consumers

#Employers added 254,000 #jobs in Sept, reflecting a much stronger than expected #labor gains as #election nears.

The #unemployment rate ticked down to 4.1%, acc/to jobs data released Fri by the Labor Dept.

The last 6 months of steady job growth is enough to keep the labor market firmly OUT of #recession territory, economists say, especially as #GDP #growth remains hardy & #consumers continue to spend.

#Bidenomics #policy #finance #economy #VoteBlue #HarrisWalz2024
https://www.washingtonpost.com/business/2024/10/04/september-jobs-unemployment-labor-market/

#Walmart's announcement today that it plans to raise #prices is expected to open the floodgates for #retail price hikes.

The world's largest retailer—whose brand is inextricably linked to low prices & affordability—said despite the #China #trade deal earlier this week it is too late to avoid higher #costs for #consumers.

#Trump #tariffs #economy #inflation #recession
https://www.axios.com/2025/05/15/walmart-store-prices-trump-tariffs

#Trump has fired the director of the #Consumer #Financial #Protection Bureau, #RohitChopra, in the latest #purge of a #Biden admin ofcl.

Chopra was one of the more important #regulators from the previous admin. Chopra’s tenure saw the removal of #MedicalDebt from #CreditReports & limits on #overdrafts #penalties, all based on the premise that the financial system could be fairer & more competitive in ways that helped #consumers.

#TrumpCoup2 #GovernmentOverthrow #law
https://apnews.com/article/trump-chopra-consumer-financial-protection-bureau-47b6b39d0eff05ea0c9bca4eacf55b79