US consumer sentiment rises for First time in 2025
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The short interest on 14 out of 38 consumer staple stocks—part of the Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP)—increased in May vs. the previous month. The remaining 24 stocks saw a fall in their short interest.
CNBC's Steve Liesman joins 'Squawk Box' with the latest results of the CNBC/NRF Retail Monitor. After signing with the Pittsburgh Steelers, NFL star Aaron Rodgers announced that he got married late last year to his girlfriend, Brittani. Rodgers sparked marriage rumors recently when he was spotted wearing a ring on his left ring finger.
Consumer sentiment picked up in June, after recent dire readings, a new University of Michigan survey showed. A preliminary reading for June came in at 60.5. That was up from 52.2 in May, and higher than the 54.
At the same time, the Bureau of Labor Statistics this week reported that both producer and consumer prices increased just 0.1% on a monthly basis, pointing toward little upward pressure from the duties. Economists still largely expect the tariffs to show an impact in the coming months.
The Tribune is tracking 11 everyday costs for Americans — eggs, milk, bread, bananas, oranges, tomatoes, chicken, ground beef, gasoline, electricity and natural gas — and how they are changing, or
The consumer price index increased 0.1% for the month of May, lower than economists' predictions, with the annual rate reaching 2.4%.
Inflation moved up in May as Trump's tariffs threatened to filter into consumer prices, CPI report shows. Gasoline prices declined for fourth month
Consumer prices rose 2.4% over the year, and the month-over-month increase was lower than expected.
Consumer sentiment has risen so far in June as the swirl of concerns related to President Donald Trump's tariffs have chilled.