WASHINGTON— Americans were more optimistic about their incomes and personal finances this month, particularly among lower and middle-class households, lifting consumers' outlook. The University of Michigan's consumer sentiment index, released Wednesday, rose to 91.3 in November from 90 in the previous month. "The insistence of consumers on discounts in...» Read More
Former Merrill Lynch co-president Ahmass Fakahany is applying what he learned on Wall Street to his swiftly growing restaurant empire.
Auto industry executives are streaming into New York this week for the auto show. Mike Jackson, chairman & CEO of AutoNation, offers insight.
Burger King is spending about $750 million over the next 12 months to introduce 10 new items across the country. R.J. Hottovy, Morningstar restaurant analyst and Nick Setyan, Wedbush Securities senior equity analyst, weigh in on how to play the fast food space.
Most museum collections depend on the kindness of benefactors who donate only paintings they own or like. At a few lucky institutions, donors have established funds dedicated to new, and important, acquisitions.
Trevor Neilson, president of Global Philanthropy Group, argues that putting a face to big donations inspires others and raises the profile of charitable giving.
Bob Doll, BlackRock chief equity strategist, and Jeffrey Rosenberg, BlackRock fixed income chief investment strategist, discuss BlackRock's quarterly asset allocation report. "I would be overweight emerging markets and overweight the U.S.," says Doll.
The Mega Millions Jackpot now stands at $640M and Richard Lustig, a 7-time lottery winner, discusses what to do if you win.
Sharing perspective on tonight's lottery drawing for $640M and whether investors should safeguard their money in dividend stocks or companies who are buying back shares, with Randy Bateman, Huntington Funds CIO and Barry James, James Advantage Funds president.
Residential real estate in Texas and other central states is a well-oiled machine. Literally — energy production in the central U.S. has helped bolster the region’s economies, and that has translated to the local housing markets.
In cities like Denver, Salt Lake City and Albuquerque, inventory is down, traffic is up and prices are stabilizing.
Sales are up, inventory down, but prices are generally still weak. If you're looking for a success story, however, try Grand Rapids, Mich., Cedar Falls , Iowa and Green Bay, Wis.
Thanks to high gasoline prices, today's home buyers want to be close in. D.C., with so many thriving suburbs and an expansive Metro system, offers ample opportunity.
An improving jobs outlook in Northern California, continued low mortgage rates and the ongoing influx of new residents into the Golden State provide support to a healing housing market.
Tech and financials are vying for the top performing sector this year. Is this where investors should be putting their money? Uri Landesman, Platinum Partners LP, and Gina Sanchez, Roubini Global Economics, discuss.
Nike's suit claims Reebok does not have license to use Tebow's name, with CNBC's Darren Rovell.
Stocks are hitting new highs, but unemployment is still high and gas prices are soaring. Where does the economy and the markets go from here? CNBC's Steve Liesman reports.
Insight on why high-end retailers are still holding up well despite surging gas prices, with Steve Sadove, Saks chairman/CEO.
I am seeing a slowdown from January to March on short-cycle businesses, says Jack Welch former GE chairman/CEO and Jack Welch Management Institute founder. Welch discusses gas prices impacting business and consumer spending, with CNBC's Steve Liesman.
CNBC's Rick Santelli has March consumer confidence data and Richmond Fed Index.
After the false starts of 2010 and 2011, the U.S. economy may finally be on the path toward a strong recovery, Lawrence Summers, former Treasury secretary, wrote in an opinion piece in the Financial Times.