News

US consumer confidence plummets to Covid-era low as trade war stokes anxiety
Americans’ confidence in the economy slumped for the fifth straight month to the lowest level since the onset of COIVD-19.
Consumer confidence sinks to lowest level since May 2020
Americans continue to grow uneasy about the economy as President Donald Trump wages an erratic trade war that could send US inflation rising and even trigger a recession.
A record number of Americans are only making their minimum credit card payment
Over 11% of Americans with accounts at the country’s largest banks only made the minimum payment on their credit card bill in ...
A tale of 2 consumers: High earners doing fine while lower-income households 'under some pressure'
Despite stock market volatility and tariff uncertainty, the US consumer is still spending. But earnings commentary and Wall Street data point to increasing cautiousness, especially for lower-income ...
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‘Extraordinarily unsettling’: Consumer confidence drops amid worries over world economy
All five measures making up GfK’s Consumer Confidence Index have declined in April, putting the overall score at its lowest ...
Trump's tariff policy has raised fears of a recession. Here are the economic warning signs
Trump's tariff policy could push the nation into a recession, with rising unemployment, bankruptcies and more. These warning ...
Will there be a recession in 2025? Forecasters are split - see reasons why.
As Trump's tariff war rages, some experts cite solid economy to argue a recession will be dodged. Others say weak sentiment ...
Eurozone economic sentiment drops in April on trade tensions
The tariff blast since Donald Trump’s ‘Liberation Day’ has completely wiped out the tentative return of optimism in the ...