Consumer confidence has been taxed
Consumer confidence, as assessed by The Conference Board, grew steadily the past few months. But in December, the index fell 7%. One likely driver? Agita over President-elect Donald Trump’s tariff proposal. Also in this episode: The Senate passes a pricey bill to fix a decades-old Social Security issue, President Joe Biden announces an investigation into China’s trade practices for chips, and we check in with an Asheville business recovering from Hurricane Helene.