Bidenflation's Resurgence Sends Consumer Sentiment Tumbling
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US consumer sentiment slips in April; inflation expectations rise
U.S. consumer sentiment ebbed in April while inflation expectations for the next 12 months and beyond increased, a survey showed on Friday. The University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 77.9 this month, compared to a final reading of 79.4 in March. Since January, the sentiment index has remained within a very narrow 2.5 point range, well under the 5 points which the University of Michigan said was necessary for a statistically...
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Will High-Profile Malfunctions Shake Consumer Confidence in Airlines?
Travel Reporter for the Washington Post Natalie Compton joins Ramblin Ray and Jane Clauss on the Steve Cochran Show to discuss how some travelers were able to breach TSA measures at airports, why passengers are anxious about flying Boeing planes, and the possible furlough of over 200 Spirit Airlines pilots.
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Dow closes 400 points lower Wednesday as hot consumer inflation report incites selloff
Stocks tanked on Wednesday after March inflation data came in hotter than expected, likely pushing off interest rate cuts by the Federal Reserve that investors have been anticipating. Investor sentiment was further dampened following the release of March’s Fed meeting minutes, which reflected officials’ concerns that inflation isn’t moving quickly enough toward the central bank’s 2% target. The Dow […]