Even three years after the generative AI boom started, most AI startups are still making money by selling to businesses, not individual consumers. Although consumers quickly adopted general-purpose ...

US consumer sentiment rose for the first time in five months, bolstered by a more optimistic outlook for personal finances as inflation expectations improved. The preliminary December sentiment index ...

US consumer spending stalled in September, suggesting Americans were already stretched going into the government shutdown in the face of stubborn inflation. Consumer spending, adjusted for changes in ...

Consumer class actions surged last week in California Eastern District Court. At least 10 cases were filed, seven of which accuse businesses of sending unsolicited telephone calls and text messages in ...

Consumer class actions spiked last month in Washington Superior Court for King County. At least 14 cases were filed, most of which accuse businesses of violating the state's Consumer Electronic Mail ...

Russell Vought’s dismantling of the Consumer Financial Protection Bureau is putting the public at risk in areas ranging from auto loans and digital payments to credit cards and credit reports. Two ...

Swift Home Loans Inc., a Michigan-based mortgage lender, is facing a federal class action lawsuit alleging it bombarded consumers with unwanted text messages. In an amended complaint filed Oct. 20, ...

HARTFORD, Conn. (WTNH) — Gov. Ned Lamont (D-Conn.) is set to sign the latest consumer protection bill into law on Monday afternoon at a bill signing ceremony. Legislators hope the bill will strengthen ...

Errors on credit reports. Unexpected bank and other “junk” fees. New financial products that conceal their true costs and terms. For help with those problems, millions of consumers in the U.S. have ...

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Mr. Halperin was the director of enforcement at the Consumer Financial Protection Bureau from 2021 to 2025. The Consumer Financial Protection Bureau is turning into the Corporate Financial Protection ...