US Consumer Confidence Hits Seven-Month Low on Worse Outlook
Looking ahead, consumers surveyed by the Conference Board expressed negative sentiment towards future job and income prospects.

"Will shopping ever return to the way it was before the age of coronavirus? Probably not in 2020."

"Will shopping ever return to the way it was before the age of coronavirus? Probably not in 2020."

"Donald Trump banned TikTok and WeChat. Sort of. For now."

"Donald Trump banned TikTok and WeChat. Sort of. For now."

"Discount retailer Century 21 may have closed its doors, but others that have filed for bankruptcy are still open."

"Discount retailer Century 21 may have closed its doors, but others that have filed for bankruptcy are still open."

"With its relatively small assortment available for same-day delivery, several observers have deemed Walmart+ second best to Amazon Prime."

"With its relatively small assortment available for same-day delivery, several observers have deemed Walmart+ second best to Amazon Prime."

"A new crop of companies, including Atolla, Proven and Yours, is using AI to help customers treat acne and other skin issues."

"A new crop of companies, including Atolla, Proven and Yours, is using AI to help customers treat acne and other skin issues."

"Asata Maisé describes her current design aesthetic as 'a frivolous nod to the past.'"

"Asata Maisé describes her current design aesthetic as 'a frivolous nod to the past.'"

"The designer discusses his latest project and how fashion is responding to the times in which we live."

"The designer discusses his latest project and how fashion is responding to the times in which we live."

"The pandemic has had a particularly harsh impact on luxury retail."

"The pandemic has had a particularly harsh impact on luxury retail."

"A chaotic but cherished store that sold designer clothing at half off or more."

"A chaotic but cherished store that sold designer clothing at half off or more."

" Burberry Beauty's new Global Beauty Director on working with some of the world's top celebrities."

" Burberry Beauty's new Global Beauty Director on working with some of the world's top celebrities."

"Months of closures have left many business owners deep in debt."

"Months of closures have left many business owners deep in debt."

"Who is going to London Fashion Week and will anyone be taking their photograph?"

"Who is going to London Fashion Week and will anyone be taking their photograph?"
Looking ahead, consumers surveyed by the Conference Board expressed negative sentiment towards future job and income prospects.
Leonardo Maria Del Vecchio is stepping down as chairman of the Ray-Ban brand and as chief strategy officer, the company said, after reports of tensions with CEO Francesco Milleri.
Canadian and US negotiators are working against an Aug. 19 deadline to avert 50 percent tariffs on Canadian goods. While discussions remain constructive, significant work is still required to resolve key trade disputes.
In a decision on Thursday, a US trade court refused to disturb executive orders that lifted the ‘de minimis’ exemption for goods with a retail value of $800 or less.
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
The move is the latest in an escalating the trade conflict between the two countries.
The UK has reaffirmed its commitment to ongoing US trade talks despite being affected by President Donald Trump’s global steel and aluminium tariffs.
The US President temporarily delayed tariffs on goods from its neighbouring countries, shelving duties until April after facing pushback from businesses and warnings of significant price increases for US consumers.