Consumer Sentiment Climbs
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U.S. consumer sentiment sours in May
The University of Michigan’s gauge of consumer sentiment fell to 67.4 in a preliminary May reading, down from 77.2 in the prior month.MarketWatch - Business -
Consumer sentiment tumbles as inflation fears surge
The University of Michigan Survey of Consumers posted a reading of 67.4 for May, down from 77.2 in April.CNBC - Business -
US consumer sentiment drops to 6-month low on inflation, unemployment fears
Consumer sentiment fell sharply in May to the lowest level in six months as Americans cited concerns about stubbornly high inflation and interest rates and fears that unemployment could riseABC News - Top stories -
Inflation Takes a Bite Out of Consumer Sentiment, Which Has Hit Its Lowest Level in Six Months
What preliminary results from the University of Michigan's monthly survey mean for entrepreneurs.Inc. - Business -
The Number of B Corps in the U.S. Keeps Climbing. Here's Why
Consumers care about certifications that signal good environmental or social business practices, making B Corp status a net positive.Inc. - Business -
Readers’ favourite trips in Germany: ‘We wandered every cobbled street and climbed every gothic tower’
From the Baltic to Bavaria, via Berlin, our tipsters enjoy epic scenery and architecture, culture and steins of fabulous German beer. Lübeck – Queen of the Hanseatic League – has a fading charm and vulnerability absent from the likes of Berlin, ...The Guardian - World -
Mortgage rates inch down but stay over 7%, with home-buying sentiment at a record low
The 30-year mortgage rate is averaging 7.09% Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Business - Mortgage -
The Dow climbed 0.9% to log its seventh straight gain, its longest winning streak of the year. The S&P 500 and Nasdaq increased 0.5% and 0.3%, respectively.
The Dow climbed 0.9% to log its seventh straight gain, its longest winning streak of the year. The S&P 500 and Nasdaq increased 0.5% and 0.3%, respectively.The Wall Street Journal - World -
Why Companies Are Nervous About the Consumer
On earnings calls, dozens of corporate executives have cited a slowdown in spending to explain why sales are slipping.The New York Times - Business -
China Disinflationary Headwinds Continue as Consumers Hold Back
Spending on travel and cars remains subdued as factory-gate prices fell for 19th straight month.The Wall Street Journal - World - China -
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Stock-market investors fear a consumer slowdown. Keep an eye on gasoline demand.
Investors are monitoring gasoline demand as they fret about the toll inflation is taking on consumers.MarketWatch - Business -
Globalization has been terrible for consumers, says ad legend Maurice Saatchi
The man behind many memorable ad campaigns has written a new book, ‘Orgasm,’ that aims to challenge some widely held political, societal and financial beliefsMarketWatch - Business -
Senate passes sweeping FAA bill focused on safety and consumer protections
The Senate late on Thursday overwhelmingly passed a broad aviation bill to boost air traffic controller staffing, increase funding to avert runway close-call incidents and speed refunds for canceled flights.NBC News - Top stories -
We're trimming this consumer goods stock that's been on a run over the past month
In keeping with our discipline when the S&P Oscillator is overbought, we're raising some cash this morning.CNBC - Business