Tag
#us economy
Economy
Consumer sentiment hits record low as Dow hits record high
The University of Michigan consumer sentiment index plunged to an all-time low of 44.8 in May 2026 even as the Dow Jones Industrial Average closed at a record 51,032, exposing a historic divergence between Wall Street optimism and household financial distress driven by war-fuelled inflation.
By Sloane Carrington
Economy
US employers add 115,000 jobs in April, topping 65,000 consensus estimate
US employers added 115,000 jobs in April, well above the 65,000 consensus estimate, the Labor Department reported Friday. The unemployment rate held at 4.3 per cent even as the labor force participation rate slipped to its lowest since October 2021.
By Helena Brandt
