Consumer Sentiment Falls to Near-Record Lows
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The tech-heavy Nasdaq dropped 1.2% Friday, poised for a 4.5% weekly loss – its worst drop since President Trump’s April tariffs launched a massive sell-off.
Consumer confidence weakened slightly in October as Americans remain anxious about their future financial prospects
Stanley Black & Decker reported lower third-quarter profit and cut its full-year outlook as tariffs and weak consumer spending on do-it-yourself projects weighed on the company’s business.
BofA said that households facing higher utility bills as a result of the AI data center boom could pull back on spending to offset costs.
ROME (Reuters) -Italian business and consumer sentiment rose in October, data showed on Tuesday, beating analysts' forecasts in a boost for the euro zone's third-largest economy. National statistics institute ISTAT's composite business morale index,
ROME (Reuters) -Italian business and consumer sentiment rose in October, data showed on Tuesday, beating analysts' forecasts in a boost for the euro zone's third largest economy.