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The Wall Street Times

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Michigan Consumer Sentiment August 2026 Index Falls

University of Michigan Consumer Sentiment Drops to 51 in August as Inflation Expectations Rise and Business Outlook Deteriorates

The University of Michigan’s preliminary August Consumer Sentiment Index fell to 51.0, missing the consensus estimate of 54.5 by a wide margin and ending a two-month recovery streak that had briefly suggested American households were stabilizing after a record-low reading earlier this year. Key Takeaways The preliminary August Consumer Sentiment Index came in at 51.0, down 7.6% from

Norway Wealth Fund Record $184B Profit SpaceX Stake

Norway’s $2.3 Trillion Sovereign Wealth Fund Posts Record $184 Billion First-Half Profit as Semiconductor Rally and SpaceX Disclosure Reshape Its Public Portfolio

Norges Bank Investment Management reported on August 12 that the Government Pension Fund Global generated a 9.4% return in the first half of 2026, producing a record accounting profit of 1.75 trillion Norwegian kroner, approximately $184.9 billion, and pushing the fund’s total value to 22,683 billion kroner, or roughly $2.34 trillion. The result was driven almost entirely by

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