Live updates: Trump, Viktor Orbán to meet; Admin asks for pause on SNAP ruling amid government shutdown

U.S. consumer sentiment fell to a nearly three-year low, according to a new survey from the University of Michigan.
The survey also showed that consumers’ view of current economic conditions fell to a record low.
“With the federal government shutdown dragging on for over a month, consumers are now expressing worries about potential negative consequences for the economy,” the survey’s director, Joanne Hsu, said.
“This month’s decline in sentiment was widespread throughout the population, seen across age, income and political affiliation,” she added.
However, those with large stock portfolios bucked the trend, reporting an increase in economic sentiment. Despite the government shutdown, markets have remained unfazed and have repeatedly set records over the course of the 37-day shutdown.




