Israeli tanks and drones attacked a hospital in northern

after Trump announced the tariffs on France, Germany and the other 25 countries represented by the European Union.Such talks give hopes that the United States can reach a deal with one of its largest trading partners that would keep global commerce moving and avoid a possible recession. Trump declared a

earlier this month, which launched an“We focus on actions over words,” Jean Boivin and other strategists at BlackRock Investment Institute said, “as economic constraints spur policy rollbacks.”Caution still remains on Wall Street, of course, even if the S&P 500 has climbed back within 3.6% of its record after falling roughly 20% below the mark last month.

A worry is that all the uncertainty caused by on-again-off-again tariffs could damage the economy by pushing U.S. households and businesses to freeze their spending and investments. Surveys have already shown U.S. consumers are feeling worse about the economy’s prospects and where inflation may be heading because of tariffs.On Tuesday, though, optimism ruled. The stock market’s gains accelerated after a report released by the Conference Board said

by more in May than economists expected.

It was the first increase in six months, and consumers’ expectations for income, business and the job market in the short term jumped sharply, though it still remains below the level that typically signals a recession ahead. About half the survey results came after Trump paused some of his tariffs on China.Lindsey Johnson, president and CEO of the Consumer Bankers Association, characterized the CFPB’s work under Biden as “aggressive.” She said the agency took action in recent years without going through the appropriate procedures.

“We don’t believe they had the proper oversight,” she said.Miranda Margowsky, a spokesperson for the Financial Technology Association, an industry group that counts many financial technology companies as members, said her organization anticipates and hopes several CFPB rules, including those governing “buy now, pay later” plans and other fintech products, will be reversed “with the stroke of a pen.”

She characterized the rules as “overly broad, overreaching, and harmful.”Supporters of the CFPB protested outside the bureau’s shuttered Washington headquarters this week. NAACP President Derrick Johnson and others have demanded the office’s reopening.