Latest in Consumer Sentiment Plunges
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Consumer sentiment plunges on worries about tariffs and inflation
Long-term inflation expectations jumped in March, showing intensifying consumer worries about President Trump's trade wars.CBS News - 15h -
Trump tariffs push consumer sentiment to lowest level since 2022
President Trump's escalating trade wars have shaken confidence in the economy among Americans across the political spectrum, according to survey results released Friday. The University of ...The Hill - 17h -
New data shows major drop in U.S. consumer sentiment
A new University of Michigan survey shows consumer sentiment in the U.S. has dropped significantly amid uncertainty about the economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.CBS News - 17h -
U.S. Consumer Sentiment Drops as Inflation Anxiety Soars
A new survey from the University of Michigan shows Americans bracing for economic pain as tariffs and policy uncertainty bite.The New York Times - 18h -
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.CNBC - 16h -
Consumer sentiment sours amid trade war, recession fears: Survey
The Trump administration's tariffs last week set off a market slump.ABC News - 17h -
Consumer sentiment falls to a 29-month low. Uncertainty rises due to tariffs and Trump tumult.
A burst of optimism after Donald Trump won the presidential election has evaporated. Americans worry about rising inflation due to the president’s tariffs, a new survey shows, and they are put off ...MarketWatch - 18h -
Treasury yields rise as expectations for more inflation increase
U.S. Treasury yields rose on Friday as investors awaited consumer sentiment data and were relieved after tame inflation data this week.CNBC - 13h -
Cracks are emerging in the idea of America's economic exceptionalism
The U.S. economy and equity markets may be underperforming this year due to a surge in policy uncertainty, a decline in consumer sentiments, a delay in business investment, and a gradual weakening ...The Hill - 3d -
Stocks plunge, market closes down on recession fears amid escalating tariffs
The major stock indexes plunged on Monday amid fears of a possible recession.ABC News - 4d -
Fetterman: Shutdown would ‘plunge the country into chaos, risk a recession’
Sen. John Fetterman (D-Pa.) said he believes a government shutdown would plunge the United States “into chaos” and risk sending the country into a recession. “Shut the government down, plunge the ...The Hill - 1d -
Tesla shares plunge 15%, steepest drop in five years
Tesla’s selloff on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 15%, their worst day on the market since September 2020.NBC News - 4d -
Dow futures inch higher after recession fears fuel plunge
Dow futures make tepid advance in the wake of a broad market plunge that had the blue-chip index shedding nearly 900 points.CBS News - 3d -
Kering shares plunge 11% after Demna Gvasalia named as Gucci's artistic director
Shares of Kering plunged on Friday after the firm announced that Demna Gvasalia would take the reigns as new artistic director of its ailing Gucci fashion line.CNBC - 16h -
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.CNBC - 3d -
American Eagle says consumer is slowing down, issues weak guidance
American Eagle warned that consumers are slowing down as recession fears swirl.CNBC - 2d -
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.CNBC - 1d -
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
Airline and retail executives are bracing for a slowdown in demand amid concerns tariffs will cut down consumer spending.CNBC - 13h -
Consumer prices fell in China in February and remain flat in a sluggish economy
Consumer prices fell in China in February for the first time in 13 months, as persistent weak demand was compounded by the early timing of the Lunar New Year holidayABC News - 6d -
How consumers can protect their finances as federal safeguards crumble
As the Trump administration looks to neuter the Consumer Financial Protection Bureau, advocates urge borrowers to step up their own defenses around their money.NBC News - 3d -
European stocks steady after US markets plunge
The global sell-off eases in Europe after US shares are hit by President Trump saying the economy is in "transition".BBC News - 3d -
Toast, Shift4 lead drop in fintechs as investors exit stocks tied to consumer spending
Fintech stocks are under pressure as investors worry about companies heavily reliant on consumer spending.CNBC - 1d -
Berlin’s about-turn can get Europe more bang for the buck
Even Germany’s frugal friends are undergoing policy and sentiment shiftsFinancial Times - 6d -
February consumer price index report shows slight inflation improvement
New numbers released today say that inflation has improved slightly, with the February consumer price index report showing a 2.8% rise from year before and price growth climbing 0.2% from January ...NBC News - 2d -
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.CNBC - 4d -
Dow plunges 890 points after Trump declines to rule out recession
The stock market kicked off the week with steep losses Monday after President Trump declined Sunday to rule out the U.S. economy slowing into recession. The Dow Jones Industrial Average closed with ...The Hill - 4d -
U.S. stocks plunge as Americans worry about a recession | Special Report
Stocks in the U.S. cratered as investors fret about a potential recession and the changing tariffs that have evolved into a trade war with several nations. President Trump declined to refute the ...CBS News - 4d -
Latest news on stock markets plunging amid fears of a recession
U.S. stocks plummeted as fear among investors grows over the country's economic future. CBS News' Weijia Jiang reports from the White House, and Kelly O'Grady and Javier David have more on the ...CBS News - 4d -
Tesla shares plunge 15%, suffering steepest drop in five years
Tesla continued its downward slide on Monday, with the stock suffering its most dramatic sell-off since September 2020.CNBC - 4d -
White House defends Trump's tariffs amid plunging stock markets
The White House is defending President Donald Trump's tariffs against the country's top trading partners after the stock market experienced its worst day in 2025 with a sell off that left the Dow ...NBC News - 3d -
Dow plunges nearly 900 points amid recession fears
Fueled by a trade war and recession fears, the stock market suffered its worst day of 2025 on Monday after a massive sell-off with the Dow closing nearly 900 points down. Now, investors are bracing ...NBC News - 3d -
White House: Stock market plunge is not as 'meaningful' as business activity
The Trump administration contends that investments and growth from top businesses means more for the economy than the recent stock market rout.CNBC - 3d -
Kohl's shares plunge 20% as retailer gives rough outlook for the year ahead
Kohl's posted a beat on revenue for the fourth quarter on Tuesday, but issued disappointing guidance for the year ahead.CNBC - 3d -
Jim Cramer: The White House should change its messaging
CNBC's Jim Cramer on Thursday lamented the negative sentiment surrounding the economy, which he thinks the White House is currently projecting.CNBC - 1d -
Stock losses gain momentum as 2025 sell-off rolls on
Markets plunged deeper into the red Tuesday as a major sell-off prompted by fears of a slowing economy rolled on.NBC News - 3d -
China's consumer inflation turns negative for the first time in 13 months
The data comes as investors continue to look for signs that Beijing's stimulus measures can help to boost the country's struggling economic recovery.CNBC - 6d -
China’s consumer prices fall for first time in more than a year
Index declines 0.7% as deflationary pressures continue to weigh on world’s second-largest economyFinancial Times - 6d -
Fintech stocks plummet as Wall Street worries about consumer spending, credit
Fintech stocks were some of the biggest decliners on Monday as the Nasdaq suffered its steepest drop since 2022.CNBC - 4d -
UK retail sales rise ‘modestly’ as consumers remain cautious
Shoppers continued to cut volume of goods they purchased in February, industry data indicatesFinancial Times - 4d -
We're again adding to a restaurant name delivering the value cautious consumers crave
This chain delivers for its customers by serving quality food at a much more affordable price.CNBC - 2d