Market Midday: Stocks Mixed, White House Appeals Tariff Block, Consumer Spending Slows In GDP Data 5/29/25
CNBC Business News Update
00:00
Consumer Spending Decline and Job Market Struggles Amid Corporate Highlights
This chapter examines the recent decline in consumer spending and its impact on economic growth, alongside rising unemployment claims. It also highlights NVIDIA's impressive quarterly results due to AI demand, addresses Chevron's job cuts, and promotes a new product from McDonald's.
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Transcript
