Why did Moody’s downgrade US credit rating?
How will Charter-Cox merger affect cable industry?
Why is UnitedHealth stock falling sharply?
What impact will Fed’s 10% staff cut have?
How did Trump’s Middle East trip boost investments?
Why is Apple blocking Fortnite in US and EU?
What caused surge in Nvidia and Tesla stocks?
How will Trump’s new tariff rates affect trade?
Why is Novo Nordisk’s CEO stepping down?
Consumer sentiment falls in May as Americans' inflation expectations jump after tariffs
cnbc.com/2025/05/16/consumer-sentiment-may-inflation-expectations-tariffs.html
U.S. consumers are becoming increasingly worried that tariffs will lead to higher inflation, according to a University of Michigan survey released Friday.
The index of consumer sentiment dropped to 50.8, down from 52.2 in April, in the preliminary reading for May. That is the…
This story appeared on cnbc.com, 2025-05-16 14:19:05.