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A slowdown in tariff-fueled spending may be the next stumbling block for the US economy
US consumers went on a shopping spree earlier in the year to get ahead of tariff-induced price hikes, but that tailwind is ...
WDET 101.9 FM5h
Survey finds consumers sour on the economy, personal incomes amid tariff uncertainty
A new survey by the University of Michigan finds confidence in the U.S. economy is steadily eroding. Researchers say the ...
Due on MSN6h
Consumer sentiment continues to decrease
According recent data from the University of Michigan, American consumers’ perceptions of the economy grew more negative in May. The preliminary reading of the university’s consumer sentiment index ...
ET BrandEquity15h
Target shares fall 7% after co cuts annual forecasts as tariff pressure mounts, demand slows further
Retail: Target slashed its annual sales forecast on Wednesday after posting a sharp fall in quarterly same-store sales. The ...
Indianapolis Business Journal15h
Tariffs, inflation, leery customers hitting retailers in different ways
Retailers are trying to navigate their way through economic uncertainty in 2025. Tariffs, inflation and lingering fears of a ...