In April, consumer confidence fell to an unprecedented low, driven by escalating concerns regarding rising energy prices and the wider implications of the Iran war, as reported. The university’s headline index of consumer sentiment fell to 47.6, a decline of 10.7% from the March survey, marking its lowest point on record. Both the current conditions Read More
The Commerce Department reported that economic growth in the final quarter of 2025 was significantly below expectations, while core inflation experienced an uptick at the beginning of 2026. Gross domestic product, which quantifies the total output of goods and services within the extensive U.S. economy, experienced a seasonally and inflation-adjusted annual growth rate of merely Read More
On Friday, stocks experienced a significant decline following Israel’s initiation of a series of airstrikes on Iran. This development led to an increase in energy prices, further complicating an already tense geopolitical landscape. The Dow Jones Industrial Average experienced a decline of 769.83 points, translating to a decrease of 1.79%, concluding at 42,197.79. The S&P 500 Read More
