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US: Consumer Services

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  • Consumers Put $19.3 Billion on Credit In December Tuesday, 7 Feb 2012 | 4:11 PM ET
    Credit Cards

    Consumer borrowing rose by $19.3 billion in December after a $20.4 billion gain in November, the Federal Reserve said Tuesday. The two increases were the biggest monthly gains in a decade.

  • US Holiday Electronics Sales Drop 5.9 Percent Sunday, 8 Jan 2012 | 4:54 PM ET
    Consumer Electronics Show Logo

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  • For Many Americans, Jobs Crisis to Last Many Years Saturday, 7 Jan 2012 | 2:39 PM ET
    Unemployment Line

    Despite an upswing in hiring during 2011, the jobs crisis could last many more years as millions of Americans struggle to find work.

  • Solid Holiday Sales for Retailers, Despite a Few Misses Thursday, 5 Jan 2012 | 11:48 AM ET
    A customer purchases the Amazon.com Inc. Kindle Fire tablet computer at a Best Buy Co. store in New York, U.S., on Tuesday, Nov. 15, 2011. Amazon.com Inc.

    Most U.S. retailers turned in solid finish to the holiday season, despite bargain-hungry consumers who put off their holiday shopping until the last-minute in order to snag the very best deals, and mild temperatures, which dampened demand for winter apparel.

  • Best Buy Cancels Some Orders Ahead of Christmas Friday, 23 Dec 2011 | 10:03 AM ET
    Best Buy

    The largest U.S. specialty electronics retailer said late Wednesday that "overwhelming demand for some products from Bestbuy.com has led to a problem redeeming online orders made in November and December.

  • When the Most Wonderful Day of the Year Comes Late Wednesday, 14 Dec 2011 | 9:54 AM ET
    Women holiday shopping

    Some people have always postponed Christmas celebrations because their jobs don't pause for the holiday. But in the weak economy, folks are delaying Christmas for another reason: money.

  • Shoppers Say 'Ho-Hum' Not 'Ho-Ho-Ho' to Sales Wednesday, 7 Dec 2011 | 10:29 AM ET

    Used to be, customers would come running when stores cut prices. But these days, more Americans are becoming blase about bargains.

  • Cyber Monday

    U.S. shoppers are still spending heavily online after a record-busting "Cyber Monday," research firm comScore said.

  • Holiday Weekend Sales Rose 1.9%: ShopperTrak Friday, 2 Dec 2011 | 9:29 AM ET
    Target Corp. employees restock merchandise while customers shop at a Super Target store in Denver, Colorado.

    Stores may have attracted shoppers early with fat discounts last week, but the shopping bonanza came with a price, according to data released by a research firm late Thursday.

  • Wal-Mart Poised to End Nine Quarters of Sales Declines Wednesday, 12 Oct 2011 | 10:18 AM ET
    A sign advertising $10 dollar toys is seen in the toy department of a Walmart store.

    Wal-Mart Stores said it is finally poised to end its nine straight quarters of declining sales at stores open at least a year in its core U.S. business, SW Retail Advisors analyst Stacey Widlitz told CNBC.

  • P&G CEO Says Company Aiming Higher Tuesday, 11 Oct 2011 | 1:53 PM ET
    Crest

    Procter & Gamble's CEO assured shareholders Tuesday that the company is aiming higher than its latest results.

  • Avoiding Hidden Credit and Debit Card Fees Friday, 7 Oct 2011 | 2:23 PM ET
    Master Card

    In September 2011, Bank of America announced that it would charge customers a monthly fee of $5 for debit card use.  Consumers may be unhappy with the decision, but they’re already paying fees on their credit and debit cards all the time. Here are some things to watch out for to avoid paying extra fees on credit and debit cards.

  • Retail Sales Topping Estimates, Despite Growing Caution Thursday, 6 Oct 2011 | 11:24 AM ET
    A man shops at the Abercrombie & Fitch store in the San Francisco Shopping Center in San Francisco, California.

    Amid slumping consumer confidence, shoppers remained resilient, but retailers were reporting mixed results for September.

  • Fed's 'Twist': Not Much for Consumers to Shout About Thursday, 22 Sep 2011 | 10:35 AM ET
    retired couple paperwork

    The Federal Reserve's latest attempt to boost the economy may have a mixed impact on consumers. Some will be helped by lower rates on mortgages and other fixed-rate loans, but savers may see their interest income fall.

  • Consumer Price Index: CNBC Explains Thursday, 4 Aug 2011 | 11:34 AM ET

    Americans often check their receipts to make sure they've bought everything they need, and probably to see if what they paid this time is any different from the last trip. The government does the same with the Consumer Price Index. Here are the details. 

  • Restaurants Like, Even Court ‘Lunatic Customers’ Saturday, 23 Jul 2011 | 10:49 AM ET
    Fork and knife, place setting on money, cutlery on napkin with plate, expensive food

    Restaurant groupies have always been around, but they're more valuable at a time when the economy is forcing consumers to choose carefully when they eat out, and a few online posts can inform the opinions of thousands.

  • Taiwan Funeral Service Provider a Good Pick: Pro Wednesday, 13 Jul 2011 | 1:22 AM ET

    Taiwan's columbaria products and funeral services provider Lung Yen Life Service, which recently invested $40 million to set up a subsidiary in China, has an analyst bullish on its future earning prospects.

  • Consumer Borrowing Rises for Eighth Straight Month Friday, 8 Jul 2011 | 3:20 PM ET
    Credit Card Statement

    Americans borrowed more in May for the eighth straight month and used their credit cards more for only the second time in nearly three years.

  • Retailers' June Sales Solidly Outpace Wall Street Views Thursday, 7 Jul 2011 | 10:47 AM ET
    Woman selecting clothes from rail in shop

    Many retailers outpaced Wall Street estimates for monthly sales in June, according to early reports out Thursday.

  • Best Buy Boosts Dividend, Approves $5 Billion Buyback Tuesday, 21 Jun 2011 | 8:21 AM ET

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