U.S. consumer spending unexpectedly fell in January, but a pick up in inflation could provide cover for the Federal Reserve to delay cutting interest rates for some time. Consumer spending, which accounts for more than two-thirds of U.

Moving forward, the biggest challenge for traders is that AFRM stock suffers from a negative bias. Using data since its January 2021 market debut, a position entered at the beginning of the week has as 51.16% chance of rising by the end of it. However, over an eight-week period, this baseline probability slips to 40.87%.

A majority of respondents in a Harris Poll say the president’s tariff plans will increase the cost of everyday goods.

A 25% tariff on Mexican-made products could cost 1.1 million U.S. jobs, as effects ripple through the economy.