Recent salmonella and cyclosporiasis outbreaks linked to Mexican produce imported by Taylor Farms have exposed critical failures in U.S. food safety and FDA oversight amid declining agency staffing and foreign inspections.
Lettuce prices experienced a record 16.4% drop in July, driven by a multistate cyclospora outbreak that caused consumers to avoid the leafy green and impacted restaurant sales across major chains.
Despite China's sluggish retail sales and store closures by competitors like Zara and H&M, US apparel brand Gap plans to open 50 new stores in mainland China and return to Hong Kong by year-end, driven by a successful 'China-for-China' localization strategy under new operator Baozun.
A UC Davis study revealing adulterated avocado-oil products highlights the broader phenomenon of healthwashing, where food companies use marketing tricks and buzzwords to make ultra-processed items appear healthy and command premium prices.
Fast-fashion retailer Shein reports slowing growth and falling profitability in the U.S. and Europe after losing duty-free de minimis exemptions and facing new tariffs, threatening its upcoming Hong Kong IPO.
US President Donald Trump stated Washington is utilizing economic pressure instead of new military strikes to push Iran toward a deal, citing high inflation and a naval blockade.
Exxon Mobil and Chevron reported massive second-quarter profit surges driven by record fuel prices and supply constraints stemming from a six-month conflict halting shipping through the Strait of Hormuz.
Peloton posted its first full-year net profit of $63.2 million in fiscal 2026, driven by price increases, but shares tumbled nearly 13% as the company forecast lower sales for fiscal 2027.
UK Prime Minister Andy Burnham announced measures to ban fake discounts and ease subscription cancellations, aiming to save consumers £400m annually.
As Luigi Mangione awaits trial for killing UnitedHealthcare executive Brian Thompson, a dispute between defense and prosecutors over press access and the absence of an overflow room raises concerns about media chaos.
Germany faces growing pressure to abandon its free-market approach and order state-controlled energy firms to buy gas as storage levels hit historic lows ahead of winter, threatening wider European supplies.
Ongoing cyclospora outbreaks linked to contaminated iceberg lettuce have caused a sharp drop in salad sales, hitting restaurant chains like Sweetgreen and Chopt, and grocery stores across the U.S.
Tech industry leaders are baffled by the public's lack of interest in AI agents. While Silicon Valley pours resources into autonomous tools, everyday consumers have largely failed to adopt them, prompting calls for more practical, user-focused products.
Lake Highland Preparatory School student Aakash Manaswi has developed a carbon dioxide-based mite blower that effectively combats Varroa mites in honeybee colonies while remaining cheaper and safer than chemical pesticides.
Western Union partnered with Rain to launch Stablecard, a digital wallet and Visa card allowing users in 37 markets to hold and spend USDPT, a US dollar-backed stablecoin issued on the Solana blockchain.
Disney reported mixed fiscal third-quarter results, surpassing Wall Street earnings expectations at $2.06 per share while slightly missing revenue estimates at $25.25 billion, driven by growth in its parks and streaming segments.
India's gold market is transforming as digitally savvy Gen Z consumers view gold as a flexible financial asset. A World Gold Council report highlights the potential to mobilise 31,000 tonnes of idle household gold and modernise the ecosystem.
Used electric car leasing in the UK surged by 170% over the past year as drivers sought cheaper transport options to counter rising petrol prices driven by conflict involving Iran.
Australian household spending increased by 0.8 per cent in June, driven by rising transport and recreation costs, though economists expect growth to soften later in the year.
FSSAI bans adding rum or whisky flavour to spirits, requiring neutral-alcohol products to be labelled as flavoured spirits; Mohan Rocky Springwater, United Spirits, INBREW and Associated Alcohol & Breweries prohibited sales; inspections in Goa and Maharashtra.
President Trump demanded oil companies, including Chevron, lower gasoline prices for American consumers, criticizing them for not crediting his administration. This comes as he faces pressure over rising costs due to the US-Israel war on Iran, ahead of midterm elections.
California insurance regulators have granted final approval to a settlement with State Farm General, saving homeowners and renters approximately $530 million. The deal, reached with Consumer Watchdog, limits proposed premium increases and mandates refunds with 10% interest for certain policyholders.
California's highest U.S. fuel prices, exacerbated by the Iran war and global diesel shortages, are increasing costs for everyday products nationwide. The San Pedro Bay port complex, a major import/export hub, relies on transport powered by expensive California diesel, impacting the entire U.S. supply chain.
Unilever, owner of brands like Marmite and Dove, announced plans for further price increases in the coming months to offset rising commodity costs, despite reporting strong Q2 sales growth of 5.8% and raising its 2026 outlook. The company's shares climbed over 8% as markets reacted positively to its performance.
