Christopher Rugaber - Profile and Journalist Details
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Christopher Rugaber
Verified
Federal Reserve and Economy Reporter, Associated Press
Washington
Beats
Infrastructure, Public Finance Planning Commission,Macroeconomy External Economic Relations., Development
Content
By Christopher Rugaber Verified, Josh Boak Verified| The Argus-Press Verified WASHINGTON (AP) — U.S. consumer sentiment plunged in April, the fourth consecutive month of declines, in a seemingly sharp rebuke of President Donald Trump's trade wars that have fueled anxiety over possible job losses and rising inflation. The preliminary reading of the University of Michigan’s closely watched consumer sentiment index, released Friday, fell 11% on a monthly basis to 50.8, the lowest since the depths of the COVID-19 pandemic. Over the past year, sentiment has tumbled 34%.
By Christopher Rugaber Verified, Anne D'Innocenzio Verified| The Argus-Press Verified WASHINGTON (AP) — President Donald Trump’s new tariffs threaten to push up prices on clothes, mobile phones, furniture and many other products in the coming months, possibly ending the era of cheap goods that Americans enjoyed for about a quarter-century before the pandemic. In return, White House officials hope the import taxes create more high-paying manufacturing jobs by bringing production back to the United States.
By Christopher Rugaber Verified, Josh Boak Verified| The Argus-Press Verified WASHINGTON (AP) — U.S. consumer sentiment plunged in April, the fourth consecutive month of declines, in a seemingly sharp rebuke of President Donald Trump's trade wars that have fueled anxiety over possible job losses and rising inflation. The preliminary reading of the University of Michigan’s closely watched consumer sentiment index, released Friday, fell 11% on a monthly basis to 50.8, the lowest since the depths of the COVID-19 pandemic. Over the past year, sentiment has tumbled 34%.
Company Info
Associated Press
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Fort Lauderdale, United States
+1 212-621-1500
Founded: 1972