U.S. consumer confidence in May saw its first drop after three months of gains as Americans grapple with rising prices and inflation, both driven up by the U.S.-Israeli conflict in Iran, the monthly consumer confidence index report said Tuesday. Confidence dipped 0.7 points to 93.1 in May, a low not seen since 2025, according to the index,...
U.S. consumer confidence in May saw its first drop after three months of gains as Americans grapple with rising prices and inflation, both driven up by the U.S.-Israeli conflict in Iran, the monthly consumer confidence index report said Tuesday. Confidence dipped 0.7 points to 93.1 in May, a low not seen since 2025, according to the index,...
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