Consumer

After weeks of holding off, Chancellor of the Exchequer Rishi Sunak will introduce a controversial windfall tax on energy companies on Thursday as he lays out measures to tackle the spiralling cost of living crisis.

The cost of living crisis is continuing to spiral out of control, with UK households being warned that the energy price cap will likely rise to around £2,800 in October — a time when families typically start turning their heating back on…

Investors are feeling rattled as evidence of record-high inflation spreading through the US economy becomes apparent. Major American retailers are reporting consumers cutting back on expensive items amid the cost-of-living crisis.

Shane Neagle, Editor In Chief at The Tokenist, compares and contrasts the growth stories of Tesla and Netflix.

On Wednesday, the Federal Trade Commission (FTC) put parents and caregivers on alert as it warned that scammers are seeking to exploit the US’ nationwide baby formula shortage.