Shopping News - LeadStory

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Food prices on the rise

The U.S. economy has a case of food-flation. Wholesale prices for fresh veggies soared by a record amount last month while grocery costs were up 2.2% compared to last year. Lisa Rozner reports on how consumers are dealing with rising costs.

CBS America

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How will US tariffs impact Swiss watchmakers?

Swiss exports to the US now face a 39% tariff — what's next for the iconic watch industry and precision engineering that define Switzerland's global edge?

DW News

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U.S. wholesale prices hit highest level in 3 years

U.S. wholesale inflation jumped unexpectedly in July, a sign that higher prices could soon hit consumers. Claire Jones, an economics editor for the Financial Times, joins to discuss.

CBS America

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'Lipstick effect' shows consumers seeking small luxuries

The "lipstick effect" — a theory that people buy small treats when they can't afford big purchases — could be happening right now as consumers face economic uncertainty, according to experts.

Scripps Local

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Gold jeweler selling 'royal' designs is defying China's economic slump

In a year when traditional luxury brands are struggling to attract buyers in the Chinese market, one notable exception has emerged: gold. Laopu Gold, a homegrown brand, has surged in popularity with its stock price skyrocketing.

Bloomberg

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Texas shoppers may spend less on tax-free weekend

The National Retail Federation believes consumers will spend slightly less during Texas’s tax-free weekend this year as concerns about the impact of tariffs loom.

Fox News

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Tanger CEO: U.S. consumer is still strong

Stephen Yalof, Tanger CEO, says consumers are showing up at shopping centers despite tariff concerns, while some brands did raise their base price, consumers are still able to get the best prices from mark downs.

Bloomberg

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New AP poll shows many Americans stress about grocery prices

If you're a family of four with two kids between nine and 11, the U.S. Department of Agriculture’s moderate plan data shows your monthly grocery cost is a little more than $1,300.

Scripps Local

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California video rental store draws new generation of customers

Video rental stores seem like ancient history nowadays, but one California shop is surviving the test of time. The Video Wave in San Francisco has been drawing in a new generation of customers, who are embracing the old way of movie rent...

CBS America

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Tariffs spark concern over school supply prices

As President Trump's tariffs took effect Friday, some parents are worried that the cost of school supplies might be impacted.

CBS America

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Business owners say new tariffs will force them to hike prices

Many business owners say new tariffs revealed by the Trump administration will force them to raise prices. The White House announced new tariffs against more than 60 countries set to go into effect Aug. 7, with rates ranging from 10% to ...

Scripps News

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What the Fed's rate pause means for your money

With interest rates holding steady for the fifth time, Jill Schlesinger explains how it affects credit cards, car loans, mortgages and savings.

CBS America

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What Trump's trade deal with South Korea means for consumers

A new deal was announced Wednesday with South Korea, a major trading partner. CBS News business analyst Jill Schlesinger breaks down what it means for consumers.

CBS News

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U.S. consumers face price hikes amid Trump's tariff policies

Prices are rising on European products in the U.S. as tariffs increase from 10% to 15%. Retailers say they're absorbing part of the cost, while consumers brace for further hikes. Wine, cheese and olive oil are among the goods affected.

France 24

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Most Americans expect prices to increase in coming months: Poll

A new round of CBS News polling shows views of the economy are slightly better than they were earlier this summer, but concerns about more price increases are weighing down the outlook. CBS News executive director of elections and survey...

CBS America

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Parents rush to buy school supplies before tariff deadline

The National Retail Federation says more parents than ever are bracing for price hikes and are trying to get ahead of the Aug. 1 tariff deadline by shopping for school supplies in the middle of summer. Ali Bauman has more.

CBS America

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China cracks down on fake ‘Lafufu’ Labubus

Fake Labubu plush toys, dubbed “Lafufu,” have gained popularity due to shortages of the original dolls made by China’s Pop Mart.

CNN

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Are TikTok, Gen Z responsible for luxury boom in European market?

Despite the global slowdown in the luxury goods sector, Europe is showing growth. In 2024, the value of the market in the region increased by 3% and reached almost €110 billion. What is behind this paradox?

Vivian Lin Thurston from William Blair Emerging Markets Growth shares what investment opportunities she is focusing on for the consumption theme in emerging markets.

CNBC