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5 mins read
There will be one economy for the vaccinated and another for everyone else
Delta has brought Covid anxiety back in full force, but lockdown isn't as likely as a two-track eco…
Hillary Hoffower
4 mins read
US economy adds 916,000 jobs in March, trouncing economist forecasts as reopening begins
The headline unemployment rate met the median economist forecast, sliding to 6% last month from 6.2…
Ben Winck
2 mins read
US consumer sentiment gauge drops to lowest since August as recovery hopes dim
Households earning less than $75,000 dragged on the metric, as the share of those reporting income …
Ben Winck
4 mins read
4 jarring signals that show the US economic recovery is weakening
Several cities have reinstated lockdown measures to curb the coronavirus's spread. Yet the restrict…
Ben Winck
2 mins read
TikTok's CEO got coached by ex-Obama and Disney advisers for a month before his viral Congress hearing, which saw his followers on the app increase 16,000%
TikTok reportedly hired communications experts to help convince lawmakers that the app is safe from…
Pete Syme
2 mins read
Why consumer sentiment just hit a 10-year low even as stocks, housing prices, and the broader economy are at record highs
"One-in-four consumers cited inflationary reductions in their living standards in November," the Un…
Matthew Fox
2 mins read
10 things before the opening bell
Economic growth isn't in sync with consumer sentiment, Wonderland's DeFi scandal, and stock picks f…
Phil Rosen
2 mins read
US consumer sentiment reverses rebound amid 'widespread resurgence' of coronavirus, new survey says
"Another plunge in confidence and a longer recession is likely" if Congress doesn't soon pass anoth…
Ben Winck
2 mins read
US consumer sentiment hit a 6-month high in September, beating economist forecasts
The University of Michigan's consumer sentiment index rose to 78.9 in September from 74.1, with imp…
Ben Winck
2 mins read
US consumer confidence rose in May, boosted by coronavirus relief efforts
Concerns about social isolation jumped to 21% in April from 14% in May. It's now cited as the top c…
Carmen Reinicke
2 mins read
US consumer sentiment plunged the most on record in early April as coronavirus froze the economy
The slide was led by the current conditions index, which plummeted by 31.3 points, nearly double th…
Carmen Reinicke
2 mins read
Inflation and increased trust in the GOP to handle the economy are becoming real problems for Democrats
A recent NBC/Marist poll found voters favor the GOP to handle the economy by 18 percentage points, …
Jake Lahut,Ben Winck
2 mins read
US consumer sentiment jumps the most since 2016 on renewed hiring efforts
"The turnaround is largely due to renewed gains in employment," said Surveys of Consumers chief eco…
Carmen Reinicke
2 mins read
US consumer sentiment hits highest level since July as rate cuts boost optimism
The November growth was primarily driven by an increasingly optimistic spending outlook among Ameri…
Ben Winck
2 mins read
Mounting recession fears have pushed consumer sentiment to the 2nd-lowest level of Trump's presidency
"The main takeaway for consumers from the first cut in interest rates in a decade was to increase a…
Gina Heeb
2 mins read
Trade-war fears trigger the biggest decline in US consumer confidence in 6 years
The trade war continued through the month after President Trump announced August 1 the US would imp…
Ben Winck
3 mins read
10 things before the opening bell
Consumer sentiment is down big, Rivian continues to rally, and Michael Burry takes three new stock …
Phil Rosen
1 min read
American optimism toward economy surges to 9-month high as job market hums
The gains came even as the Senate began an impeachment trial against Trump on national television. …
Gina Heeb
2 mins read
Americans are increasingly worried that Trump's trade wars will damage the economy and eliminate jobs
A closely-watched gauge of consumer sentiment fell to 97.9 at the beginning of the month from 100 i…
Gina Heeb
2 mins read
Here's how Trump's trade war is threatening the backbone of the US economy
"Trade policies have had the greatest negative impact on consumers, with a near record one-third of…