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Tag: U.S. consumer confidence

Expert: To stop inflation, the Fed would need to hike rates to nearly 6%

Wednesday, January 19, 2022 3:55 pm10 Comments

Higher interest rates are coming soon from a Federal Reserve behind the curve on inflation. If the Fed really wanted to stop inflation, it…

U.S. inflation surges 7% in December, highest rate in 40 years

Wednesday, January 12, 2022 12:15 pmWednesday, January 12, 202212 Comments

U.S. inflation rose at the fastest pace in nearly four decades in December, at a level not seen since since 1982, before President Reagan…

Wall Street tumbles as investors eye hot inflation data

Tuesday, December 14, 2021 3:30 pm14 Comments

Wall Street tumbled as the S&P 500 and the Nasdaq each fell more than 1% on Tuesday after hot inflation data showed…

U.S. inflation surges to 39-year high as consumer prices continue to soar

Friday, December 10, 2021 8:54 am34 Comments

Consumer prices surged at the fastest pace in nearly four decades in November as Americans paid more for practically everything from…

Wall Street extends sell-off on fears of long-term high inflation

Wednesday, November 10, 2021 2:20 pm20 Comments

Wall Street’s main indexes fell on Wednesday as a surge in U.S. consumer prices last month deepened fears that high inflation is here to stay…

U.S. producer price inflation jumps 8.6% YOY in October, matching the largest increase on record

Tuesday, November 9, 2021 9:38 amTuesday, November 9, 202116 Comments

Inflation at the wholesale level jumped 8.6% in October from a year earlier, matching September’s record YOY gain. U.S. inflationary pressure…

U.S. economy falters as GDP slows sharply in Q3, missing expectations; consumers downshift spending

Thursday, October 28, 2021 2:02 pmThursday, October 28, 202111 Comments

U.S. gross domestic product (GDP) growth sharply decelerated to an 2% annualized rate in the third quarter, down from a 6.7% rate in the…

Stocks tumble on weak U.S. consumer confidence

Tuesday, September 28, 2021 2:35 pm20 Comments

U.S. consumer confidence this month unexpectedly fell to its lowest since February, intensifying concerns about the economy’s prospects…

U.S. consumers suffered a ‘stunning loss of confidence’ in early August

Friday, August 13, 2021 11:26 am23 Comments

The University of Michigan’s gauge of U.S. consumer confidence plunged to a “stunning loss of confidence” with a preliminary August…

S&P 500, Nasdaq hit new all-time highs

Wednesday, February 19, 2020 1:24 pm25 Comments

The S&P 500 and the Nasdaq hit all-time highs on Wednesday on confidence in the U.S. economy and hopes that China would take more measures…

U.S. consumer confidence jumps, stocks rise

Tuesday, January 28, 2020 10:50 am1 Comment

The Conference Board’s consumer confidence index jumped to 131.6 this month from 126.5 in December. U.S. stocks ticked higher following the data’s release…

U.S. consumer confidence surges to 18-year high

Tuesday, October 30, 2018 3:48 pm67 Comments

The unemployment rate is 3.7%, the lowest level since 1969…

U.S. worker pay rate hits highest level since 2008

Tuesday, July 31, 2018 4:21 pm74 Comments

Compensation for workers rose to a nearly 10-year high in the second quarter as inflation pressures continued…

U.S. consumer confidence hits 17-year high

Tuesday, February 27, 2018 1:02 pm19 Comments

U.S. consumer confidence jumped to a 17-year high as optimism about employment prospects…

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