Consumer sentiment plunges as US ‘frightened’ of ‘sharply higher prices’
Deterioration in sentiment and inflation expectations are based on US President Trump's escalation of trade tensions.
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52 days ago
Consumer sentiment slumps in March to lowest since 2022 as Trump tariffs spark more inflation worries
The University of Michigan's Survey of Consumers was expected to show a reading of 63.2 for March.
Consumer sentiment slumps in March to lowest since 2022 as Trump tariffs spark more inflation worries
The University of Michigan's Survey of Consumers was expected to show a reading of 63.2 for March.
53 days ago
New York AG announces bill to protect consumers from scams after Trump hobbles CFPB
With the Consumer Financial Protection Bureau frozen, consumers will have to rely on their state AGs and regulators when they have complaints.
54 days ago
Cleveland Fed: Median CPI increased 0.3% and Trimmed-mean CPI increased 0.3% in February
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a story from Calculated Risk › Calculated Risk
The Cleveland Fed released the median CPI and the trimmed-mean CPI.
According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.3% in February. The 16% trimmed-mean Co…
According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.3% in February. The 16% trimmed-mean Co…
BLS: CPI Increased 0.2% in February; Core CPI increased 0.2%
found
a story from Calculated Risk › Calculated Risk
From the BLS:
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis in February, after rising 0.5 percent in January, the U.S. Bureau of Labor…
55 days ago
Consumer outlook sinks as recession fears take hold
Consumers are growing increasingly pessimistic about their financial future as a wave of economic uncertainty takes hold.
The US Postal Service helped build the Black middle class. Trump could end that legacy
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a story from The Guardian › International
Trump is expected to privatize the USPS, where Black people make up 29% of the staff, and cut down on the number of jobs
In recent weeks, the fate of the United States Postal Service (USPS), a revered…
Tuesday: Job Openings
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a story from Calculated Risk › Calculated Risk
From Matthew Graham at Mortgage News Daily: Mortgage Rates Recover Some of Last Week's Losses
Bonds are once again paying attention to weakness in stocks--it just happened to take a bigger drop in st…
56 days ago
Consumer credit rose to $5 trillion in January — 'small cracks are starting to emerge,' analyst says
Revolving debt, which mostly includes credit card balances, jumped 8.2% in January, according to the Federal Reserve’s latest consumer credit report.
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