Consumer confidence is near an all-time low. The Michigan survey found that the cost of living weighs heavily on Americans. Fuel and tariffs have driven up costs, and inflation expectations are climbing again. Even stocks near all-time highs didn't lift the mood, apparently.

Consumer confidence is near an all-time low. The Michigan survey found that the cost of living weighs heavily on Americans. Fuel and tariffs have driven up costs, and inflation expectations are climbing again. Even stocks near all-time highs didn't lift the mood, apparently.