A report released by the Conference Board on Tuesday showed U.S. consumer confidence deteriorated by much more than anticipated in the month of September.The Conference Board said its consumer confidence index tumbled to 125.1 in September from a downwardly revised 134.2 in August.Economists had expected the consumer confidence index to dip to 133.0 from the 135.1 originally reported for the previ...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.