Why is US consumer confidence at a record low?

World Business Report

US job numbers are rising and the stock market is booming near record highs. So why are consumers feeling so pessimistic about the economy?

As a Mexican trade mission visits Canada, the two countries look to deepen economic ties.

Also Instagram’s direct messages are no longer fully private, and gamers face higher prices as console costs climb.

[Picture: Customers shop for groceries at a Publix supermarket in Miami, Florida, USA. Photo Credit: CRISTOBAL HERRERA-ULASHKEVICH/EPA-EFE/REX/Shutterstock

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US job numbers are rising and the stock market is booming near record highs. So why are consumers feeling so pessimistic about the economy?

As a Mexican trade mission visits Canada, the two countries look to deepen economic ties.

Also Instagram’s direct messages are no longer fully private, and gamers face higher prices as console costs climb.

[Picture: Customers shop for groceries at a Publix supermarket in Miami, Florida, USA. Photo Credit: CRISTOBAL HERRERA-ULASHKEVICH/EPA-EFE/REX/Shutterstock

2026-05-08 26 min
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