US consumer borrowing increased in March by the most in three months, reflecting a pickup in credit-card balances as well as a solid rise in motor vehicle and other non-revolving loans.

Consumer sentiment is souring, and recession fears are rising, but spending in the US is on the rise as consumers and businesses are likely buying now to lessen the expected impact of President Donald Trump's tariffs. Durable goods spending increased about 2.3% from the third quarter of 2024 to $2.218 trillion in the first quarter of 2025.

NEW YORK: US consumer confidence rose to a six-month ... The Conference Board’s gauge of sentiment increased to 103.3 from an upwardly revised 101.9 a month earlier, data out on Tuesday showed.

The third and last geopolitical front is in Europe. Russian President Vladimir Putin called for direct talks with Ukraine, while Kyiv insists on a 30-day ceasefire first. Either move would be good news for Europe and would add pressure on Oil prices. Untapping Russian Crude toward Europe would lift output as well.

Bitcoin price surges above $104K as April CPI cools to 2.3%, boosting Fed rate-cut bets and fueling bullish market sentiment. Bitcoin Rises Above $104K as