Consumers are feeling even worse about the US economy thanks to inflation
CNN
Consumers remain pessimistic about the economy, but are slightly more optimistic about longer-term inflation, according to a new survey.
The final index reading of 50 in the monthly Surveys of Consumers was just below the preliminary reading of 50.2 released two weeks ago. The final June index -- a 14.4% drop since May -- represents the lowest recorded level since the university started collecting consumer sentiment data in November 1952.
Senate Democrats have confirmed some of President Joe Biden’s picks for the federal bench this week in the face of President-elect Donald Trump’s calls for a total GOP blockade of judicial nominations – in part because several Republicans involved with the Trump transition process have been missing votes.
Donald Trump is considering a right-wing media personality and people who have served on his US Secret Service detail to run the agency that has been plagued by its failure to preempt two alleged assassination attempts on Trump this summer, sources familiar with the president-elect’s thinking tell CNN.