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Consumer sentiment: Economic warning signs raised by the University of Michigan data

visibility comment0 event May 8, 2026 timer 13:45

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Yahoo Finance’s Julie Hyman breaks down the University of Michigan consumer sentiment data and its effect on the economy.

DraftKings (DKNG) co-founder and CEO Jason Robins joins Yahoo Finance’s Julie Hyman to discuss the earnings results, progress in prediction markets, and more.

The US economy grew by 115,000 non-farm payroll jobs in April, according to the Bureau of Labor Statistics’ (BLS) latest report, above economists’ forecasts of 65,000. The national unemployment rate held steady at 4.3%.

Acting US Secretary of Labor Keith E. Sonderling sits down with Yahoo Finance Senior Reporter Jennifer Schonberger to talk about the fresh labor data, citing "resiliency" in job growth amid domestic investments in the US from major companies.

Sonderling took on the mantle of Acting Secretary of Labor after Lori Chavez-DeRemer resigned from the Trump Cabinet position on April 20."

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