Homeland Security sign for REAL ID at entrance to passenger TSA security area, West Palm Beach, Florida. Lindsey Nicholson | UCG | Universal Images Group | Getty Images Travelers take note: The federal government says it will start enforcing Real ID requirements at U.S. airports starting May 7 —...
Consumer sentiment tumbles in April as inflation fears spike, University of Michigan survey shows
Consumer sentiment grew even worse than expected in April as the expected inflation level hit its highest since 1981, a closely watched University of Michigan survey showed Friday. The survey's mid-month reading on consumer sentiment fell to 50.8, down from 57.0 in March and below the Dow Jones consensus estimate...
Jamie Dimon says he expects S&P 500 earnings estimates to fall as companies pull guidance
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, D.C. Evelyn Hockstein | Reuters JPMorgan Chase CEO Jamie Dimon said Friday that he expects estimates for...
Wholesale prices unexpectedly fell 0.4% in March, showing easing inflation backdrop ahead of tariffs
Wholesale prices unexpectedly fell in March, setting up a favorable inflation backdrop as President Donald Trump began intensifying tariffs against U.S. trading partners, the Bureau of Labor Statistics reported Friday. The producer price index, considered a leading indicator for pipeline inflation pressures, declined a seasonally adjusted 0.4% for the...