Sign In
Free Newsletter
US consumer sentiment hits record low in early May
U.S. consumer sentiment dropped to a record low of 48.2 in early May, driven by higher gasoline prices and concerns over household finances, according to the University of Michigan survey.
Consumer sentiment rises in June after six-month slump
WASHINGTON (AP) — Consumer sentiment increased in June for the first time in six months, the latest sign that Americans’ views of the economy have improved as inflation has stayed tame and the Trump administration has reached a truce in its trade fight with China. The preliminary reading of the University of Michigan‘s closely […]
Wall Street glides to the end of its best month since 2023
Wall Street closed its winning week and month with a quiet Friday following a mixed set of profit reports from Gap, Ulta Beauty and other companies.
Americans increased spending tepidly last month as anxiety over the economy takes hold
WASHINGTON (AP) — U.S. shoppers stepped up their spending just a bit in February after a sharp pullback the previous month, signaling that Americans are shopping more cautiously as concerns about the direction of the economy mount. Retail sales rose just 0.2% in February, a small rebound after a sharp drop of 1.2% in January, […]
