U.S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained elevated, a sharp contrast to soaring stock prices that have neared record levels. The Conference Board’s consumer confidence index on Tuesday slipped 0.7 points to 93.1 in May, the first decline after three months of gains. Americans have soured on President Trump’s economic policies, polls show, potentially creating problems for Republicans heading into the midterm elections. Gas prices have soared to a nationwide average of $4.49 a gallon from $2.98 just before the war began at the end of February, and have been at or above $4.50 a gallon for nearly all of May.
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NEW DELHI (AP) — U.S. Secretary of State Marco Rubio is holding talks with his Indian counterpart Subrahmanyam Jaishankar on Sunday as the two…
NEW DELHI (AP) — U.S. Secretary of State Marco Rubio arrived in India on Saturday ahead of a meeting next week with his counterparts from Indi…
NICOSIA, Cyprus (AP) — European Union officials said Friday that Europeans can expect oil and gas prices to remain above what they were before…
European Central Bank President Christine Lagarde, second left, and President of the Eurogroup Kyriakos Pierrakakis, left, gather with European Finance ministers and Governors for a family photo during the Informal meeting of the economic and financial affairs council, in capital Nicosia, Cyprus, Friday, May 22, 2026. (AP Photo/Petros Karadjias)
From left to right, European Commissioner for Economy and Productivity, Implementation and Simplification Valdis Dombrovskis, European Central Bank President Christine Lagarde, President of the Eurogroup Kyriakos Pierrakakis, Managing Director and the European Stability Mechanism Pierre Gramegna talk to the media during the Eurogroup finance ministers meeting in capital Nicosia, Cyprus, Friday, May 22, 2026. (AP Photo/Petros Karadjias)
European Central Bank President Christine Lagarde, left, and President of the Eurogroup Kyriakos Pierrakakis talk to the media during the Eurogroup finance ministers meeting in capital Nicosia, Cyprus, Friday, May 22, 2026. (AP Photo/Petros Karadjias)
European Central Bank President Christine Lagarde arrives at the conference center for the Eurogroup finance ministers meeting in capital Nicosia, Cyprus, Friday, May 22, 2026. (AP Photo/Petros Karadjias)
NEW DELHI (AP) — In New Delhi’s chaotic traffic, where the backs of auto-rickshaws sometimes double as mobile billboards, some commuters are n…
President Donald Trump is kicking off the busiest portion of his three-day visit to China. It's a trip that may end up focusing more on pageantry and symbolism than major bilateral breakthroughs. He's meeting with Chinese President Xi Jinping at the Great Hall of the People on Thursday. They will have a formal bilateral discussion and later, a state banquet. On Friday, the pair plans a working tea and lunch before Trump leaves Beijing. They're expected to talk about trade, U.S. relations with Taiwan, and the war in Iran, though neither side is promising major progress.