The Consumer Financial Protection Bureau has been abruptly shut down. The directive was sent from Vought. It said the Consumer Financial Protection Bureau must cease nearly all of its work. It was created all the way back in 2010 when overtures from Obama and a disenfranchised public sparked the
Imagine this: a billionaire with a big plan, a consumer agency that put cash back in people's pockets, and a political move that could put the squeeze on everyday Americans. This is what happened when a major figure in tech made a bold statement about the Consumer Financial Protection Bureau (CFPB),
In a surprising move, Office of Management and Budget Director Russell Vought is now the acting head of the Consumer Financial Protection Bureau (CFPB). This change happens after Treasury Secretary Scott Bessent's short stint, who was accused of halting work at the bureau. Democrats had pushed back
Apple has been busy with some cool stuff in robotics. They've been digging into how robots can talk to humans better. They think that small movements and expressive actions are key to this. So, they looked at the Pixar Lamp, Luxo Jr, which has been around since 1985. It's a simple lamp, but it's got
People in charge of important government policies are constantly shuffling. Recently, Russell Vought switched jobs to lead the Consumer Financial Protection bureau. Russell's new role didn't come as an automatic promotion. He got the job after the US Senate approved his slot. They decided to make
People in the US are becoming increasingly worried about inflation. This is not just a worry, but a big concern. A recent survey showed that folks are expecting prices to go up by 4. 3% in the next year. This is the highest expectation in a long time. This is an increase of 1% from last month. T
Disney recently shared its first-quarter results. Net income rose by 5% to a whopping $24. 69 billion compared to last year. Also, there was an attempt at favorable market expectations. The bankers at LSEG expected $24. 62 billion, they missed it by about $100 million. Likewise, the adjusted earning
Imagine the US and China having a massive argument over trade. Now, the U. S starts to implement nasty 10% tariffs on all products from China. This is crucial because many consumer products we use daily in the US come from China. Electronics are big. Think cellphones and c
Getting healthier to you may sound like something of a chore. Here's a different take on this idea: Let's talk about how some companies, like PepsiCo, are navigating the rising tide of health-conscious consumers and inflation at the same time. One big area to get heads around is the decrea
Hold onto your hats, folks! The smartphone world just took a wild turn. Picture this: the year is 2024, and the biggest shock of the year doesn't come from some high-tech gadgets. It turns out that the smartphone market has more twists than a roller coaster. The popular belief would be that
