It’s Will Smith announcing a new album. It’s “Mamma Mia!” returning to Broadway. It’s the uptick in law school applications. And it’s absolutely spring breaking in Houston. In recent weeks, as the finance world has been nervously watching the S&P 500 fall, nonexperts and the chronically online are seeing signs of a possible recession in…
Policy uncertainty and tariff whiplash are making consumers less confident about the economic outlook and more worried about inflation, new data from the University of Michigan showed on Friday, the latest evidence that Americans are bracing for pain in President Trump’s second term. A new survey released on Friday showed consumer sentiment plummeting 11 percent…
Delta Air Lines on Monday cut its financial forecast for the first three months of the year, saying that growing economic concerns among businesses and consumers had lowered demand for domestic travel. The airline’s warning was the latest sign that the U.S. economy, or at least perceptions of it, have been weakening in part because…
The stock market’s shine in the wake of President Trump’s election wore off in late February, with the new administration’s early economic policy priorities and weak consumer sentiment making investors uneasy. Stocks climbed to new highs in the immediate aftermath of Mr. Trump’s win, as traders geared up for lighter regulation and tax cuts —…
Cassandra Orakpo had enough. Too much, in fact. Shopping on her phone had become so easy it had turned into a bad habit. She bought a cake decorating kit, thinking she’d make her own birthday cake, and never even took it out of the box. She has at least 80 bottles of perfume stored in…
High interest rates kept U.S. home sales in a deep freeze for much of last year. It could be a while before the market experiences much of a thaw. Americans bought just over four million previously owned homes last year, the National Association of Realtors said on Friday. That was the fewest since 1995 and…
To a large extent, the electric vehicle market in the United States runs on Democratic policies. There are federal tax credits for car buyers. Subsidies for battery manufacturing. Cheap loans to build electric car factories. Grants for chargers. Regulations that push automakers to sell more vehicles with no tailpipe emissions. All of that support —…