The artist has amassed a fortune estimated at $1.1 billion, making her the fifth most powerful woman in the world; The Eras Tour will add around $5 billion to the U.S. economy
Investors remain anxious about the Fed’s next move and the upcoming policy decision as they continue to process consumer data to get hints on inflation’s trajectory.
"Consumers' expectations regarding the short-term outlook remained dismal," the Conference Board said, adding that recession risks appear to be rising.