The University of Michigan said Wednesday that its index of consumer sentiment rose to 88.8 in November from 86.9 in October. Consumers are more optimistic that their incomes will increase, the Michigan survey found, but their expectations are modest: Respondents expect their incomes will increase 1.1 percent over the next 12 months. Yet the Michigan survey...» Read More
With declining categories such as GPS devices and computers, no new must-have videogame console, and little buzz beyond tablets as the next big must-have gadget, consumer electronics is poised to have a blue holiday.
For bargain hunters on the prowl for the best deal, Black Friday and Cyber Monday are no longer an either-or proposition — and that’s a huge plus for consumers.
Wealthy Americans may appear to the masses as a unified group, but there is divergence in the attitudes of the rich toward holiday spending this year – which means that the key to how the holiday season unfolds may rest in the hands of the wealthiest.
With the poor job market and uncertain recovery, hundreds of thousands of Americans have put off moving out on their own — and that's depriving the economy of a lot of activity. The New York Times reports.
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.