May 28th, 2025
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In May, people in the US felt more positive about the economy, after five months of feeling less positive, according to the Conference Board. The index went up to 98 from 85.7 in April, which was the lowest point since the pandemic began. This change seems to be because people are less worried about the effects of President Trump's tariffs. However, people's hopes for their income, businesses, and jobs in the near future are still low. This could mean that a recession is coming. The Labor Department reported that 177,000 new jobs were created in April, which helped people feel better. But, worries about tariffs and rising prices were still strong in the survey. Despite these worries, some people said they plan to spend more money on homes, cars, and holidays.
May 28th, 2025
US and Europe Trade Problems: What Trump Wants and What Europe Can Do
US and Europe Trade Problems: What Trump Wants and What Europe Can Do
Salesforce to Buy Informatica for Around $8 Billion
Salesforce to Buy Informatica for Around $8 Billion
Companies in Europe Reduce Spending and Investment in China
Companies in Europe Reduce Spending and Investment in China
Walmart: Prices Going Up Because of Tariffs
Walmart: Prices Going Up Because of Tariffs
Starbucks Workers Strike Over New Uniform Rules
Starbucks Workers Strike Over New Uniform Rules
Japan's Economy Gets Smaller: Trade Problems Hurt Sales and Worry People
Japan's Economy Gets Smaller: Trade Problems Hurt Sales and Worry People
Asia Stock Markets Don't All Rise After China-US Trade Talk
Asia Stock Markets Don't All Rise After China-US Trade Talk
Wall Street Goes Up and Down After Fed Warning
Wall Street Goes Up and Down After Fed Warning
Trump's Trade Talk Makes Tariffs More Confusing
Trump's Trade Talk Makes Tariffs More Confusing
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