WASHINGTON (Reuters) - U.S. consumer sentiment plunged in March and inflation expectations soared amid worries that President Donald Trump's sweeping tariffs, which have ignited a trade war, would boost prices and undercut the economy. The University of Michigan Surveys of Consumers on Friday said its Consumer Sentiment Index dropped to 57.9 this month from a final reading of 64.7 in...

WASHINGTON (Reuters) - U.S. consumer sentiment plunged in March and inflation expectations soared amid worries that President Donald Trump's sweeping tariffs, which have ignited a trade war, would boost prices and undercut the economy. The University of Michigan Surveys of Consumers on Friday said its Consumer Sentiment Index dropped to 57.9 this month from a final reading of 64.7 in...

Consumer confidence in the U.S. plunged to its lowest level in four months, raising concerns about a slowing economy and persistent inflation, according to data released Friday by the University of Michigan. With inflation expectations jumping to their highest level in decades, fears of a stagflationary environment—where growth stagnates while inflation remains elevated—are mounting. The University of Michigan said its...

01:16 PM EDT, 03/14/2025 (MT Newswires) -- US home prices in February recorded their slowest annual gains in six months as homebuyer demand cooled, Redfin (RDFN) said Friday. Home prices rose 3.2% year over year to $425,421 in February, the slowest pace in six months, the real estate brokerage said. Sequentially, prices edged 1.8% higher. Prices in Milwaukee rose a...