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Inflation fears reach highest level in 2 years: survey

Consumer sentiment jumped in March as concerns about rising prices and slowing economic performance are home to US households. Sentiment fell in the third month, a 12% drop from reading in February at the University of Michigan. Benchmark survey. Emotions were 28% lower than last March. Consumer inflation expectations for the next year have risen […]

Consumers’ short-term expectations fall to lowest level in 12 years

Kraman Countdown panelists Kevin Mahn and Keith Fitz Gerald predict the future of interest rate cuts and discuss consumer stable stocks. Consumer confidence continued to decline in March, with a new report showing one measure of short-term expectations from consumers at their lowest levels in 12 years. The Conference Committee's expectations index, which measures the […]

Buttigieg assails leak as 'highest level of f—up imaginable'

Former Transport Secretary Pete Battigigue (d) has accused Trump administration officials who reportedly discussed plans for an attack on Yemeni Hooty rebels in a text chain that inadvertently includes Atlantic editor-in-chief Jeffrey Goldberg. “From an operational security perspective, this is the highest level of f—imaginable,” Buttigieg wrote in X's post. Report in the Atlantic Ocean […]

Trump tariffs push consumer sentiment to lowest level since 2022

President Trump's escalating trade war has shaking economic confidence among Americans across the political spectrum. Survey results Released on Friday. Preliminary results show that the University of Michigan's Consumer Sentiment Index plummeted from 10.5% to 57.9. This was the lowest level in the index since November 2022, falling to 56.7 amid steep inflation and aggressive […]

Canada will level $20B in tariffs in response to Trump moves on steel, aluminum

Canada is expected to impose $20.7 billion in retaliatory tariffs after President Trump decided to enforce 25% tariffs on steel and aluminum, which came into effect Wednesday. Associated Press A senior Canadian government official said he spoke about the anonymity status and confirmed the move on Wednesday as he was not permitted to speak before […]

Late car payments rise to highest level in over 30 years

Jeff Flock of Fox Business has revealed that insurance prices are rising sharply year-on-year, so he reports on the latest news that emerged from the automotive industry. Missing American car owners with car loan payments rose to their highest level in 30 years earlier this year. According to Fitch Ratings, the percentage of borrowers with […]

Trump Bringing Civility in Politics Down, Democrats Matching His Level

Sen. Andy Kim (D-NJ) said Sunday on CNN's “coalition status” that President Donald Trump is responsible for overcoming political courtesy. Anchor Jake Tapper said, “Let's talk about the president's speech to Congress on Tuesday night, and more specifically, the reaction of some Democrats. House Democrats protested the joint address, they wore matching colours and held […]