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The Gazette in Medina, Ohio

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Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

May 28, 2025

Page

13

Consumer confidence rises amid tariff inspired jitters

The Conference Board reports May consumer confidence up 12.3 points to 98, ending five months of declines. The present situation improved while expectations rose to 72.8, yet recession fears linger as job and income outlooks recover slowly. Tariffs and trade talks with China and the U.K. weighed on sentiment earlier in the month. The May survey closed May 19 after a busy period of policy moves and a strong jobs report showing 177,000 April hires and a 4.2 percent unemployment rate.

Washington Donald Trump Conference Board U.S Trump U.s.-China Stephanie Guichard China U.K European Union E.U Labor Department Wall Street Jean Boivin BlackRock Investment Institute Nvidia S&p 500 Information Salesforce DOW Trans DOW Util S&p Wilshire Russell Treasuries Montrago Treasury Money Market Account Omoago Abbott Laboratories Accenture PLC Adobe Amazon American Express Co Apple Avient Corp Bank of America Corp Berkshire Hatch Caterpillar Inc Chevron Corp Cisco Systems Inc Coca-Cola Consolidated Inc Costco Wholesale Corp Arden Restaurants Inc Iebold Nixdorf Inc the Brands Global Inc Isney Eli Lilly and Company Emerson Electric Co Exxon Mobil Corp Fifth Third Bancorp FirstEnergy Corp Ford Motor Co GE Aerospace Goldman Sachs Home Depot Honeywell International Inc Huntington Bancshares Inc A Nd Business Machines Corp Intuit Inc Intuitive Surgical Inc Smucker Co Pmorgan Chase & Co Johnson & Johnson Keycorp Linde PLC Martin Corp Lowe's Companies Inc. Lumen Technologies Inc Aftercard Inc cDonald’s Corp Erck & Co. Inc Svidia Corp Jetflix Inc Ordson Corp Orthrop Grumman Corp Orle Corp X Corp Oval Bank of Canada Salesforce Inc Sherwin-Williams Co Six Flags Entertainment Corp Mobile US Inc Esla Inc Exas Instruments Inc United Parcel Service Inc United States Steel Corp UnitedHealth Group Inc Visa Inc Verizon Communications Inc Walmart Inc Wells Fargo & Co Wendy’s Otal Asset Amrenbala Fdmillnvsa Grtamrca Incamrca Invcamrca Nwprspetra Wamtinvia Dodge & Cox Incl Stkl Fidelity Schwab Vanguard EggIncAdmrl

Coal plant kept open by federal order in Michigan

The U S Energy Department ordered Consumers Energy s J H Campbell coal plant to remain open at least until late August amid possible regional shortages. Regulators in Michigan contest the need saying there is no energy emergency as MISO forecasts adequate summer supply.

Detroit U.S. Energy Department Michigan U.S Consumers Energy J.H. Campbell MISO Dan Scripps Michigan Public Service Commission Manitoba Canada Campbell Ottawa County Lake Michigan Energy Secretary Greg Wannier

Wall Street rises on tariffs pause amid gains

Wall Street rebounded as Trump delayed EU tariffs to July 9 and other positive data buoyed markets. The Dow gained 740 points, the S&P 500 up 2 percent, and the Nasdaq up 2.5 percent, with Nvidia leading a broad rally and Salesforce leapfrogging AI driven deals.

New York Wall Street Donald Trump European Union S&p 500 Trump United States France Germany

U S Steel Nippon deal framed with U S control plan

U S Senator David McCormick outlined a national security backed plan for Nippon Steel to invest in U S Steel. It would ensure an American CEO and a majority of U S board members plus a golden share requiring U S government approval on key decisions.

Harrisburg U.S David McCormick Nippon Steel United States Pennsylvania CNBC Donald Trump U.S. Steel Trump U.S.A McCormick Dan Meuser

Market In Review Highlights Stock and Bond Shifts

The Market In Review digest notes stock indexes and interest rate changes amid shifts in asset values. It references fund flow, redemption fees, and mutual fund performance metrics, with emphasis on price movements and market drift as reported by The Associated Press.

Percen

Also Mentioned on This Page

Matt Ott Associated Press Chris Wright Brian Wheeler The Sierra Club Consumer Energy Stan Chee U.S. Steel-Nippon Kim Ward Ward Pittsburgh Carnegie Mellon University the Market In Review Aut
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