2025-05-31
13 分钟President Trump says farewell to Elon Musk in a news conference full of praise.
Today it's about a man named Elon and he's one of the greatest business leaders and innovators the world has ever produced.
He stepped forward to put his very great talents into the service of our nation and we appreciate it.
Plus,
American consumers are still down on the economy after a month of whipsawing tariff news.
And the Supreme Court delivers a win for President Trump's immigration agenda as thousands of non-citizens lose their legal protections.
It's Friday, May 30th.
I'm Pierre Bien-Aimé for The Wall Street Journal, filling in for Alex Osola.
This is the PM edition of What's News,
the top headlines and business stories that moved the world today.
American households still felt gloomy about the economy in May.
The final reading for the University of Michigan's closely watched index of consumer sentiment was 52.2,
unchanged from the previous month.
It's one of the lowest ever recorded in data going back to 1952.
U.S. economy reporter Chow Deng joins me now with more.
Chow, why are Americans down on the economy?
Well, economists say this is really still about the tariff news cycle.
Tariffs are in the headlines almost every day, and it's really worrying consumers.
It's making it very difficult to forecast prices.
In this survey, we saw that people expect prices to surge 6.6% over the next year,