The Consumer Confidence Index rose in June to 118.9, despite expectations for it to drop, The Conference Board announced Tuesday.
WASHINGTON— U.S. consumers became more confident in June— with more Americans pleased by current conditions but slightly less hopeful about what the next six months hold. Measures of consumer sentiment began to climb after Donald Trump was elected president in November, but the stronger confidence hasn't led to dramatically higher spending so far.
LONDON, June 27- British consumer confidence plunged during the political crisis sparked by Prime Minister Theresa May's election flop, hitting the sales of general retailers such as Debenhams just as shoppers' spending power is undermined by the pound's fall. Two major surveys showed confidence among British consumers and retailers had fallen back to...
*Thomson Reuters/ INSEAD Asian Q2 sentiment index 74 vs 70 Q1. SHANGHAI, June 21- Business confidence in Asia rose to a three-year-high in the second quarter of the year, propelled by a slew of favourable economic data across the region and easing concerns over the health of China's economy, a Thomson Reuters/ INSEAD survey showed. The Thomson Reuters/ INSEAD Asian...
Mark Bittman, "New York" columnist and cookbook author, shares his thoughts on Amazon's acquisition of Whole Foods.
Morgan Stanley's Adam Jonas expects a large drop in used car prices, due partly to advances in technology.
NEW YORK, May 30- The dollar fell against most currencies on Tuesday, weighed by a drop in U.S. "There is a whiff of risk aversion about the markets," said Shaun Osborne, chief FX strategist at Scotiabank in Toronto, after Japan's Nikkei dropped, European stocks fell and U.S. equity indexes slid. In the euro zone, falls in inflation in Spain and several German regions as...
The index last fell to 120.3 in April, according to monthly data from The Conference Board.
CNBC's Rick Santelli reports the latest read on consumer confidence
While stocks are trading at record levels, helped by strong first-quarter corporate earnings, investors are keeping a close eye on data as well as political developments in Washington. The U.S. Conference Board is likely to report that its consumer confidence index was little changed in May. "We are expecting confidence to slip as the political turmoil in...
May 30- U.S. stock index futures were little changed on Tuesday, after the three-day holiday weekend, as investors awaited economic data for clues regarding the health of the economy. The data, released by the Commerce Department, is due at 8:30 a.m. ET. *The U.S. Conference Board is likely to report that its consumer confidence index was little changed in May.
Lamborghini is taking stock of its audience and the available technology to compete with self-driving cars, USA Today reports.
WASHINGTON, April 25- U.S. consumer confidence fell from a more than 16- year high in April, but a surge in new home sales to an eight-month high last month suggested underlying strength in the economy despite an apparent sharp slowdown in growth in the first quarter. Consumers also have more jobs and are getting higher wages, so they will likely increase their...
WASHINGTON, April 25- U.S. consumer confidence fell from a more than 16- year high in April, but a surge in new home sales to an eight-month high last month suggested underlying strength in the economy despite an apparent sharp slowdown in growth in the first quarter. The dip in confidence is likely related to last month's failed attempt by Republicans in the House...
The index last climbed to 125.6 in March, according to monthly data from The Conference Board.
CNBC's Rick Santelli reports the latest read on new home sales, the consumer confidence index from the Conference Board and the Richmond Fed Index.
CNBC's Steve Liesman takes a look at the disconnect between hard and soft economic data.
NEW YORK, April 13- U.S. Treasury yields hit session highs on Thursday, pulling further from near five-month lows, in the wake of a University of Michigan survey that showed U.S. consumer sentiment unexpectedly improved in early April. It touched 2.218 percent earlier Thursday, which was the lowest since Nov. 17.
Whole Foods is down more than 2 percent Tuesday following a nearly 10 percent jump Monday after Jana Partners disclosed it took a 9 percent stake.
CNBC's Steve Liesman looks at consumer spending and consumer confidence, and how it impacts the markets.