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
Despite demand for gold falling to 17 percent in the second quarter compared to the same period in 2010, the World Gold Council says that full-year demand will increase because of a rush to safe haven assets as market volatility has ramped up.
The Obama administration has focused on quick fixes that have done little to fix the intractable problems facing the U.S. economy, Stamford Economics Professor Edward Lazear told CNBC Wednesday.
Caterpillar CEO Doug Oberhelman said if President Barack Obama is serious about job creation, he should start with getting free-trade agreements signed with Panama, Colombia, and South Korea.
Discussing President Obama's meeting with CEOs, and the best ways to play the volatility, with CNBC's Eamon Javers; Craig Columbus, Advanced Equities Asset Management; Robert Pavlik, Banyan Partners; and CNBC's Ron Insana.
Discussing what's behind today's market rebound, with Jack Caffrey, J.P. Morgan Private Bank; Oscar Carboni, Omni Trading Academy, and John Silvia, Wells Fargo.
The volatility index is impacting the individual investor. Insight with Fredric Tomczyk, TD Ameritrade CEO.
The slump in stock markets this week offers investors an opportunity to make money on good companies dragged down by negative sentiment, an analyst told CNBC on Wednesday.
Investors woke up Monday to a world in which America is seen as a greater credit risk than anytime in recent history, and they didn't like what they saw. The conversation around why we were downgraded can get as wonky as we want, but let’s not get caught up in the weeds. We are where we are because the problem is simple: Our country spends far more than it takes in—trillions more.
Goldman Sachs, in a bearish forecast, expects 2 percent growth in the U.S. for the next few quarters and a "significant risk, one in three, that we will go back into recession," senior economist Jan Hatzius told CNBC Friday.
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.
Research In Motion on Wednesday unveiled five new BlackBerry phones with touchscreens, as it hopes to revive the line's dwindling appeal in the face of competition from the iPhone and Android smartphones.
The current low rate of GDP (gross domestic product) growth in the United States indicates that the world's largest economy is headed for another recession, according to Anthony Doyle, Director of Investment Specialists M&G Investments.
German retail group Metro saw sales grow only marginally in the second quarter, led by its emerging markets business, as weak consumer spending in Western Europe weighed on its results.
Don't look to the Federal Reserve to offset the damage if the debt ceiling isn't raised by Aug. 2, two regional Fed presidents told CNBC Friday. However, they say the Fed may have options down the road to offset any damage to the U.S. economy.
French retail and luxury group PPR page90PPR-FRfalsefalse43pricetruefalsefalsefalse0QuotefalsetrueChartfalsetrueNewsfalsetrueProfilefalsetrueAdd to Watchlistfalsetruetruehttp://api-cdn.cnbc.com/api/chart/chart.aspGE4true3 on Friday posted forecast-beating first-half sales and profits, pulled by the strong growth of its luxury brands in major markets such as China.
CNBC's Melissa Francis looks at the week's top business news and investing advice, including sovereign debt plays and tech stocks.
Gold is likely to hit $1,650 an ounce by the end of the year and could even hit $1,700, according to one analyst.
Wealthy Americans, who are expected to increase their spending on luxury items by 8 percent to $359 billion this year, are no longer embarassed at flaunting their wealth despite an economic slowdown which has caused hardship on many who have lost their jobs, David Arnold, publisher of luxury magazine the Robb Report told CNBC.
France's Casino warned archrival Carrefour on Monday that a merger of its Brazil unit and the country's biggest retailer, Grupo Pao de Acucar, could not go ahead without its consent.
The week's top business news and investment advice, including end of QE2 plays, European equities, financial favorites and more.