Trump’s approval rating on economy at lowest of presidential career

President Donald Trump is registering the worst economic approval numbers of his presidential career amid broad discontent over his handling of tariffs, inflation and government spending, according to the latest CNBC All-America Economic Survey.The survey found that the boost in economic optimism that accompanied Trump's reelection has disappeared, with...

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First-quarter GDP growth will be just 0.3% as tariffs stoke stagflation conditions, says CNBC survey

U.S. President Donald Trump speaks to members of the media aboard Air Force One before landing in West Palm Beach, Florida, U.S., March 28, 2025. Kevin Lamarque | ReutersPolicy uncertainty and new sweeping tariffs from the Trump administration are combining to create a stagflationary outlook for the U.S. economy in...

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Trump policies ‘promise’ an economic downturn, says prominent forecaster in first-ever ‘recession watch’

U.S. Vice President JD Vance (C) exits the Oval Office in the opposite direction as U.S. President Donald Trump and Elon Musk (R) walk away before departing the White House on March 14, 2025.Roberto Schmidt | Afp | Getty ImagesThe UCLA Anderson Forecast, citing substantial changes to the economy...

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Consumer spending rises in December to end solid holiday season, CNBC/NRF Retail Monitor shows

People carry shopping bags as they visit a department store during the holiday season in New York City.Eduardo Munoz | ReutersRetailers chalked up solid gains in the final month to wrap up the holiday season, according to the CNBC/NRF Retail Monitor for December.However, the data also shows the true...

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Consumer spending fell in October, according to new CNBC/NRF Retail Monitor tracking card transactions

A customer shops at a Costco store in San Francisco on Oct. 2, 2023.Justin Sullivan | Getty ImagesThe consumer took a spending break ahead of the holiday season, with October retail sales, excluding autos and gas, falling by 0.08%, and core retail, which also removes restaurants, declining by 0.03%,...

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