US consumer confidence drops unexpectedly to near-recession levels ahead of Trump's 2nd term
The Conference Board's Expectations Index dropped to a five-month low in December, nearing a threshold that typically signals a recession ahead.
US Consumer Confidence Drops Ahead of Holidays
U.S consumer confidence dropped in the month of December ahead of the month's holidays, according to data released Monday by the Conference Board. The latest data comes as economists had anticipated a climb from November's consumer confidence of 112.
US Consumer Confidence Falls as Politics Weigh on Outlook
US consumer confidence unexpectedly sank in December for the first time in three months on concerns about the outlook for the economy amid uncertainty around the Trump administration’s policies.
U.S. Consumer Confidence Unexpectedly Deteriorates In December
Consumer confidence in the U.S. has unexpectedly deteriorated in the month of December, according to a report released by the
U.S. Consumers Feel Less Confident as Economy Concerns Mount
Confidence among American consumers dropped unexpectedly in December, with expectations growing bleaker for the economic situation in the new year.
US Consumer Confidence Takes Unexpected Hit In December
US consumer confidence fell unexpectedly in December, according to survey data published Monday, as concerns were raised about the impact of tariffs on the economy before Donald Trump takes office.
December Consumer Confidence Unexpectedly Dives as Outlook Sours
Consumer confidence fell this month as the expectations outlook tumbled, while annual inflation views remained at the lowest level since March 2020, the Conference Board reported Monday. The consumer confidence index dropped 8.
The probability of a US recession in 2025 is 0%, according to a top economist. Here's what to worry about instead.
Perhaps the biggest risk to the stock market in 2025, Torsten Sløk says, is that a rebound in inflation will spark the Fed to ...
cnbctv185h
Will there be a global recession in 2025?
The US economy remains resilient. Goldman Sachs recently lowered the probability of a US recession in the next 12 months to ...
America’s Farm Recession Is Here. One Early Response Is Sending Billions to Farmers.
Reeling from falling crop prices, farmers and agricultural companies have grappled with diminished income and pulled back on ...
Scotland's papers: Recession fears and homeless 'crisis'
University funding fears and Masud blamed for Lockerbie. 1 day ago. Scotland. British Broadcasting Corporation. Home. News ...
How Starmer went from promising an economic boom to flirting with recession
Britain’s economy is smaller than when Labour took power – and standing on the verge of recession, according to updated ...
New Zealand sinks into recession, more rate cuts coming
New Zealand's economy sank into recession in the third quarter as activity dived far more sharply than expected and output in ...
New Zealand Suffers Deeper-Than-Expected Recession; Kiwi Drops
New Zealand’s economy contracted much more than expected in the third quarter and the second quarter was revised lower, ...
Britain on brink of recession after growth revised away
Britain is on the brink of a recession after a revision to official figures showed the economy stagnated in the third quarter ...
There's a sign flashing in the labor market that the US may be slipping into a recession, SocGen says
"Either this time is different, or the US might just be slip-sliding into a profits crushing recession," SocGen's Albert ...
Argentina Exited Recession as Milei Eyes Growth Before Mid-Terms
Argentina emerged from a brutal recession in the third quarter, boosting the odds that President Javier Milei heads into next ...
Could a Potential Tech Job Recession Affect the Price of Your Favorite Gadgets?
For months, economists and financial experts have been warning of a potential recession and they might be right in ...
The Fed avoided a recession in 2024. But it couldn't shake inflation.
Fed Chair Jerome Powell, at his last press conference of the year, sounded very pleased with the way 2024 turned out. "I ...