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Consumer sentiment deteriorated near the end of April, according to the latest reading from the University of Michigan. The final reading of the sentiment survey dropped to 77.2 from 77.9 in early April, the University of Michigan said Friday. Sentiment had hit 79.4 in March, a 32-month high. Economists surveyed by The Wall Street Journal had forecast an ...
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While inflation has fallen more than 60% from its peak, today’s report reinforces the importance of our ongoing work to bring costs down. President Biden is fighting to lower the biggest bills families face. The President has secured legislation to lower costs for health care, prescription drugs, and insulin. He has called on Congress to pass his plan to ...