Browsing: university of michigan

US consumer sentiment fell to a record low in May as inflation worries, gasoline costs and household price pressures intensified.

WASHINGTON: Many U.S. households continue to face pressure from grocery, housing and utility bills even after inflation cooled, leaving a gap between improving…

Wall Street plunged Friday, with the Dow falling 590 points, as hotter-than-expected inflation data and Trump’s sweeping auto tariffs rattled investors and markets.