The American Bazaar
Prolonged government shutdown pushes U.S. consumer sentiment to near-historic lows
Consumer confidence in the U.S. has plunged to its weakest point in over three years amid political gridlock and government ...
Dow Jones Industrial Average falls further as consumer sentiment crumbles
The Dow Jones Industrial Average (DJIA) took another leg lower on Friday, testing below the 46,800 level for the first time ...
Is the US consumer going soft?
Among consumer packaged goods companies, Mondelez, Colgate-Palmolive, Heineken, Kraft Heinz, Rémy Cointreau and Newell Brands ...
Global shares down as US government shutdown and AI anxieties take centre stage
A risk-off week in global markets ended with most of the big stock indices falling on Friday as concerns about the US government shutdown and inflated artificial intelligence company valuations came ...
Xinhuanet
U.S. stocks close little changed after weak consumer sentiment data
The preliminary reading of the University of Michigan Consumer Sentiment Index fell to 50.3 in November, the lowest level since June 2022. Its measure of current economic conditions also hit the ...
InvestmentNews
‘Jenga tower’ US economy teeters as middle class pulls back spending
The imbalance between rich households and lower-income earners is taking on new importance as more company executives flag ...
Consumer sentiment drops as Americans worry about shutdown's economic impacts
Overall sentiment notched a 6% decline this month from October, according to the University of Michigan’s preliminary survey ...
UM survey says government shutdown deepened economy worries to lowest point
A new survey by the University of Michigan suggested that Americans may be frightened over economy as the ongoing U.S. government shutdown reverberates with no end in sight.