The surprisingly smaller rise reported by the Labor Department on Friday did little to temper expectations that the Federal Reserve is set to raise interest rates later this year. This is precisely how the Fed will interpret this report, even if the numbers here are atrocious, "said Eric Green, chief economist at TD Securities in New York. The Employment Cost...» Read More
NEW YORK, July 28- U.S. consumer confidence took its biggest tumble in four years in July on a less upbeat jobs outlook, while home appreciation in major cities stalled in May, suggesting a spring pause in housing demand. The latest figure was the lowest since September 2014, while the decline was the steepest since August 2011. Ryan Sweet, senior economist at Moody's...
U.S. consumers were not optimistic about the economy in July, according to a report released Tuesday.
Consumers are worried about the job market and rattled by events in Greece and China. Lynn Franco, a Conference Board economist, says consumers may have been concerned about the debt standoff in Greece and a stock market plunge in China. Adam Collins, an economist with Capital Economics, said the dip in confidence also reflects higher gasoline prices in recent...
NEW YORK, July 28- U.S. consumer confidence weakened in July, due in part to a less optimistic outlook on the labor market, according to a private sector report released on Tuesday. The Conference Board, an industry group, said its index of consumer attitudes fell to 90.9 and was lower than a downwardly revised 99.8 in May. The reading marked its lowest level since...
WASHINGTON— The Conference Board releases its June index on U.S. consumer confidence Tuesday at 10 a.m. Eastern. CONFIDENCE DIPS: Economics expect that consumer confidence will slip to 100 in June, according to a by data firm FactSet. Optimism likely moderated this month after jumping sharply in June.
Mike Harris of Campbell and Company explains why he sees even more pain for the commodities space.
Top technician Ralph Acampora explains why if the market doesn't make new highs soon, it could lead to major problems down the road.
Metals strategist George Gero explains why gold could see a short-term spike in the next couple of weeks, with CNBC's Jackie DeAngelis and the Futures Now Traders.
Jim Strugger of MKM Partners explains why stocks could continue to rally over the next 2-2 1/2 years.
Peter Schiff is known for making bold and dire predictions, but his latest about QE4 got under the skin of "Futures Now" trader Scott Nations.
Forget Greece and China because according to Peter Boockvar, the two things investors should be focused on right now are earnings and interest rates.
Top economist David Rosenberg explains why we won't see a rate hike this year, gives his bullish case for stocks.
Commodities expert Jodie Gunzberg explains why the most recent decline in crude oil pales in comparison to historical losses.
Peta Granger, director of Australia and New Zealand of Lush, says the cosmetics retailer isn't feeling the impact of a tough retail environment in Australia.
Top technician Jonathan Krinsky explains why recent consolidation in the market could present a massive buying opportunity in the second half.
*Consumer confidence increases solidly in June. NEW YORK, June 30- U.S. consumer confidence increased solidly in June, with households upbeat about the labor market, supporting views the economy was back on firmer footing after wobbling at the start of the year. "Consumer spirits are soaring right now showing the economy is on track for further gains this year," said...
U.S. consumers were more optimistic about the economy in June, according to a report released Tuesday.
NEW YORK, June 30- U.S. consumer confidence strengthened in June, bolstered by an improving jobs market, according to a private sector report released on Tuesday. The Conference Board, an industry group, said its index of consumer attitudes rose to 101.4, matching the level set in March and higher than a downwardly revised 94.3 in May. Economists had forecast a June...
U.S. consumer sentiment continued to rebound in June, beating expectations, according to a report released on Friday.
Metals expert George Gero explains why gold is oversold with CNBC's Jackie DeAngelis and the Futures Now Traders.