U.S. consumer confidence plunges to lowest in 5 years on tariff worries
Recession worries grow and Americans pull back on spending
- By: Christopher Rugaber, The Associated Press
- April 29, 2025 April 29, 2025
- 12:09
Recession worries grow and Americans pull back on spending
Dual duties on metals and vehicles may be lifted for some manufacturers
The Liberals' election platform pledged nearly $130B in new spending initiatives
The Canadian dollar rose slightly relative to its U.S. counterpart in overnight trading, hitting a 2025 high
Bank says adjusted contribution from U.S. investment will total $71M
Beijing signals readiness to boost domestic demand
Europe records first ever outflows, U.S. continues to lead pullback
American companies brace for higher costs
Rising revenues were offset by higher spending and debt charges
Early estimate shows rebound in March
Trade war, rising supply a "double whammy" for prices
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Liberal and Conservative platforms criticized for lacking "consideration of prudence and risk"
Economists trim outlooks amid trade uncertainty, geopolitical risk
U.S. President keeps up pressure for a rate cut, arguing inflation is no longer a threat