News

Consumer sentiment reading rebounds to much higher level than expected as people get over tariff shock
Consumers in the early part of June took a considerably less pessimistic view about the economy and potential surges in ...
May Retail Sales in Focus as Fed Balances Inflation Risk and Slowing Consumer Demand
U.S. retail sales report could sway Fed policy as weak consumer demand and tariff effects raise recession and stagflation ...
Survey: 65% of Americans think tariffs would be bad for their personal finances
More than half of Americans (56 percent) say they believe that the U.S. economy is headed in the wrong direction, according to Bankrate’s new Consumer Sentiment Survey. That’s virtually unchanged from ...
Pampers maker Procter & Gamble to cut up to 7,000 jobs as companies are buffeted by higher costs
Procter & Gamble will cut up to 7,000 jobs over the next two years as the maker of Tide detergent and Pampers diapers ...
US markets close in red as inflation and trade truce vie with geopolitical tensions
US markets closed in red on June 11, 2025, influenced by modest inflation, a U.S.-China trade truce, and rising oil prices ...