US consumer sentiment drops, price expectations soar on tariffs
Consumers expect prices to rise at an annual rate of 3.9% over the next five to 10 years, up 0.4 percentage point from the prior month and the highest in more than three decades. They saw costs rising at an annual rate of 4.9% over the next year, up from 4.3% and the highest since 2022.
Chinese e-commerce giant JD.com saw its December-quarter profit nearly triple from a year earlier on the back of increased ...
The University of Michigan’s latest survey, released Friday, showed that US consumer sentiment declined in ... they could modify their spending. But the Fed doesn’t have a nightmare on its ...
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