US consumer confidence falls to the lowest level since 2014

US consumer confidence fell in January to the lowest level since 2014, survey data showed on Tuesday, as American households continue to worry about inflation and the higher cost of living.The Conference Board’s Consumer Confidence Index fell 9.7 points from December to 84.5, with consumers becoming more cautious about major spending decisions.“Confidence collapsed in January […]

Christmas rush: US retailers eyeing Black Friday lift; Shoppers hunt for deals despite weak sentiment – The Times of India

Black Friday no longer draws Americans away from Thanksgiving dinners due to midnight lines at malls, but still draws more traffic to stores than any other day of the year — and remains the unofficial start of the U.S. holiday shopping season.This year’s kickoff came as U.S. consumer confidence fell due to the federal government […]