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President Trump announced Friday that he has directed the Department of Justice (DOJ) to launch an investigation into major meatpacking companies, accusing them of driving up beef prices through "illicit collusion, price fixing and price manipulation."In a post on Truth Social, Trump said the move is intended to protect American ranchers and consumers from what he described as unfair practices by "majority foreign-owned meat packers.""I have asked the DOJ to […]

I’m still thinking about affordability and this past Tuesday’s election. My latest obsession is the Walmart Thanksgiving bundle cost. President Trump said it’s 25% lower this year than it was last year. So, I did a little fact checking. It's actually 28% less. Even better. In 2024, the Walmart Thanksgiving bundle cost about $53 for 21 different products. This year it costs about $38 for 15 different items. So there […]

Starbucks has issued an apology to customers after the release of its limited-edition teddy bear–shaped holiday cup sparked chaos.The Seattle-based coffee giant launched its 2025 holiday menu and merchandise on Thursday, including the Glass Starbucks Bearista Cold Cup, which retails for $29.95.The collectible cup — shaped like a bear and topped with a green beanie lid — went viral online and sold out quickly, leaving fans scrambling to get their […]

U.S. consumer sentiment declined to its lowest level in more than three years and near an all-time low as households' concerns about the economic impact of the government shutdown mounted, according to new data.The University of Michigan's Index of Consumer Sentiment preliminary reading for November was 50.3, well below the 53.2 expected by economists polled by LSEG. That's the lowest level for consumer sentiment reported by the index since a reading of […]