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US stock market crashes in its worst day since 2024
The US stock market collapsed on Friday, posting its worst single-day loss since December 2024, as traders dumped risk assets on fears of a weakening economy and stubborn inflation, as new economic ...
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New data shows consumer sentiment about the economy is down
NPR's Scott Simon asks Austan Goolsbee of the Federal Reserve Bank of Chicago about consumer sentiment and inflation.
Is Trump Tariff Chaos Worrying Americans? Consumer Confidence Dips Amid Rising Inflation
Americans' confidence in the economy remains in solidly negative territory as Gallup's Economic Confidence Index (ECI) holds steady at -19.
Aspirational buyers could save luxury brands from losing more ground
Luxury brands hiked up their prices about 20% between 2021 and 2023, steering off middle-income shoppers facing financial pressure.
Consumers Are Worried About the Economy. What’s Behind the Consumer Sentiment Drop.
Inflation expectations soared in the latest consumer sentiment reading, partly due to worries about potential tariffs.