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Consumer Confidence Falls To 2022 Lows Amid Tariff Worries, Affordability Crisis: Survey
Consumer confidence plunged in March, hitting its lowest level since 2022 as lingering inflation, a slowing job market, and economic uncertainty weigh on Americans.
The preliminary consumer sentiment index dropped to 57.9 in March, down 10.5 percent from February, a survey from the University of Michigan said on Friday, Mar. 14. It marks the lowest reading since November 2022 and 27.1 percent lower than March 2024.
The decline marks the third consecutive month of falling confidence, with all age groups, income levels, and political backgrounds reporting a more negative outlook.
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Tesla Owners Disguise Vehicles As Stock Craters, Trump Calls Elon Musk Boycott 'Illegal'
Tesla is losing its charge with many Americans as billionaire CEO Elon Musk faces plummeting sales, a freefalling stock, growing protests, and car owners distancing themselves from the controversial brand.
The electric automaker's stock has more than lost all of its post-Election Day gains. Tesla shares stood at $288.53 on Wednesday, Nov. 6, 2024, and hit an all-time high of around $480 in mid-December before beginning a sharp decline.
By early March, shares fell below what they posted the day after Election Day. Tesla opened for trading at $225.11 on Tuesday, Mar. 11, marking abo…
Elon Musk Blames Cyberattack After X Hit By Waves Of Outages
Elon Musk’s social media platform, X, has experienced separate significant waves of outages which the billionaire entrepreneur attributes to a potential cyberattack.
The issues began around 6 a.m. Eastern time on Monday, March 10 when approximately 20,538 users reported problems, according to DownDetector, a site that tracks outages,
The outages subsided briefly before resurging, with nearly 40,000 users reporting issues by 10 a.m. Since then, around 26,000 additional reports have been logged as of 12:30 p.m. ET.
Many users said that the app would not load properly and posts were not…
February Job Growth Disappoints, Fueling Economic Fears From Rising Costs, Tariff Confusion
The US labor market fell short of expectations in February, adding to growing economic uncertainty from trade disputes, a hiring slowdown, and ongoing federal job cuts.
The nation's economy added 151,000 jobs in February, according to data from the Bureau of Labor Statistics released on Friday, Mar. 7. That number was lower than the Dow Jones consensus forecast of 170,000, CNBC reported.
Job growth lagged behind the 12-month average of 168,000, signaling a labor market slowdown. Healthcare led with 52,000 new positions, followed by financial activities (+21,000), transpo…
US Layoffs Surge To 2020 Levels As Economic Turmoil Grows: Study
Layoffs are sweeping across the country at a pace not seen in years, hitting government workers, retail employees, and tech professionals the hardest, according to a new study.
US employers announced 172,017 layoffs in February, the highest total since the height of the COVID-19 pandemic in July 2020, according to a report released by outplacement firm Challenger, Gray & Christmas on Thursday, Mar. 6. Last month's cuts were 245 percent higher than January and more than double the job losses from February 2024.
February marked a dramatic spike in job losses, as businesses and federal age…
Dramatic Videos Capture SpaceX Starship Flight 7 Explosion
Videos are circulating of SpaceX's Starship Flight 7 meeting an explosive end over the Atlantic Ocean during its Thursday, Jan. 16 test launch.
The flight, conducted at 4:37 p.m. CT from Starbase, TX, aimed to achieve major milestones but faced setbacks in its journey to space.
Elon Musk, CEO of SpaceX, commented on the test, saying, “Success is uncertain, but entertainment is guaranteed! ✨”
Success is uncertain, but entertainment is guaranteed! ✨ pic.twitter.com/nn3PiP8XwG — Elon Musk (@elonmusk) January 16, 2025
The launch was streamed live by SpaceX on X in a video that had …
Elon Musk Coming To Pennsylvania For Pro-Trump Town Hall
Elon Musk is coming to Delaware County, PA to speak at a pro-Trump town hall meeting on Thursday, Oct. 17.
"Tomorrow night through Monday, I will be giving a series of talks throughout Pennsylvania," Musk said in a Wednesday, Oct. 16 post on X, formerly Twitter.
One of those talks is taking place in Folsom, Delaware County, according to America PAC's webpage on the scheduled town hall meetings.
Tomorrow night through Monday, I will be giving a series of talks throughout Pennsylvania.If you’d like to attend one of my talks, there’s no attendance fee. You just need to have signed ou…
Kenny Chesney's Private Jet Lands At North Jersey Airport Ahead Of Upcoming Shows
Kenny Chesney has arrived.
The country star's private jet touched down at Teterboro Airport at approximately 11 a.m. on Wednesday, May 29, according to a popular Facebook page dedicating to tracking celebrity aircrafts.
Earlier this month, Chesney was ranked No. 13 for celebrities with the highest private jet emissions, in a list put out by Thrillist citing data pulled from JetSpy.
Chesney, currently on his "Sun Goes Down" tour, has shows booked in Syracuse, NY on May 30, Pittsburgh, PA on June 1, and Philadelphia on June 8.
Ground Control, the site that tracked Chesney's Garden State tou…
