Why did Moody’s downgrade US credit rating?
How will Regeneron’s 23andMe acquisition impact biotech?
What caused global stocks to slide today?
Why is Walmart warning about price increases?
How are Trump tariffs affecting US businesses?
What’s behind Nvidia’s AI supercomputer plans?
Why did Capital One acquire Discover?
How is Biden’s cancer diagnosis affecting markets?
What triggered Spain’s Airbnb listing blocks?
Trade tensions drive consumers to cut back. 'Something has to give,' analyst says
cnbc.com/2025/05/19/trade-tensions-spur-consumers-to-spend-less-on-discretionary-purchases.html
After a bout of panic buying, more consumers are prepared to rein in their spending and live with less, recent studies show. Even President Donald Trump suggested that Americans should be comfortable with fewer things.
"[Americans] don't need to have 250 pencils," Trump said on NBC News'…
This story appeared on cnbc.com, 2025-05-19 11:00:01.