Melinda Perez, a financial educator, still remembers the first time she felt financially confident. She had recently started investing money outside of her employer-sponsored retirement account because she was finally earning more than she spent. “It was exciting because for once, I had what felt like extra money,” recalls Perez, who lives in San Antonio,…
How to Bolster Your Financial Confidence
US Consumer Confidence Falls for 3rd Time in 4 Months
Consumer confidence dipped again in April as anxiety over a slowing economy and possible recession weighed on American households. The Conference Board reported Tuesday that its consumer confidence index fell to 101.3 in April from 104 in March. It’s the third time in four months that overall U.S. consumer confidence has declined. Optimism about current…
US Consumer Confidence Ticks Up in March
WASHINGTON—Consumer confidence inched up in March after two straight monthly declines, even as persistent inflation, bank collapses and anxiety over a possible recession weighed on American households. The Conference Board reported Tuesday that its consumer confidence index rose to 104.2 in March from 103.4 in February. Optimism about current conditions fell, though consumers grew slightly…
American Public’s Confidence in Nation’s Banks Plummets After Failures, Poll Finds
The latest banking turmoil following the collapse of Silicon Valley Bank has significantly affected the American public’s confidence in the nation’s banks and other financial institutions, according to a new poll. The poll from the Associated Press-NORC Center for Public Affairs Research found that just 10 percent of U.S. adults say they have high confidence in the…
Confidence in US Banks Plummets After Failures: Poll
The banking turmoil following the collapse of Silicon Valley Bank (SVB) has significantly affected the American public’s confidence in banks and other financial institutions, according to a new poll. The poll from the Associated Press-NORC Center for Public Affairs Research found that just 10 percent of U.S. adults say they have high confidence in the nation’s banks…
Banking Turmoil Pounding Investor Confidence, Surveys Show
LONDON—This month’s U.S. banking system turmoil and renewed recession worries have left global investor confidence at one of the lowest levels in the last 20 years, and that does not even account for this week’s demise of Credit Suisse. A monthly survey carried out by investment bank BofA following the collapses of Silicon Valley Bank…
Chinese Business Confidence Falls to Lowest in Almost a Decade on COVID-19
BEIJING—China’s business confidence fell to its lowest since January 2013, a survey by World Economics showed on Monday, reflecting the impact of surging COVID-19 cases on economic activity with the abrupt lifting of many pandemic control measures. The index fell to 48.1 in December from 51.8 in November, showed the World Economics’ survey of sales…
Self-Doubt Can Have Its Benefits
In “Once an Eagle,” his novel about an American soldier, Anton Myrer quotes Army Gen. Joseph Stilwell: “If a man has enough character to be a good commander, does he ever doubt himself? He should not. In my case, I doubt myself. Therefore, I am in all probability not a good commander.” That question and…
Confidence in US Media, Government, and Justice System Collapsing
Americans’ confidence in major U.S. institutions—including government and the media—is in a state of collapse, falling to an average of just 27 percent across all categories, according to the latest national poll released by the Gallup Organization. Only the military and small businesses still enjoy the confidence of a majority of Americans. Although public belief…
Confidence in US Media, Government, and Justice System Collapsing: Poll
Americans’ confidence in major U.S. institutions—including government and the media—is in a state of collapse, falling to an average of just 27 percent across all categories, according to the latest national poll released by the Gallup Organization. Only the military and small businesses still enjoy the confidence of a majority of Americans. Although public belief…
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