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The Latest Breaking News from Joanne Hsu

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

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 Guardian - US

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

The Independent UK

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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.

Fortune

Consumer confidence drops amid Trump turmoil: Polls

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

The Independent UK

Inflation fears spike amid Trump tariffs

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

Salon

Americans' Inflation Expectations Surge To 4.3%

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

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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.

Benzinga

The US Economy Is Solid: Why Are Voters Gloomy?

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

International Business Times

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."

Fortune

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

The Guardian - US

Biden Sells Economic Strength, But Voters Aren't Buying Yet

US President Joe Biden has good news to sell on the economy as he seeks reelection in November -- but voters don't seem to be buying it.

International Business Times

Holiday prices are cheaper this year – but are US shoppers feeling the cheer?

Prices are starting to level out, with some toys, electronics and apparel cheaper than last year. Why are retailers expecting a muted shopping season?

The Guardian - US

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Benzinga

Stocks Don't Always Go Up: New Data Reveals Investor Sentiment Is Hovering At Financial Crisis Levels

The probability that investors see of stock price gains in the year ahead have plummeted to levels not seen since prior to the 2008 Great Recession.

People

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