The possibility of Fed rate cut in December has increased sharply. This is because the consumer confidence in the United ...

Consumer sentiment in the United States has fallen to a near-record low and Americans’ view of current economic conditions ...

Consumer confidence in the U.S. has plunged to its weakest point in over three years amid political gridlock and government ...

Consumer sentiment dropped to a three-year low in November, a month into the government shutdown, led by pessimism in both personal finances and anticipated business conditions ...

In a preliminary reading, the University of Michigan consumer sentiment index fell to 50.3 in October, down from 53.6 the month before.

Previously, market experts had forecasted a more modest rise to $10.40 billion. The actual figure, therefore, represents an increase of approximately 26% over the predicted value. This unexpected ...

Consumer sentiment dropped to a three-year low in November, a month into the government shutdown, led by pessimism in both ...

US consumers’ views of the economy dimmed in November, reaching the lowest level since mid-2022 as a government shutdown ...

Refined product contracts were mixed near midday, with the NYMEX December ULSD contract flat at $2.496/gal and January ULSD up 0.3ct to $2.44/gal. The December RBOB contract was off by 1.45ct to ...

Nasdaq fell 1.6% as AI-driven gains reversed and Wall Street warned of a market correction. All major US indices ended the ...

The government shutdown is shaking Americans’ confidence, sending the Michigan Consumer Sentiment Index to its lowest level since mid-2022.

The driving force behind this week’s stock selloff might be concerns about tech valuations, but Friday’s dour consumer confidence data has certainly not helped. Not only did the University of Michigan ...