Category Archives: 24/7 Newsroom News

Consumer Confidence Slumps to Lowest Level Since the US Rolled Out Tariffs in April

Consumer Confidence Slumps to Lowest Level Since the US Rolled Out Tariffs in April

WASHINGTON (AP) — U.S. consumers were less confident in the economy in December as Americans remain anxious about still-high prices and the impact of President Donald Trump’s sweeping tariffs. The Conference Board said Tuesday that its consumer confidence index fell 3.8 points to 89.1 in December from November’s upwardly revised reading of 92.9. That reading…MORE

Cautious Shoppers Step Up Spending to Start Holiday Season

Cautious Shoppers Step Up Spending to Start Holiday Season

NEW YORK (AP) — Consumers stepped up gift giving during the first seven weeks of the holiday shopping season, yet uncertainty about the economy is making them more targeted in their buying. From Nov. 1 through Sunday, cash and credit card sales rose 4.2%, which is less than the 4.8% increase during the same period…MORE

US Says Talks With Ukraine, Europe on Ending War With Russia ‘Constructive’

US Says Talks With Ukraine, Europe on Ending War With Russia ‘Constructive’

A White House envoy says he held “productive and constructive” talks in Florida with Ukrainian and European representatives to end the nearly four-year war between Russia and Ukraine. Steve Witkoff says Sunday the talks aimed at aligning a shared strategic approach between the United States, Ukraine and Europe. A Kremlin envoy says talks are proceeding…MORE