Charlotte Morabito

2 days ago | cnbc.com | Charlotte Morabito |Andrea Miller

Residents of one of the states listed in the ‘Your Rights’ section of NBCUniversal’s Privacy Policy we have received your Global Privacy Control signal or you have opted out from the toggle below, but there is another step. To opt out of us selling or sharing/processing data such as your name, email address and other associated personal information for targeted advertising activities as described above, please submit the form below.

2 weeks ago | cnbc.com | Charlotte Morabito |Lindsey Jacobson

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailMarkets slump as Trump's tariffs ripple across the economyPresident Trump's sweeping new tariffs sparked a $6 trillion market selloff and reignited debate about trade policy. Economists say they're watching for signs the tariffs might break the economic expansion or worsen inflation.

2 weeks ago | cnbc.com | Charlotte Morabito |Lindsey Jacobson

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailTrump pushes aggressive trade stance with new tariff mathThe Trump administration launched a sweeping tariff strategy targeting countries with which the U.S. runs trade deficits. The White House's formula is being used to calculate new import duties, but some economists say it lacks credibility and does not reflect actual trade practices.

3 weeks ago | cnbc.com | Charlotte Morabito

Consumer confidence in where the economy is headed hit a 12-year low this week, according to the Conference Board. A fresh reading out of University of Michigan today also showed a deterioration in overall sentiment with a 12% drop from February, marking the third month of decline. Despite Americans' concerns about the economy, they seem to be spending more. Roughly one in five Americans are shopping out of fear of future price hikes, which some experts refer to as doom spending.

3 weeks ago | cnbc.com | Charlotte Morabito |Andrea Miller

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailAmericans are spending more now to avoid paying higher prices later. Here's what to know. Retail sales remain steady, but consumer confidence is falling. More Americans are making purchases out of fear rather than want, a trend known as "doom spending." Driven by anxiety over inflation and supply issues, this behavior is happening alongside rising debt and financial strain.