Trump, trade war
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How Klaviyo’s CFO grows the business, rising deficits and tariff talk whipsaw markets, SBA eligibility regulations may impact loans.
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MiBolsilloColombia on MSNGood news for the Trump administration: Consumer optimism rises after economic anxietyU.S. consumer confidence jumped in May, reversing months of decline amid easing economic uncertainty from recent Trump tariff talks.
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Axios on MSNConsumer sentiment jumps after U.S.-China trade truceAmericans upgraded their view on the economy for the first time in five months, helped by the Trump administration's agreement to ease tariffs on China, the Conference Board said on Tuesday. Why it matters: The data shows how closely consumers tie their economic confidence to Trump's trade war,
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The University of Michigan's Consumer Sentiment Index fell again in May after economists expected a modest increase. Consumer sentiment is at its lowest level in nearly three years.
The U.S.-China accord marked the latest softening of Trump’s levies, coming weeks after the White House paused far-reaching "reciprocal tariffs" on dozens of countries. Trump also eased sector-specific tariffs targeting autos, and rolled back duties on some goods from Mexico and Canada.
Sentiment readings dipped from 52.2 in April to 50.8 in May, according to new data from the University of Michigan.
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Korea JoongAng Daily on MSNConsumer sentiment improves in May as uncertainty eases, BOK saysKorea's consumer sentiment rose to a seven-month high in May, led by eased political uncertainty and optimism over a potential tariff deal with the United States, the central bank said Tuesday.
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Stocktwits on MSNMacy’s Q1 Earnings Top Estimates, But Company Cuts 2025 Guidance Over Tariff Concerns, Weaker Consumer SentimentMacy’s Inc. (M) stock fell over 3% at the opening bell on Wednesday as the company slashed its earnings guidance for fiscal year 2025 due to concerns that President Donald Trump’s tariff war could adversely impact its bottom line.
Consumer confidence in the U.K. picked up in May as the outlook for trade improved and data showed the economy grew more than expected at the start of the year, according to a monthly survey.