*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
The high unemployment and low consumer confidence in the U.S. may have prompted investors to steer clear of consumer-related bets. But one fund manager is taking the opposite view, believing the return of prosperity in America will bolster shares in consumer discretionary stocks.
An outlook on what Petsmart expects in service sales, with Robert Moran, PetSmart CEO, who shares the company's plans for expansion.
Gold has many years left on its bull run, but the precious metal will eventually reach a bubble, famed investor Jim Rogers told CNBC Wednesday.
Breaking down a weaker than expected October's employment data, which is up 104,000 and the unemployment rate at nine percent, with CNBC's Hampton Pearson; Diane Swonk, Mersirow Financial; MarkeZandi, Moody's Analytics; CNBC's Steve Liesman & Rick Santelli.
Discussing an optimistic outlook for the economy and the markets, with Neil Hennessy, Hennessy Funds, and Tom Lydon, Global Trends Investments.
American consumers are still spending, cautiously, but doing so when and where they want, HSN's Mindy Grossman told CNBC Wednesday.
Applications for U.S. home mortgages rose last week, recouping some of the steep decline a week before as demand for both purchases and refinancing perked up, an industry group said on Wednesday.
Emergency repair and insurance group HomeServe has suspended all telephone sales after it launched a review into whether some of its staff could have been mis-selling products.
The American people, not the federal government, should be the ones investing in new businesses that will create jobs, Rep. Spencer Bachus told CNBC Wednesday.
CNBC's Rick Santelli and Diana Olick break down September new home sales data.
America is in the midst of physical decline. Decades of infrastructure neglect are eroding centuries of economic progress. Call it: The Great Regression.
A breakdown of September's durable goods data, with CNBC's Rick Santelli and Steve Liesman.
U.S. consumer confidence unexpectedly dropped in October to its lowest level since March 2009 as consumers fretted about job and income prospects.
"When I look at Zuccotti or McPherson or Grant Park, I’m not surprised the Occupiers don’t have a fixed agenda, writes the best-selling author," adding, "For decades, we’ve been like a tether ball in a schoolyard, pummeled by so much abuse from so many different directions that we’ve just spun around in circles. Now, the Occupiers are stopping the ball."
Discussing the economic worries and rising food prices that are impacting the consumer and a look at how grocery stores are faring, with Craig Herkert, Supervalu Inc. president/CEO.
Bank seizures of US homes fell in the third quarter but an upswing in default notices suggests foreclosures could start to rise again, a report by RealtyTrac said on Thursday.
RIMM shares have jumped 4% because an activist investor is calling for sweeping changes at the company, with Vic Alboini, Jaguar Financial chairman/CEO; CNBC's Scott Wapner and Jon Fortt. Also, discussing the catalyst for Stifel Nicolaus slapping a "buy" rating on shares of IBM, with David Grossman, Stifel Nicolaus.
Business leaders from across the country are gathering this October to dissect a little understood, but enormous part of the US economy — the middle market.
Gold's recent sell-off belies its long term attractiveness and investors should avoid the panic and stay faithful to the precious metal, Dominic Schnider, Commodities expert at UBS Wealth Management told CNBC Thursday.
CNBC's Rick Santelli has the durable goods data from last month and the impact on the markets.