consumer finance

Personal finance tool Turbobulls has launched a new feature that calculates inflation against a user's own holdings rather than the headline consumer price number. Hovering over any date on the net worth chart shows what that day's cash and investments would buy today, while the Wallet displays losses on idle cash and the Portfolio adds an inflation break-even line. The tools are available under the Turbo Pro subscription tier.

Chet Osterhoudt has published a commentary in the Rocky Mount Telegram examining how artificial intelligence is being used in personal finance. He argues that AI tools offer real promise for budgeting, planning and financial advice, but also carry clear limits and risks that consumers should understand before relying on them.

David's Bridal has named Kathy Cherian as its new Chief Financial Officer. Cherian previously held senior finance roles at Nike and Magnolia, bringing experience from major consumer brands to the bridal retailer. The appointment fills a key leadership position at the company as it continues navigating a competitive retail environment.

Investors are tracking Best Buy Co., Inc. (NYSE: BBY), with the retailer's stock price, quote and latest news being closely followed on finance platforms. Best Buy is one of the largest consumer electronics retailers in the United States, and its share performance is widely used as a gauge of consumer spending on electronics.