A report released by the Conference Board on Tuesday unexpectedly showed a continued deterioration in U.S. consumer confidence in the month of September.The Conference Board said its consumer confidence index tumbled to 109.3 in September from an upwardly revised 115.2 in August. The decrease surprised economists, who had expected the index to inch up to 114.8 from the 113.8 originally reported fo...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.