Consumer Sentiment Plunges as Gas Prices Surge

Bad economic news across the board is weighing on Americans’ mood this month. The consumer sentiment index fell to a 5-month low in March, thanks to increases in the U.S. trade deficit, higher jobless claims, and a more than 4…

U.S. Trade Deficit Plunges as Exports Hit Two-Year High

Aided by a jump in exports and a dip in imports, the U.S. trade deficit unexpectedly plunged to $38.7 billion in October, the U.S. Commerce Department said. A weaker dollar is making U.S. industrial and agricultural goods and s…

Consumer Sentiment Rises to Highest Level Since June

The consumer sentiment index rose to its highest level in five months in November, propelled by a slightly better economic outlook. However, despite the gain, sentiment remains at a low level, and not high enough to suggest a s…

U.S. Trade Deficit Shrinks as Exports Hit Two-Year High

Aided by a decline in imports and a two-year high in exports, the U.S. trade deficit unexpectedly plunged 5.3% in September to $44 billion. Strong commercial airline orders helped boost the export total. Further, if the dollar …