News

US consumer confidence plummets to Covid-era low as trade war stokes anxiety
Americans’ confidence in the economy slumped for the fifth straight month to the lowest level since the onset of COIVD-19.
Consumer sentiment plunges 8%
Americans are still dreading a recession and rising inflation, even after President Donald Trump paused his massive tariff ...
A record number of Americans are only making their minimum credit card payment
Over 11% of Americans with accounts at the country’s largest banks only made the minimum payment on their credit card bill in ...
A tale of 2 consumers: High earners doing fine while lower-income households 'under some pressure'
Despite stock market volatility and tariff uncertainty, the US consumer is still spending. But earnings commentary and Wall Street data point to increasing cautiousness, especially for lower-income ...
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Michigan Consumer Sentiment Drops To 52.2, Beating Analyst Expectations
U.S. Dollar Index settled near the 99.60 level as traders reacted to Consumer Sentiment data. The Index remains stuck below the psychologically important 100.00 level amid tariff uncertainty.
Eurozone economic sentiment drops in April on trade tensions
The tariff blast since Donald Trump’s ‘Liberation Day’ has completely wiped out the tentative return of optimism in the ...
Electrolux Q1 profit lags expectations as tariffs loom
Appliances maker Electrolux reported on Tuesday a smaller first-quarter profit than expected and lowered its North America ...
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Michigan Consumer Sentiment Drops To 50.8, Missing Analyst Estimates
Current Economic Conditions declined from 63.8 in March to 56.5 in April, while Index of Consumer Expectations decreased from 52.6 to 47.2. The University of Michigan commented: “Sentiment has ...