Consumers continue to lack confidence in the US economy ahead of holiday shopping season | CNN Business

Heading into the all-important holiday shopping season, American consumers still aren’t feeling very confident about the state of the US economy. The University of Michigan’s consumer sentiment index landed at 56.8 in November, up from the preliminary reading of 54.7 measured earlier this month but lower than the 59.9 recorded in October. Economists were expecting a reading of 55, according to consensus estimates on Refinitiv.

” Consumers surveyed also highlighted the effects of rising interest rates on their desire to buy homes, cars and other big-ticket items. The Federal Reserve, in efforts to combat decades-high inflation, has enacted a series of steep interest rate hikes. About 83% of respondents to the University of Michigan’s Surveys of Consumers said that it was a bad time to buy a home. That’s the highest share ever recorded, according to the university.

Woollup , what inflation are you talking about?

CNN=FAIL

Lemon's new gig? Reporting on Christmas shopping? I see CNN still cant bring themselves to say Christmas. YOu have all been exposed & proven to be putting out propaganda. Have you even admitted Hunter's Laptop is real yet? Other MSM took 2 yrs to face facts. How long for CNN?

Thanks to Biden’s Economy!

Let’s Go Brandon.

All hail Comrade Biden!

The highest spending online on thanksgiving day in history literally haha

Always there with the cutting edge news.

Yeah right we are giving the same stop feeding into fear

800 private planes flew in to tell us all to save the planet

Gee, you think. Who said the economy hasn't been better? I think it was POTUS.

Maybe people will realize the true meaning of Christmas is not in the materialism.

But the White House says we don’t have high inflation

Welcome to Biden’s America

Duh

Not gonna happen!!!

CNN is back to inflation only channel

Who’s in office again and has all the 3 branches and has had 2+yrs to do something about it? Oh thats right democrats, silly me almost forgot.

Elimination of energy and environmental regulations would maximize energy production and minimize inflation. Their is no climate change problem for the long term.

Thanks democrats...

Duh

Thank you very much Joe Biden

Why are you repeatedly misgendering the Colorado shooter?

Follow me if u want gifts

CAN Jasmine/Laura take a pic with that hair without black color

I don’t like gifts away, I’d rather get a 69 done on me 😇

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Russia threatens to cut supply of gas through Ukraine | CNN BusinessEurope is bracing itself for further cuts to its supply of Russian natural gas as Moscow threatens to slash flows to Moldova, a country on Ukraine’s southwestern border. 6-10x energy costs in Germany, who laughed in Trump's face when he predicted this. I hope they're all fired. PLUS Ukraine would've never happened if Trump was POTUS so ALL the lives lost- amd all the oil amd money is the cost of the liberal New world order. Very expensive Time to have Ukraine join NATO then invade Russia and take the oil fields an natural gas. According to all international protocols, the use of hexachloroethane AKA 'nerve gas ' in Javanroud is a clear example of a war crime, crime against humanity & genocide! As a citizen of Iran, we request the international community to use the R2P law.
مصدر: CNN - 🏆 4. / 95 اقرأ أكثر »

The Fed is set to offer more clues about rate hikes | CNN BusinessAmericans are getting ready for food, family and football on Thursday, but investors may still want to hold off until a little bit later Wednesday before starting to give thanks. Jerome Powell was one of the few positive legacies from the Trump admin. The man knows what he is doing!
مصدر: CNN - 🏆 4. / 95 اقرأ أكثر »

The surprising reason why Ocean Spray cranberry sauce labels are upside-down | CNN BusinessObservant consumers have noticed that the Ocean Spray labels on jellied cranberry sauce cans are flipped, meaning the rounded edge that's typically on the bottom of most canned goods is on top of Ocean Spray cranberry sauce cans. Here's why. I feel like I read this same story last year. There are reports of the terrorist Islamic Regime using HEXACHLOROETHANE;a nerve agent that disrupts the central nervous system .It is being used on unarmed people of javanrud.It is hard evidence of crimes against humanity.we request of immediate R2P by the the world R2PforIran Damn that Trump!!
مصدر: CNN - 🏆 4. / 95 اقرأ أكثر »

Australia will see more extreme weather events, putting strain on economy, report shows | CNN BusinessAustralia will continue to see a spike in extreme rainfall and heat, as well as more dangerous fire events, its government agencies warned Wednesday. Bullshit. You get paid to Lie Alarmism wank …I will win the lottery as well
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