Shumita Basu
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Podcast Appearances
Taken all together, economists say there's little doubt consumer prices will go up and could even lead us into a recession.
Taken all together, economists say there's little doubt consumer prices will go up and could even lead us into a recession.
Taken all together, economists say there's little doubt consumer prices will go up and could even lead us into a recession.
On paper, economic indicators are somewhat mixed. The labor market is, at least for the moment, in pretty solid shape, with unemployment rates low, historically speaking. But the stock market just had its worst month in years. And consumer confidence is way down.
On paper, economic indicators are somewhat mixed. The labor market is, at least for the moment, in pretty solid shape, with unemployment rates low, historically speaking. But the stock market just had its worst month in years. And consumer confidence is way down.
On paper, economic indicators are somewhat mixed. The labor market is, at least for the moment, in pretty solid shape, with unemployment rates low, historically speaking. But the stock market just had its worst month in years. And consumer confidence is way down.
According to the Conference Board, a group that tracks consumer confidence on a monthly basis, the consumer confidence index dropped by 7.2 points in March, its lowest since January of 2021.
According to the Conference Board, a group that tracks consumer confidence on a monthly basis, the consumer confidence index dropped by 7.2 points in March, its lowest since January of 2021.
According to the Conference Board, a group that tracks consumer confidence on a monthly basis, the consumer confidence index dropped by 7.2 points in March, its lowest since January of 2021.
Two-thirds of consumers believe that unemployment will increase. And when that happens, people tend to be more conservative with their spending.
Two-thirds of consumers believe that unemployment will increase. And when that happens, people tend to be more conservative with their spending.
Two-thirds of consumers believe that unemployment will increase. And when that happens, people tend to be more conservative with their spending.
It's easy for Americans to blame or thank the president when it comes to how they feel about their bank accounts. Typically, the president alone doesn't really control the outlook for the economy. But Stewart says we are living in remarkable times.
It's easy for Americans to blame or thank the president when it comes to how they feel about their bank accounts. Typically, the president alone doesn't really control the outlook for the economy. But Stewart says we are living in remarkable times.
It's easy for Americans to blame or thank the president when it comes to how they feel about their bank accounts. Typically, the president alone doesn't really control the outlook for the economy. But Stewart says we are living in remarkable times.
President Trump has acknowledged prices will go up, but says the pain of tariffs will be worth it, with his senior trade advisor, Peter Navarro, estimating the U.S. will raise about $600 billion to $700 billion a year from tariffs. But CNBC spoke with some economists who say, in reality, the U.S. will probably bring in less than half of that. Results are in from yesterday's elections.
President Trump has acknowledged prices will go up, but says the pain of tariffs will be worth it, with his senior trade advisor, Peter Navarro, estimating the U.S. will raise about $600 billion to $700 billion a year from tariffs. But CNBC spoke with some economists who say, in reality, the U.S. will probably bring in less than half of that. Results are in from yesterday's elections.
President Trump has acknowledged prices will go up, but says the pain of tariffs will be worth it, with his senior trade advisor, Peter Navarro, estimating the U.S. will raise about $600 billion to $700 billion a year from tariffs. But CNBC spoke with some economists who say, in reality, the U.S. will probably bring in less than half of that. Results are in from yesterday's elections.
All three are being seen as a warning sign for President Trump and the Republican Party. In Wisconsin, Susan Crawford, a liberal circuit court judge, beat her conservative counterpart for a seat on the state Supreme Court. The race drew national attention after Elon Musk and allies spent $25 million backing Crawford's opponent, Brad Schimel, making it the most expensive judicial election in U.S.
All three are being seen as a warning sign for President Trump and the Republican Party. In Wisconsin, Susan Crawford, a liberal circuit court judge, beat her conservative counterpart for a seat on the state Supreme Court. The race drew national attention after Elon Musk and allies spent $25 million backing Crawford's opponent, Brad Schimel, making it the most expensive judicial election in U.S.