JPMorgan Averts CEO/Chair Job Split in Early Count
Consumer Confidence
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Find out why this pro trader sees more trouble for gold.
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Find out why this pro trader sees more trouble for gold.
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NEW YORK, May 17- U.S. consumer sentiment rebounded in early May to the highest level in nearly six years, an encouraging sign after recent data that has suggested economic growth is cooling. We expect that this is going to be a very long and gradual recovery, "said Scott Brown, chief economist at Raymond James in St. Petersburg, Florida.
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NEW YORK, May 17- U.S. consumer sentiment rebounded in early May to the highest level in nearly six years as Americans felt better about their financial and economic prospects, particularly among upper-income households, a survey released on Friday showed.
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*University of Michigan consumer sentiment data, leading indicators on tap. *J.C. Penney dips after earnings. Data expected on Friday includes the Thomson Reuters/ University of Michigan Surveys of Consumers preliminary May consumer sentiment index at 9:55 a.m..
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*J.C. Penney dips after earnings. *Kansas City Southern to join S&P 500. *Data expected on Friday includes the Thomson Reuters/ University of Michigan Surveys of Consumers preliminary May consumer sentiment index at 9:55 a.m..
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Neil Dutta is head of U.S. economics at Renaissance Macro Research, and he really disagrees with what Jim Iuorio tells him about the Fed's involvement in the housing market. Watch him explain to Iuorio why he's wrong. With CNBC's Jackie DeAngelis and the Futures Now Traders.
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Peter Schiff of Euro Pacific Capital said Japan will have to print more and more money, which will lead to a record-high price for gold. With CNBC's Jackie DeAngelis and the "Futures Now" traders.
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Analysts have been forecasting difficult times for the video game industry. But Take Two has managed to buck that outlook. Strauss Zelnick, chairman & CEO at Take-Two Interactive, explains how.
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James West of the Midas Letter says that gold is a way better bet than 10-year Treasurys, with CNBC's Jackie DeAngelis and the Futures Now Traders.
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RBC's Robert Sluymer says that investors are better off selling the S&P than buying in -- and the reason is all in the chart, with CNBC's Jackie DeAngelis and the Futures Now Traders.
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Adrian Schmidt, FX strategist at Lloyds Bank, expects the U.S.'s recovery to strengthen but warns that "it won't break any record".
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Thanks to more efficient operations and compelling product, both consumers and investors are falling back into the Gap, reports CNBC's Courtney Reagan.
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Retail sales rose unexpectedly last month, up a tenth of a percent. Stacey Widlitz, S.W. Retail Advisors, weighs in.
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The Supreme Court has given seed companies a big boost today, CNBC's Jane Wells reports.
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Sticking to business in the US and not expanding overseas could be a recipe for success, reports CNBC's Seema Mody.
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Anthony Grisanti and Jim Iuorio agree that gold is setting up for a big move -- they just disagree on which way it will go! Watch them do battle on whether gold will crash or rally. With CNBC's Mandy Drury and the Futures Now Traders.
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Famed technician Louise Yamada says now that the S&P has surpassed its 2000 and 2007 highs, we could be in the new phases of a structural bull market, with CNBC's Mandy Drury and the Futures Now Traders.
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Richard Perks, director of retail research at Mintel International, tells CNBC that confidence among consumers has been on a very slow long-term upwards trend for about two years.
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On "Futures Now," Doug Kass tells Amanda Drury why his prediction of a market correction hasn't materialized yet. (1:15)
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Gold has gotten killed this year, but Goldcorp CEO Charles Jeannes reveals the key reason why gold will bounce back, with CNBC's Mandy Drury and the Futures Now Traders.