Consumer

First quarter output, driven by AI investment and government spending, rose as oil shock fuels inflation fearsUS gross domestic product (GDP) accelerated 2% in the first three months of 2026, though consumer spending is slowing as the war with Iran continues to impact energy prices.The last GDP reading for the fourth quarter of 2025 showed that US economic growth slowed to a 0.5% pace, largely due to a contraction in government spending after massive layoffs of federal workers last year. The federal government is down 355,000 workers, or 11.8% of the workforce, since October 2024, according to the Bureau of Labor Statistics. Continue reading...

Cocaine use also reaches record highs, Australian Criminal Intelligence Commission figures showGet our breaking news email, free app or daily news podcastMethamphetamine use in Australia has almost doubled in the past decade and stimulants are being taken at record highs, new wastewater monitoring reveals.On Wednesday evening the Australian Criminal Intelligence Commission (Acic) released its latest annual report after testing wastewater samples from 64 treatment plants across the country between August 2024 and 2025. Continue reading...

Case centers on glyphosate, pesticide used in Roundup and other products that has been linked to cancer in some studiesThe US supreme court will hear arguments in a key pesticide regulation case on Monday, setting the stage for a ruling that could weaken the ability of consumers to sue companies for failing to warn of product risks.The case centers on glyphosate – a weed-killing chemical used in the popular Roundup brand and numerous other herbicide products. The chemical has been scientifically linked to cancer in multiple studies, and was classified a probable human carcinogen by an arm of the World Health Organization in 2015. Continue reading...

• The Conference Board Consumer Confidence Index declined to 98.3 in April 2026, down 4.2 points from March, marking the steepest monthly drop since July 2025 as Americans express renewed concern about inflation and job security. • Consumers' expectations for future economic conditions weakened notably, with the forward-looking component falling 6.8 points as respondents cited concerns about rising prices for groceries, gasoline, and housing costs. • The decline suggests potential headwinds for Q2 consumer spending and retail sales, pressuring guidance from discretionary retailers and restaurant operators ahead of earnings season.

Commons committee heard from residents of Yorkshire town with the highest levels of ‘forever chemicals’ in UKOn 15 January, members of the House of Commons environmental audit committee (EAC) visited Bentham, the North Yorkshire town that has the highest levels of Pfas contamination in the UK.Colloquially known as “forever chemicals”, Pfas (perfluoroalkyl and polyfluoroalkyl substances) do not naturally degrade or decompose. This persistence gives them special properties with useful applications in both industrial and consumer products. Continue reading...

The trial between the Australian Competition and Consumer Commission and the supermarket giant began in the federal court in Sydney on TuesdayFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastWoolworths engaged in “marketing magic” to trick customers into thinking they were getting genuine discounts as part of the supermarket’s “Prices Dropped” promotion, the consumer regulator has told a court.The landmark trial between the Australian Competition and Consumer Commission (ACCC) and Woolworths began in the federal court in Sydney on Tuesday, almost two months after hearings ended in its very similar case against Coles. Continue reading...

Vinegar, Tim Tams and baby rice are among the products to be scrutinised in the Australian Competition and Consumer Commission’s caseGet our breaking news email, free app or daily news podcastThe consumer watchdog is back in court and taking on Australia’s largest supermarket chain, alleging Woolworths deliberately misled shoppers with fake discounts.The Australian Competition and Consumer Commission’s (ACCC) case against Woolworths begins in the federal court in Sydney on Tuesday, almost two months after hearings wrapped up in its very similar case against Coles. Continue reading...