US consumer sentiment weakens in August; inflation expectations rise
consumer sentiment
softened in August as households anticipated higher goods prices because of import tariffs.
The University of Michigan's Surveys of Consumers on Friday said its Consumer Sentiment Index dropped to 58.6 this month from a final reading of 61.7 in July. Economists polled by Reuters had forecast the index would increase to 62.0.
"This deterioration largely stems from rising worries about inflation," Joanne Hsu, the director of the Surveys of Consumers, said in a statement.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Struggling With Tinnitus? This May Surprise You
Tinnitus Experts
Undo
"Buying conditions for durables plunged 14%, its lowest reading in a year, on the basis of high prices."
Consumers' 12-month
inflation expectations
increased to 4.9% this month from 4.5% in July. Long-run inflation expectations rose to 3.9% from 3.4% last month.
Live Events
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
28 minutes ago
- Time of India
Zelenskyy hopes India will contribute to efforts for ending Russia-Ukraine war
Kyiv: Ukraine President Volodymyr Zelenskyy on Friday said he hoped New Delhi would contribute to efforts aimed at ending the war with Russia, as he wished India on its Independence Day. Independence Day 2025 Modi signals new push for tech independence with local chips Before Trump, British used tariffs to kill Indian textile Bank of Azad Hind: When Netaji Subhas Chandra Bose gave India its own currency Zelenskyy's post on X came hours ahead of a summit meeting between US President Donald Trump and Russian President Vladimir Putin in Anchorage, Alaska, aimed at ending the war, now in its fourth year. Congratulating the people of India, President Droupadi Murmu and Prime Minister Narendra Modi, Zelenskyy said, "This week we had a good, candid conversation with Prime Minister @narendramodi when I had an opportunity to personally convey my best wishes on this occasion." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like No annual fees for life UnionBank Credit Card Apply Now Undo — ZelenskyyUa (@ZelenskyyUa) "Our nations share the experience of standing up for freedom and dignity, as well as the pursuit of peace and development," the Ukrainian president wrote. Live Events "We hope that India will contribute to efforts aimed at ending the war, so that our freedom and sovereignty are truly secure," Zelenskyy said. "I am confident that the potential for mutually beneficial Ukraine-India cooperation lies ahead - in science, technology, trade, and culture. Wishing peace and prosperity!" he further said. Trump last week announced an additional 25 per cent tariff on US imports from India -- raising the overall duty to 50 per cent -- as a penalty for the country's continued imports of Russian oil. The tariffs will come into effect from August 27. India on Thursday said it has not halted oil purchases from Russia in response to the US president's tariff threat and continues to buy based solely on economic considerations. Responding to the US tariffs, the Ministry of External Affairs had said that the targeting of India is unjustified and unreasonable. "Like any major economy, India will take all necessary measures to safeguard its national interests and economic security," it said. Trump has said that India's purchasing of Russian oil is "fuelling" the war machine.
Time of India
28 minutes ago
- Time of India
Horoscope today 16 August 2025: major astrological turnaround—see how moon and Uranus could change your day now
Horoscope today 16 August 2025, the stars are signaling a day of change and reflection. With the Moon in Taurus and its connection to Uranus in Gemini, unexpected insights and sudden shifts could shape the way you think and act. It's a day to pause, reassess your goals, and stay open to new opportunities—small adjustments now could lead to big improvements in your life. Fire signs (Aries, Leo, Sagittarius) may feel energetic and eager to act, while water signs (Cancer, Pisces, Scorpio) are encouraged to focus on emotional clarity. Earth signs (Taurus, Virgo, Capricorn) can use steady planning to make progress, and air signs (Gemini, Libra, Aquarius) benefit from mental focus and balancing priorities. Planetary alignments today impact your mood, decisions, and overall flow. Aries Horoscope Today (16 August 2025) Today challenges your confidence and communication. Mercury's influence may cause misunderstandings, so avoid rushing important discussions. At work, double-check details before finalizing decisions. Financially, hold off on major purchases until clarity arrives. On the personal front, small disagreements may arise with loved ones—practice patience and listening. Physical activity helps manage restless energy, while a short meditation can calm your mind. Avoid impulsive social interactions and focus on practical solutions. Evening reflection will help restore balance and prepare for tomorrow. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Use an AI Writing Tool That Actually Understands Your Voice Grammarly Install Now Undo Taurus Horoscope Today (16 August 2025) Career planning takes center stage today, as Venus aligns with Saturn in your sign. It's a great time to pitch ideas, present projects, or request professional recognition. Emotionally, you might feel a little detached, but stay patient with close ones. Pay attention to health—hydration and regular sleep are crucial. A small financial opportunity could appear unexpectedly, so stay alert. Take structured breaks during work to avoid burnout. Evening family time or creative hobbies can bring emotional satisfaction. Practicing gratitude helps maintain positivity throughout the day. Gemini Horoscope Today (16 August 2025) The Moon in your 4th house encourages focus on emotional grounding and family matters. Avoid multitasking; concentrate on one task at a time at work. Financially, a sudden opportunity may present itself—trust your instincts. Emotional sensitivity might heighten—don't take minor remarks personally. A reflective walk or journaling session can provide clarity. Relationships benefit from honest conversations and patient listening. Avoid conflicts at home, and try to maintain calm in stressful situations. Evening relaxation or a quiet hobby will balance your day. Live Events Cancer Horoscope Today (16 August 2025) Your intuition is heightened, but overthinking may cloud judgment. Keep interactions simple and avoid reading too much into minor details. At work, someone from your past may reappear with a proposal or idea. Financial caution is advised—review documents carefully before signing anything. Emotional clarity in love comes through open conversations. Focus on self-care: sleep early, maintain hydration, and limit late-night screen use. Physical activity, even light exercise, boosts mental balance. Take time for gratitude and mindful reflection to stay grounded. Leo Horoscope Today (16 August 2025) Distraction may interfere with your usual focus, so structure your day carefully. Make a prioritized task list to avoid feeling overwhelmed. Financially, small unplanned expenses could appear—avoid impulse purchases. Relationships may feel distant, but small gestures or messages help reconnect. Creative projects are highlighted today—channel energy into productive outlets. Avoid rushing decisions, especially professional ones. Midday breaks or brief outdoor walks will improve mental clarity. Evening reflection and planning for tomorrow keep your momentum steady. Virgo Horoscope Today (16 August 2025) Your energy is high today, making it an excellent time to take charge of work projects or tackle unresolved issues. Don't shy away from recognition, but avoid overworking yourself. Pay attention to minor health signals and take regular breaks. A structured approach helps you manage multiple tasks efficiently. Financial planning is favored—review budgets or plan for long-term goals. Family interactions can bring insight or emotional satisfaction. Evening relaxation, meditation, or journaling will help you recharge. Stay attentive to detail but don't let perfectionism cause stress. Libra Horoscope Today (16 August 2025) Relationships are highlighted today as Venus emphasizes clarity and harmony. Honest, constructive conversations help resolve misunderstandings. Work may bring extra stress, but maintaining routines keeps things manageable. Financially, minor adjustments may be needed—avoid risky moves. Take at least 10 minutes in the evening for journaling, meditation, or deep breathing to maintain mental balance. Social interactions can bring opportunities or new perspectives. Prioritize personal boundaries and avoid overcommitting. Evening reflection fosters inner peace and emotional stability. Scorpio Horoscope Today (16 August 2025) Emotional depth is your strength today, helping you uncover truths about yourself or others. Use this insight wisely in personal and professional decisions. Financially, review all details carefully before committing. Romance sparks may appear through friends or social interactions. Focus on self-care to avoid emotional overload. Work projects benefit from concentrated effort and thoughtful planning. Evening solitude or creative hobbies help recharge mental energy. Avoid rushing judgments and practice patience in interpersonal situations. Sagittarius Horoscope Today (16 August 2025) Your spontaneous energy is high, but keep one foot grounded. Travel, learning opportunities, or new experiences may appear—evaluate carefully before acting. Financially, avoid impulsive spending and stick to a budget. Health improves with gentle exercise or outdoor activity. At work, you may feel inspired to innovate or explore new approaches. Relationships thrive with openness and flexibility. Take moments for reflection to avoid burnout. Evening relaxation or creative pursuits will restore balance. Your adventurous spirit can bring meaningful growth if combined with caution. Capricorn Horoscope Today (16 August 2025) Saturn supports your long-term plans, bringing stability and recognition for consistent effort. Financial decisions are favored if approached methodically. Relationships benefit from practical advice and thoughtful support. Take time to appreciate small achievements. Work projects progress steadily with disciplined planning. Health remains stable if routines are maintained, but minor adjustments to sleep or diet may be needed. Evening reflection on goals and priorities enhances clarity. Avoid impulsive emotional reactions and focus on strategic actions. Aquarius Horoscope Today (16 August 2025) Mental energy is high but scattered, so prioritize tasks to stay productive. A colleague or friend may offer an unexpected insight that shifts your perspective. Financial caution is advised—avoid risky ventures today. Romantic energy is neutral, making this a good day for self-improvement or learning. Creative projects can flourish if you focus attention and avoid distractions. Evening reading, podcasts, or learning sessions may bring valuable insight. Keep social interactions light and maintain personal boundaries. Reflection before sleep enhances clarity for tomorrow. Pisces Horoscope Today (16 August 2025) Neptune's influence may blur perceptions, so check assumptions carefully. Emotional sensitivity is high—avoid absorbing others' stress. Creative and artistic work thrives today, offering opportunities to showcase talents. Financial caution is important—avoid risky investments. Relationships benefit from clear communication and empathy. Health and wellness improve with mindful activities like meditation or light exercise. Evening reflection helps maintain emotional balance and resets energy. Boundaries are key in personal matters to prevent misunderstandings. What to remember from Horoscope Today 16 August 2025 Every zodiac sign has a unique journey, and Horoscope Today 16 August 2025 emphasizes that even small celestial shifts can influence your thoughts, feelings, and actions. From Gemini's emotional reflection to Virgo's leadership energy and Pisces' intuitive insights, today is perfect for internal assessment and external opportunities. Trust the stars, but follow your instincts.
Time of India
43 minutes ago
- Time of India
Flick keeps faith in Barcelona to register new recruits ahead of LaLiga opener
Barcelona coach Hansi Flick remains confident his club will register key players including new signings Joan Garcia and Marcus Rashford in time for Saturday's LaLiga opener at Mallorca, despite ongoing financial fair play complications. Independence Day 2025 Modi signals new push for tech independence with local chips Before Trump, British used tariffs to kill Indian textile Bank of Azad Hind: When Netaji Subhas Chandra Bose gave India its own currency The Spanish champions are still scrambling to register players due to LaLiga's strict financial rules, having spent more on signings and wages than they have generated in revenue for multiple seasons. "For me, the situation, you can imagine I'm not happy about that. But I know the situation and I believe in the club," Flick told reporters on Friday. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Crossout 2.0: Supercharged Crossout Play Now Undo "We have to wait till tomorrow. It was the same situation last season. "We will focus on what we can change and what is in our hands. The other things, I believe in the club." Live Events Barcelona signed goalkeeper Garcia from local rivals Espanyol in June while Wojciech Szczesny has signed an extension, but neither player has been registered yet. The club's registration headache has been partly resolved through some dramatic internal manoeuvring involving captain Marc-Andre ter Stegen. The German keeper initially refused to sign a long-term medical leave agreement that would clear 80% of his wages and help the club comply with financial rules. Sidelined for at least three months due to surgery, he was stripped of his captaincy before it was reinstated when he eventually agreed to the deal. "I think the most important thing is that everyone speaks together. Marc and the club, they spoke," Flick said. "The most important thing for me, for Marc and the club is that he comes back. "He's shown for many years here that he's a fantastic goalkeeper and the important thing is that he comes back and is ready to play. We'll all help him, we're all on his side." The departure of 34-year-old defender Inigo Martinez to Saudi Arabia's Al-Nassr has also freed up crucial salary space, although Flick admitted mixed feelings about losing the veteran who was a mainstay in central defence. "I was a little bit surprised but I could totally understand him. I'm not happy that he left, he's a fantastic player and has a great personality," Flick said. "He was one of our leaders, he was outstanding not only as a player but also a personality in the dressing room. He deserves this and I wish him all the best." Despite the defensive reshuffle, Flick indicated he will not rush into the transfer market, backing the versatile 23-year-old Gerard Martin to step up. "Gerard can also play in this position. From what I've seen, I really appreciate that. Last season, as a left back, he was fantastic and improved a lot," he added. "When he played as centre back, he was doing well. He's a good option. I like players who can play in different positions."
