NewsBite

Consumer confidence

Advertisement
trump economy

Rollercoaster week raises questions about true state of the US economy

After stellar GDP growth, we were told it was “the Trump economy″⁣ in effect. But when a shockingly weak jobs report arrived, suddenly the numbers were “rigged”.

  • Michael Koziol

Latest

Governor Michele Bullock is expected by all of the nation’s biggest banks to announce an interest rate cut next week.

We didn’t get that rate relief, but Australia remains the lucky country

By several measures Australia is sitting in a sweet spot relative to many – if not most – other countries.

  • Elizabeth Knight
Xi Jinping and Donald Trump, pictured in 2017, spoke on the phone for the first time since January.

Trump’s trade war is starting to bite China’s economy

China’s economy is holding up better than expected in this early phase of the trade war, but first cracks are emerging.

  • Stephen Bartholomeusz
Opposition leader Peter Dutton

Memo Dutton: Good economic managers don’t try to panic the punters

In his response to last week’s mayhem on financial markets, Opposition Leader Peter Dutton flunked a key test.

  • Ross Gittins
Fed chairman Jerome Powell has been reluctant to speculate about how Donald Trump’s policies might affect the central bank’s decisions.

The Trump fire is burning on Wall Street

The American people are losing confidence in Donald Trump, sending shockwaves through Wall Street. And that’s before “Liberation Day”.

  • Stephen Bartholomeusz
Harvey Norman executive chairman Gerry Harvey.

Minority government would be ‘terrible’ for the economy, warns Gerry Harvey

Consumers are holding up better than expected, said the outspoken 85-year-old retail billionaire, with premium prices helping Harvey Norman to solid profits.

  • Jessica Yun
Advertisement
Ponzi schemes are collapsing while financial markets are soaring, concerning legal and market experts.

King of chaos: Wall Street is losing faith in Donald Trump

The Wall Street honeymoon Donald Trump experienced in the initial months of his new administration appears to be ending.

  • Stephen Bartholomeusz
Mosaic owns the Rivers brand along with Noni B and Millers. The company called in administrators last year.

Profit warnings, shuttered stores: Retailers are desperate for rate cuts

The discretionary retail sector is hanging out for an interest rate cut to breathe some life into moribund sales growth and shrinking margins.

  • Elizabeth Knight
Natalie Latter and Sam Baker with their daughter Pip.

Beloved Perth business puts out distress call as cost of living bites

In only 6½ years it’s built a whopping following, making it one of Perth’s most successful shops of its kind. So why can’t that keep the wolf from the door?

  • Emma Young
South Australia has topped the ladder.

The surprise state topping Australia’s economic ladder

It’s not WA, although the mining state is fast gaining on top spot, leading on relative population growth and home lending metrics.

  • Jacob Shteyman and Abe Maddison

Original URL: https://www.theage.com.au/topic/consumer-confidence-1mpi