Wholesale prices dropped in March—surprising economists who expected an increase—with the Producer Price Index falling 0.4%.
Read More Prices Cool, But Consumer Confidence Takes A Hit
Tag: consumer confidence
Nasdaq falls over 3% to six-month low on growth concerns
The tech-heavy Nasdaq led a selloff among Wall Street’s main indexes, falling over 3% to a near six-month low, on fears that a tariff war could spark an economic slowdown.
Read More Nasdaq falls over 3% to six-month low on growth concerns
US consumer spending declines; annual inflation subsides
Consumer spending unexpectedly fell in January while the annual increase in inflation slowed, supporting financial market expectations that the Federal Reserve would resume cutting interest rates in June.
Read More US consumer spending declines; annual inflation subsides
Biden’s Inflation Blues: More Than Just Pocket Change
By Tim Doescher
May 15, 2024
(Views expressed by guest commentators may not reflect the views of OAN or its affiliates.)
Read More Biden’s Inflation Blues: More Than Just Pocket Change
Economic Rollercoaster: Consumer Confidence Surges, Yet Challenges Persist In Biden Era
President Biden announced the U.S. will respond to an Iran-backed drone strike in Jordan that killed three U.S. service members.
Read More Economic Rollercoaster: Consumer Confidence Surges, Yet Challenges Persist In Biden Era
Wall Street tumbles to sharply lower close as abrupt sell-off snaps rally
U.S. stocks closed lower on Wednesday after an abrupt mid-afternoon nosedive ended Wall Street’s impressive rally.
Read More Wall Street tumbles to sharply lower close as abrupt sell-off snaps rally