Preliminary data released by the University of Michigan on Friday showed a substantial improvement by consumer sentiment in the U.S. in the month of June.

US consumer sentiment rebounded in June, marking the first increase in six months, according to University of Michigan data.

The Federal Reserve and Wall Street are watching closely how souring sentiment translates into consumer spending, which accounts for about 70% of the US economy ... to rise in the year ahead ...

U.S. consumer sentiment improved in June due to eased trade tensions between the U.S. and China, but concerns over Israel's missile strikes on Iran affected global markets. Although inflation ...

The Bureau of Labor Statistics reported Wednesday that U.S. inflation measured by the Consumer Price Index increased by a ...

Inflation is expected to accelerate in the coming months on the back of the Trump administration's import tariffs.