June 8, 2025
Sydney 29

US consumer confidence sinks to 5-year low driven by tariffs, recession fears

AI-generated image (Credit: Bing image creator) American consumer confidence in the economy has dropped to its lowest level since the onset of the Covid-19 pandemic. The Conference Board reported a sharp 7.9-point decline in April, bringing the index down to 86, marking the lowest reading since May 2020. The decline is being largely attributed to […]

F-18 fighter jet rolls off USS Truman aircraft carrier and sinks into Red Sea; how much US Navy loses?

A US F/A-18E Super Hornet fighter jet fell into the Red Sea on Monday after slipping off the USS Harry S Truman aircraft carrier while being towed, the Navy said.The fighter jet slipped off the hangar deck of the USS Harry S Truman as sailors were towing it into the hangar bay, the Navy said. […]