2022 in Washington. The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by a sizable half-percentage point.
Powell: 'Soft' Economic Landing May Be Out of Fed's Control
Such comments reflect less confidence in avoiding a recession than Powell has previously conveyed.
May 13th, 2022
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Abbott to Restart Troubled Baby Formula Plant
Abbott recalled baby formulas made at its plant in Sturgis.
May 12th, 2022
Baby formula is displayed on the shelves of a grocery store in Carmel, Ind., Tuesday, May 10, 2022.
What's Behind the U.S. Infant Formula Shortage?
And how to make sure it doesn't happen again.
May 12th, 2022
President Joe Biden walks with O'Connor Farms owners Jeff and Gina O'Connor, Kankakee, Ill., May 11, 2022.
Biden Sees Bigger Role for U.S. Farms Due to Ukraine War
New policies aim to increase harvests — and help reduce grocery bills.
May 11th, 2022
A customer pumps gas at an Exxon gas station, May 10, 2022, Miami.
Has Inflation Peaked?
The latest numbers may be a tentative sign.
May 11th, 2022
This Nov. 19, 2019 file photo shows the logo on a Peloton bike in San Francisco. Peloton's loss widened in its fiscal third quarter and sales continued to slow as the company contends with a further cooling of the exercise-at-home trend. Shares tumbled more than 25% before the market open on Tuesday, May 10, 2022.
Peloton's Struggles Continue
More questions raised about how the company will move forward.
May 10th, 2022
A logo of Sony is seen at the headquarters of Sony Corp. Tuesday, May 10, 2022, in Tokyo. Sony’s fiscal fourth quarter surged 67% to 111.1 billion yen ($852.7 million) from the previous year, as the Japanese entertainment and electronics company racked up profits in video game and movie divisions, the company said Tuesday, May 10, 2022.
Sony's Profit Surges
But several months may be needed to get over the new supply problems.
May 10th, 2022
Coke I Stock 487787108
Ex-Coca-Cola Engineer Sentenced in Trade Secrets Case
A chemical engineer will serve 14 years for...
May 10th, 2022
In this photo released by Xinhua News Agency, a container ship from Japan is anchored at the container dock of Shanghai's Yangshan Port in east China on April 27, 2022. China's export growth tumbled in April after Shanghai and other industrial cities were shut down to fight virus outbreaks.
China Trade Weakens After Cities Shut Down to Fight Virus
The country's export growth tumbled.
May 9th, 2022
Joshua Correa, left, steadies a scaffolding for Samuel as they work at a home under construction in Plano, Texas, May 3, 2022.
Less Immigrant Labor Contributing to Price Hikes
The U.S. is waking up to a labor shortage partly fueled by a slowdown in immigration.
May 9th, 2022
The Biden administration announced on Monday that 20 internet companies have agreed to provide discounted service to low-income Americans, a program that could effectively make tens of millions of households eligible for free service through an already existing federal subsidy.
Biden Starts Program to Provide Discounted Internet Service
Twenty internet companies are on board.
May 9th, 2022