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Despite the V-shaped recovery, U.S. stocks still lag behind the rest of the world in 2025
Stocks from across the world soared so far this year, while U.S. equities finally reversed the downturn from Trump’s tariffs.
Consumer Sentiment Falls to Second-Lowest Reading on Record. What It Means for Recession.
Expectations that inflation will rise increased sharply. All Americans appear worried about higher prices from tariffs.
Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation
Nvidia said it won’t be sending graphics processing unit plans to China following a report that the artificial intelligence chipmaker is working on a research and development center in Shanghai in
Consumer sentiment falls for 5th straight month in May as inflation worries grow
The University of Michigan’s popular gauge of U.S. consumer sentiment edged down to 50.8 in a preliminary May reading from 52.2 in the prior month. This is the index’s fifth straight monthly drop.
Tariff Deals Aren’t Easing Consumer Concerns Yet
Key Takeaways The Michigan Consumer Sentiment Survey showed a surprising decline in May as tariff-related worries continued to sour public opinion around the economy.The latest survey provided
Ohio’s unemployment numbers rise again in April
CLEVELAND, Ohio – Ohio’s unemployment rate rose again in April, reaching 4.9%, continuing an upward trend since December. The unemployment rate, up from 4.8% in March, represents the percentage of
How shoppers might want to calculate the cost of higher tariffs
The recent de-escalation with China to lower tariffs for 90 days is welcome news, according to KPMG outlook. But higher prices remain a real threat.
US stocks rise. S&P 500 on pace for fifth straight win despite gloomier sentiment data
U.S. stocks rise, shrugging off data showing consumer have grown gloomier. The S&P 500 is on track for its fifth straight day of gains.
These 4 forces are driving stocks toward a 5-day winning streak this week
The S&P 500 erased its losses for the year this week, boosted by a slew of bullish factors including cooling inflation and progress on US-China trade.
Why Americans need way more SALT in their public-policy diet
When it comes to the new federal budget, I don’t want a SALT deduction. I want a SALT exclusion. I want a dollar-for-dollar reduction in my federal taxes for everything I pay in state and local taxes.
There's a big disconnect between US economic vibes and what the data actually says
The US economy is holding up, as indicated by "hard data" measures like inflation and GDP growth. But Americans don't seem to feel that way.
US consumer sentiment slides to 3-year lows as trade war raises inflation anxiety
U.S. consumer sentiment fell slightly in May for the fifth straight month, surprising economists, as Americans increasingly worry that President Donald Trump’s trade war will worsen inflation. The
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