WASHINGTON— U.S. consumers welcomed the new year with a surge in confidence. The Conference Board reported Tuesday that its consumer confidence index climbed this month to 102.9, highest level since August 2007— four months before the start of the Great Recession. "Consumers started the year in a buoyant mood," Andrew Hunter, an analyst at Capital Economics, wrote...» Read More
Insight on whether the recent economic data shows the U.S. economy is growing, with Lakshman Achuthan, Economic Cycle Research co-founder/chief operations officer, who says GDP growth peaked in Q3 in 2010 and fell by Q2 2011, and have flat-lined since then and the U.S. Coincidence index has fallen, which usually indicates a recession to follow.
The second largest U.S. discount retailer beat on both the top and bottom lines, while projecting full-year earnings that far exceeded the Street's estimates, with Colin McGranahan, analyst at Bernstein.
Terry Lundgren, Macy's president & CEO, discusses the impact of rising oil prices on consumer spending habits in 2012.
Steve Sadove, Saks chairman & CEO, discusses Saks' strong fourth quarter.
CNBC's Rick Santelli & Steve Liesman have the numbers from January CPI, up .2 percent.
Home builder confidence soars to a four year high, and refis go through the roof. What's fueling the optimism? CNBC's Diana Olick, has the details.
Insight on Kellogg's agreeing to buy Pringles from Procter & Gamble for $2.7 billion, with John Bryant, Kellogg CEO.
Insight on bond yields now, with CNBC's Rick Santelli.
Insight on why shares of Avis have been rallying, with Fred Lowrance, Avondale Partners.
When foreclosures were fast and furious, some cities experienced more than their share of the pain. Check out which American cities made this year’s list of the top 10 turnaround towns.
Ralph Lauren is gaining momentum in handbags and footwear, says Michael Binetti, UBS analyst.
Bonds will continue their selloff, says Jim Iuorio, TJM Institutional Services and CNBC's Rick Santelli. "People are pricing in more volatility," says Iuorio.
Mark Luschini, Janney Montgomery Scott, and Keith McCullough, Hedgeye Risk Management, discuss whether recent market optimism is justified.
Fred Tomczyk, TD Ameritrade president & CEO, discusses the outlook on retail trades and investor sentiment.
CNBC's Steve Liesman has the details on new data out on the consumer. The RBC survey shows consumers outlook is still well below the recessionary levels.
The main ingredient to the economic recovery, aside from stabilization in housing, is a healthy increase in incomes.
Weighing in on broader market indexes and how they are impacted by housing economic data and Europe, with Michael Gurka, Spectrum Asset Management
Consumer confidence retreated in January after two straight months of big gains, a private research group said Tuesday.
CNBC's Rick Santelli has the numbers from University of Michigan's consumer sentiment in January.
Companies are repurchasing shares at levels not seen since before the financial crisis, but most buybacks don’t pay off for shareholders, a new report says.