*Consumer spending rises 0.3 percent in July. WASHINGTON, Aug 28- U.S. consumer spending rose in July as households stepped up automobile purchases, offering further evidence of strength in the economy that could keep the door open to a Federal Reserve interest rate hike this year. The Commerce Department said consumer spending, which accounts for more than...» Read More
With most of Europe in a protracted recression and struggling to regain levels of output last seen in 2008, policy from the Obama administration has stopped the world’s largest economy from suffering a similar fate, according to UBS senior advisor George Magnus.
CNBC's Rick Santelli breaks down the latest economic data, including information on the ISM and construction spending.
Discussing whether online travel stocks have more room to run, with Mark Mahaney, U.S. internet analyst at Citigroup, and Jake Fuller, travel & lodging analyst at Lazard Capital Markets.
CNBC's Rick Santelli breaks down the latest data on consumer sentiment.
In Starbucks' conference call, its CEO says the "seismic change" in consumer behavior is "here to stay," with CNBC's Jane Wells. Meanwhile CNBC's Jon Fortt has an update on Amazon earnings and Keith Goddard, Capital Advisors, discusses whether Staples is like a "little Amazon."
CNBC's Jane Wells reports on the coffee giant's earnings forecast and its attempt to perk up profits by venturing into wine and beer, with Keith Siegner, Credit Suisse restaurant analyst.
Apple now accounts for 36% of all profit growth for the S&P 500 this quarter, but Walter Piecyk, BTIG Research analyst explains why he downgraded the company ahead of its earnings. Stephen Volkmann, Jefferies analyst, also discusses his 'buy' rating on Caterpillar.
Stephen Stagner, CEO of Mattress Firm, and Anne Mulcahy, former Xerox chairman & CEO, discuss Mattress Firm's IPO and record earnings results from earlier this week.
The Consumer Price Index rose 0.3% in March, coming in line with estimates. CNBC's Rick Santelli and Michael Darda, MKM Partners, discuss.
The number of people quitting their jobs in February outnumbered the amount of workers that were laid off by companies for the first time since this economic recovery began.
Romance fiction does $1.36 billion in sales each year. CNBC's Courtney Reagan reports from the Romantic Times Booklovers Convention.
Markets are taking a dive into the red. Arthur Cashin, UBS, weighs in. "The bond market seems to be smarter than the stock market," he says.
Assessing whether you should buy dips or take profits, with Savita Subramanian, BofA Merrill Lynch.
Discussing signs that fuel prices may start to recede soon, with Robert Darbelnet, American Automobile Association (AAA).
If gas hits $5 this summer, President Obama will not get re-elected, says Donald Trump, chairman & president of the Trump Organization. He also discusses Bubba Watson's win and taxes.
U.S. equities are just 90 minutes away from reacting to Friday's jobs number, with Constance Hunter, AXA Investment Managers; Lawrence Glazer, Mayflower Advisors; and John Taylor, Stanford University.
John Taylor, Stanford University, says investors should trust in the power of the markets. "The message that government has to do more, is the wrong message," he tells CNBC's Michelle Caruso-Cabrera.
The non-farm payroll number for March is up only 120,000 vs. 240,000 (revised) in February, reports CNBC's Hampton Pearson. The number is far below expectations of 203,000, with Mark Zandi, Moody's Analytics; Rebecca Patterson, JPMorgan Asset Management, Institutional; Diane Swonk, Mesirow Financial; Austan Goolsbee, University of Chicago; and CNBC's Steve Liesman, Joe Kernen and Rick Santelli. Private sector jobs were up 121,000 vs. 233,000 in February. The unemployment rate was 8.2 percent in March vs. 8.3 percent in February. And the average workweek in March was 34.5 hours in March vs. 34.6 hours in February.
Constellation Brands beat Wall Street's expectations when it reported Q4 results this morning. Timothy Ramey, D.A. Davidson & Co., weighs in.
CNBC's Courtney Reagan takes a look at JCPenney's big turnaround plan.