Business & Economy: Economists predict that President Trump's tariffs would only serve to accelerate this trend. The consumer price index rose by the most since August 2023.

US Inflation rises by the most since August 2023

US consumer prices decline, bringing Fed closer to rate cuts

Bleak consumer sentiment in the US meets 4th of July celebrations

Fed rate cuts in sight? Preferred inflation gauge shows price pressures easing

US consumer confidence falls as outlook weakens on economy

The American economy may be nearing a consumer-led recession as spending patterns show worrying signs. Recent data from the US census indicate a 1.3% year-over-year drop in retail sales volume over the past quarter. This follows a 4% decrease in retail sales in q1, suggesting a potential recession.

US consumer spending falls, recession near?

In a landscape fraught with economic uncertainties, the United States stands out as a beacon of stability, showcasing a commendable economic performance that leaves global counterparts in the shadows. As the Eurozone grapples with stagnant growth and the Chinese market experiences a period of volatility, the United States has orchestrated a stable economic narrative, and at the heart of this success lies the poise of its consumers.

How US consumers defied recessionary fears

Consumer confidence in the US hit a five-month low in October as gloomier economic forecasts & rising prices dampened optimism. Data released on Tuesday showed that the conference board's index dropped to 102.6 last month from 104.3 in September.

US consumer confidence drops to a five-month low

U.S. consumer confidence drops more-than-expected in August

US stocks ended sharply lower yesterday, with the Nasdaq dropping more than three percent and the Dow falling for a fifth straight day after U.S. inflation data did little to ease investor worries over the outlook for interest rates and the economy of the largest country in the world.

Nasdaq falls more than 3% as US inflation gives small relief to investors

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