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Consumer confidence drops on worries about US economic outlook

U.S. consumer confidence fell in June amid concerns about the economic outlook, but households remain Optimistic about the labor market It expects inflation to ease over the next year. A mixed survey released Tuesday by the Conference Board also showed that consumers’ perceived likelihood of a recession over the next 12 months fell this month […]

Military officials’ worries about ‘optics’ are to blame for National Guard delay Jan. 6, top Republican says

The top Republican investigating the Jan. 6 House select committee’s actions believes military officials defied former President Trump and delayed deploying the National Guard to the Capitol that day. Rep. Barry Loudermilk (R-Ga.) is chairman of the House Administration Subcommittee on Oversight, a role in which he led a months-long investigation into the now-defunct committee […]

Gov. Hochul shelved congestion toll over subway-crime worries: David Paterson

Gov. Kathy Hawkle eliminated congestion pricing to get into Midtown because she believes too many people are afraid to ride the subway and so drive instead, former Gov. David Paterson said Sunday. “In a private conversation with me, she said she was thinking about people who are afraid to take the subway and drive their […]

Dow slides as interest-rate worries keep investors on edge

Stocks tumbled on Wednesday on concerns about a further rise in Treasury yields and the timing and size of a possible interest rate cut by the Federal Reserve. The Dow Jones Industrial Average fell 411.32 points, or 1.1%, to 38,441.54, its lowest level in about a month. The S&P 500 and Nasdaq lost 0.6%.Benchmark 10-year […]

GOP worries its problems will outlive Greene’s ineffective motion

Rep. Marjorie Taylor Greene’s (R-Ga.) ineffectual effort to oust House Speaker Mike Johnson (R-Louisiana) was a big climax, but the House rejects her motion. It could have had a much longer impact than the 35 minutes it took. Leave it empty. The key ramifications are how Mr. Johnson, with Democratic support, will be able to […]

Social Security, retirement crisis worries 'peak boomers' – Business Insider

downward angle icon An icon in the shape of a downward facing corner. David Kirsch, 64 (not pictured), worries that his Social Security and 401(k) won’t be enough for his retirement. Westend61/Getty Images David Kirsch, 64, worries he won’t have enough money to retire comfortably in a few years. He is one of the 30 […]