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Spending slows in April as effect of tariffs weighs on minds of consumers
Retail sales were nearly flat in April with a 0.1% increase in spending compared to March when Americans increased purchases ...
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Inflation expected to surge to 7.3% in a year, fueled by tariff worry
Year-ahead inflation expectations jumped this month “among Democrats and Republicans alike,” Hsu said. Long-run expectations ...
US stocks drift as Wall Street heads for the finish of a big winning week
Stocks have rallied this week after the U.S. and China agreed on a 90-day pause for most of their punishingly high tariffs ...
US consumer sentiment drops to near record low in May on inflation worries, tariff uncertainty
The University of Michigan's Consumer Sentiment Index fell again in May after economists expected a modest increase. Consumer ...
US consumer sentiment slides to 3-year lows as trade war raises inflation anxiety
The preliminary reading of the University of Michigan’s closely watched consumer sentiment index, released Friday, declined 2 ...
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Consumer Headlines: Concerns grow over tariffs and recalled faucets
The latest Consumer Sentiment Survey results were released Friday, revealing growing concerns about tariffs and inflation. The survey, conducted before President Donald Trump reduced tariffs on China ...
Trading Day: Market elation trumps brewing stagflation
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Tariffs were supposed to drive inflation. Why hasn't that happened?
That is the "smallest increase since early 2021." The big driver of inflation was "housing-related," but there was not much evidence that tariffs put upward pressure on prices. Although Walmart said ...
A tale of two economies: The stock market vs the macroeconomic data
Where will we be 12 months from now? The post A tale of two economies: The stock market vs the macroeconomic data appeared first on The Motley Fool Australia.