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The Latest Breaking News from Joanne Hsu

US consumer sentiment highest since February on brief oil price dip

US consumer sentiment saw a temporary boost from lower oil prices in July. This positive trend may reverse as Middle East hostilities have resumed. Fighting has caused oil prices to rise again, impacting consumer outlook. Gasoline prices remain significantly higher than last year, affecting the economy. Consumers express frustration with…

The Economic Times

US consumer sentiment improves in June due to easing gas prices

Consumer sentiment still remains at historically low levels amid Iran war and rising inflation, new survey shows

The Guardian - US

Trump’s economy officially passes Biden’s for worst consumer sentiment in recorded history

The University of Michigan’s index plunged to 47.6 in April—shattering the prior floor set during the 2022 inflation crisis.

Fortune

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read the most diverse news in one place.

As Recession Odds Climb, Defensive Sectors Continue to Outperform

As uncertainty continues to dampen consumer confidence, investors are pivoting from growth to consumer staples. The VDC offers a low-beta, dividend-rich hedge.

MarketBeat

Americans making more than $100,000 are quickly losing faith in the economy—and it's a red flag for the white-collar job market

The country’s highest earners are getting in on the pessimism.

Fortune

Wall Street Climbs On Stronger Fed Cut Bets, Improving Consumer Mood: This Week In Markets

Wall Street extended its rebound after November's pullback, although with less momentum than the previous week, as risk appetite remained supported by expectations of another Federal Reserve rate cut.

Benzinga

Americans are feeling the pain of the affordability crisis: ‘There’s not any wiggle room’

The costs of groceries, housing, childcare, education and healthcare have become intolerable to many

The Guardian - US

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Consumer sentiment is sinking across the board — except for Americans with the most stocks

"One key exception: consumers with the largest tercile of stock holdings posted a notable 11% increase in sentiment, supported by continued strength in stock markets."

Fortune

Consumer sentiment tumbles close to record lows in latest U Michigan survey

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

The Independent UK

Government shutdown hasn’t left consumers glum about the economy – for now, at least

The ongoing federal shutdown has resulted in a pause on regular government data releases, meaning economic data has been in short supply of late. That has left market-watchers and monetary policymakers somewhat in the dark over key indicators in the U.S. economy.

The Conversation

Consumer Sentiment Falls To Lowest Level Since May As Inflation Fears Linger

U.S. consumer sentiment dropped in September to its lowest reading since May, according to the University of Michigan Survey of Consumers. This signals that worries about inflation, job security and overall economic direction are firmly on people's minds.

Benzinga

Dow Adds 300 Points, Ends Losing Streak: Stock Market Today

The Dow, the S&P 500 and the Nasdaq head into the weekend on high notes after posting gains for the first time since Monday.

Kiplinger

Americans are the most optimistic about the economy since just after Trump's inauguration

The University of Michigan consumer sentiment survey shows vibes around the economy far below historic norms, but they're "inching up."

Fortune

Stock Market Today: Great Power Affairs Mesmerize Markets

The U.S. and China are at least talking about talking about tariffs, and investors, traders and speculators are showing a little less fear.

Kiplinger

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The Guardian - US

US consumer sentiment sees largest drop since 1990 after Trump tariff chaos

Experts warn of slowing economy after score based on Americans’ financial outlooks fell by 32% since January

The Independent UK

Potential impact of trade war on jobs and inflation sends US consumer sentiment plunging

Consumer sentiment fell sharply in April for the fourth straight month as the trade war has fueled worries about the health of the job market and inflation

Fortune

UBS chief economist says Democrats in particular are panic-buying right now because they are ‘fearful’ about Trump’s tariffs spiking prices

Consumers are getting ahead of price spikes and buying now as tariff concerns raise inflations expectations.

The Independent UK

Consumer confidence drops amid Trump turmoil: Polls

The decrease was ‘pervasive,’ involving Republicans, Independents, and Democrats, said one poll supervisor

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news in one place.

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Salon

Inflation fears spike amid Trump tariffs

A new survey shows growing concern about how tariffs will affect consumer prices

Top News

Americans' Inflation Expectations Surge To 4.3%

Recent survey shows Americans increasingly worried about rising inflation and declining consumer sentiment.

Benzinga

Consumer Sentiment Hits 7-Month High, But Inflation Fears Divide Democrats, Republicans

December consumer sentiment index rose to 7-month high due to improved economic conditions & growing concerns over inflation, leading to increased purchases.

International Business Times

The US Economy Is Solid: Why Are Voters Gloomy?

Cooling inflation, low unemployment, robust economic growth and... downbeat voters.

Fortune

Struggling with money? It could be an early warning sign of dementia

One economist told Fortune it was “exciting” to have research confirm what doctors have long known.

Fortune

Consumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist says

"This positive spending is not a reflection of some sort of internalized secret sense of confidence that consumers have."

The Guardian - US

S&P 500 hits new record high amid signs of easing US economic gloom

Index climbs to all-time high of 4,838, clearing record set two years ago, as US consumer confidence rises while inflation concerns ease

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