The Conference Board index fell more than expected in April, slumping to its lowest level in nearly two years as inflation continues to dent expectations.
Consumer card spending slowed to 1.6 per cent growth in April, down from 1.9 per cent in both March and February, and below the latest CPIH inflation rate.
A number of surveys have said that business confidence in the UK is on the up and the economy is set to rebound. But dig a little deeper, the news might not quite be as rosy as it sounds, Chris Dorrell writes
The Conference Board said that its consumer confidence index fell to 97.0 this month, the lowest level since July 2022, from a downwardly revised 103.1 in March. "Confidence retreated further in April as consumers became less positive about the current labor market situation, and more concerned about future business conditions, job availability, and income," said Dana Peterson, chief economist at the Conference Board in Washington.
/PRNewswire/ -- The Conference Board Consumer Confidence Index® deteriorated for the third consecutive month in April, retreating to 97.0 (1985=100) from a
CHICAGO -- Despite being more than three years removed from his last season with the Cubs, Yu Darvish entered Monday with just one start at his former ballpark since he was traded to the Padres in December 2020. But fans on the North Side haven’t forgotten about their former ace.
ALBUQUERQUE, N.M. (KRQE) – Albuquerque's very own Jeopardy! contestant has won for the second night in a row. Weckiai Rannila was crowned champion on Wednesday's broadcast, snapping the previous winner's five-show streak. On Thursday, she won again, securing $18,000, beating another competitor by just $2. You can continue to watch Rannila compete on Jeopardy! on Friday []
A former Boeing employee who called out the aircraft manufacturer for safety issues has died, less than three months after the suicide of another whistleblower. Joshua Dean, 45, died after a brief illness of the flu, pneumonia and MRSA. He had worked as an auditor for a company that supplied Boeing with parts for the 737 MAX planes and alleges managers failed to act after he notified them of defects. His attorney also represented another whistleblower who committed suicide about three months...
UK consumer confidence improved by two points in April, after laying stagnant in March.
Wheeler (2-3) earned the win Thursday against the Reds, allowing one hit
As consumers continue to feel economic pressures constrain their budgets, ThredUp sees shoppers pull back on buying clothes — even lower-cost secondhand ones. On a call with analysts discussing its first-quarter 2024 earnings results, the resale platform observed that shoppers have been spending more conservatively. CEO James Reinhart noted that while these financial challenges have consumers turning toward more budget-friendly buying […]
Crypto venture fundraising reached $1.02 billion in April, compared to $10.9 billion in March. RootData’s website shows total funding rounds by VCs hit 161 in April, slightly down from 186 the previous month. Venture capital funding across the cryptocurrency space surpassed the $1 billion mark in April, a feat that means the industry has now […]