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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 - 22h

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 - 23h

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 - 3h

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

A 10% drop for stocks is scary, but isn't that rare

The U.S. stock market has just dropped 10% from its high set last month, hurt by worries about the economy and a global trade war

ABC News - 1d

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

U.S. consumers are starting to crack as tariffs add to inflation, recession concerns

It’s not just Walmart.

NBC News - 21h

2-year Treasury note yield bounces from October low as investors await U.S. inflation report

U.S. Treasury yields rose on Tuesday as investors looked ahead to the latest consumer price index reading.

CNBC - 3d

Is the new inflation data a good sign for the U.S. economy?

New Consumer Price Index data showed inflation slowed in February, which may be a good sign for the U.S. economy for now. CBS MoneyWatch correspondent Kelly O'Grady reports.

CBS News - 2d

Guinness sees a resurgence as more Americans consume the Irish stout

Guinness is experiencing a surge in popularity across the U.S., with more Americans embracing the iconic Irish stout just in time for St. Patrick's Day celebrations.

CBS News - 22h

Is the U.S. heading for a recession? Here's what economists say.

Consumers, businesses and investors are increasingly jittery about the risks of a protracted slump. So what exactly is a recession?

CBS News - 2d

U.S. makes concession, dropping additional 25 percent tariff on steel & aluminum: Ontario premier

Ontario Premier Doug Ford joins Meet the Press NOW to discuss his decisions to lift the 25% surcharge on electricity exports after speaking with Commerce Secretary Howard Lutnick. It comes after ...

NBC News - 3d

U.S. stocks fall as recession fears grow

The Dow Jones shed nearly 900 points on Monday as tariffs, mounting federal layoffs and consumer confidence started to weigh on the economy. Adding to the chaos is the potential for another ...

CBS News - 4d

Sales of US goods 'rapidly dropping' at Canadian grocery stores

Canadians are buying fewer products made in the U.S. in an effort to brace for the impact of President Trump’s sweeping tariffs, which are set to cause prices to skyrocket across a range of ...

The Hill - 1d

Delta Air Lines slashes earnings outlook on weaker U.S. demand, sending shares lower

Delta Air Lines cut its first-quarter revenue and profit forecasts, citing weaker consumer and corporate travel demand.

CNBC - 4d

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 - 4d

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 - 20h

Inflation Data Test May Rock Unsteady Stock Market

The U.S. consumer price index report could generate concerns if inflation is still simmering.

Inc. - 5d

What alcohol would cost more under 200% Trump tariff?

Experts say President Donald Trump's proposed tariff on European Union alcohol would be disruptive to the U.S. market and consumers.

The Hill - 1d

American Eagle says consumer is slowing down, issues weak guidance

American Eagle warned that consumers are slowing down as recession fears swirl.

CNBC - 2d

Here's why banks don't want the CFPB to disappear

For years, American financial companies have fought the Consumer Financial Protection Bureau — the chief U.S. consumer finance watchdog — in the courts and media, portraying the agency as ...

NBC News - 4d

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

2-year Treasury yield ends at lowest level in 6 months on recession talk

Bond yields dropped sharply on Monday after President Donald Trump over the weekend shrugged off the possibility that his policies would cause a U.S. recession.

MarketWatch - 4d

This American winemaker doesn’t like Trump’s tariffs — but its stock is climbing

Willamette Valley Vineyards founder Jim Bernau said uncertainty caused by Trump’s tariffs is making consumers spend less and has destabilized the U.S. wine industry.

MarketWatch - 1d

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 - 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 - 22h

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 holiday

ABC 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

Why a gold investment makes sense (even with inflation dropping)

Inflation dropped in February, according to a new report. Here's why a gold investment could be worth it anyway.

CBS News - 2d

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 - 22h

Trump administration moves to drop Idaho emergency abortion case with national implications

The Trump administration is dropping an emergency abortion case in Idaho in one of the administration’s first moves on the issue since President Donald Trump's second term began

ABC News - Mar. 5

Woman drops lawsuit accusing boxing champion Mike Tyson of 1991 rape

A woman who accused Mike Tyson of raping her in a limousine in 1991 is dropping her lawsuit against the former heavyweight boxing champion

ABC News - 3d

Fantasy Basketball: Paul George leads list of players to drop ahead of the playoffs

The fantasy hoops playoffs start next week. Tough decisions might need to be made to keep advancing, including dropping some notable players.

Yahoo Sports - 1d

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 - 3d

Airline stocks fall as possible economic 'soft patch' raises demand concerns

U.S. airline stocks tumbled Tuesday to their lowest levels since late last year after data showed some economic concerns, hitting what had been a bright spot for consumer spending.

NBC News - 4d

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

Why record-high egg prices won’t go down anytime soon — and it’s not just due to bird flu

A lot goes into the production of eggs — and with the Trump administration’s tariff policies potentially affecting costs for chicken feed and equipment, bird flu isn’t the only reason U.S. ...

MarketWatch - 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 - 5d

Trump administration to drop case against plant polluting Louisiana’s ‘Cancer Alley’

Biden-era suit sought to curb emissions of the carcinogen chloroprene at Denka plant formerly owned by DuPont. The Donald Trump administration has formally agreed to drop a landmark environmental ...

The Guardian - Mar. 8

California's wine supply drops 24% in lowest haul in 30 years

California's wine supply has dropped 24% compared to the year before, according to a new report. It's the lowest haul in nearly 30 years. Elizabeth Cook joins to discuss.

CBS News - 4d

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