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 high unemployment, debt ceiling fears, riots in Greece, earthquakes in Japan and a host of other negative headlines, most of the American consumer related stocks are doing pretty darn well lately.
Why aren’t businesses hiring? There is a lot of analysis about this, but, to get a better understanding, it may be best to work in reverse by looking at the past and figuring out what the relative strength or weakness of conditions are today and then examine which policies, if any, might work.
Gasoline prices should drop more quickly now that governments are stepping in to pump up world oil supplies, but drivers are still unlikely to see last summer's levels below $3 a gallon.
U.S. consumers, hobbled by debt and high unemployment, have been deleveraging, a process that will take another 3 to 5 years, Stephen Roach, Morgan Stanley’s non-executive chairman and the author of The Next Asia told CNBC on Tuesday.
Worries about the economy pose a serious threat to President Obama’s re-election chances, according to a new NBC News/Wall Street Journal poll.
The United States lacks a "fundamental strategy" for being the "most innovative, the most productive, the most competitive country on Earth," former General Electric chairman Jack Welch told CNBC Monday.
Diamonds are, apparently, forever, and they are fetching record prices in the rough.
The market had been expecting Friday’s US jobs data to be weak but the scale of the drop in employment growth in May still took many by surprise.
The auto industry has continued to hire even though the manufacturing sector lost 5,000 jobs in May. Analysis of the future of the auto industry, with William Ford, Ford executive chairman, and CNBC's Phil LeBeau.
The economic data in the US is heading south and investors are beginning to question whether the Federal Reserve will extend its asset-buying program beyond the end of the month.
The high unemployment rate means the Fed's ultra-easy money policies remain the right course of action, top Federal Reserve officials said on Wednesday.
Wall Street is having a hard time figuring out what to do now that the US economy appears to be sputtering and yields are so low, Peter Yastrow, market strategist for Yastrow Origer, told CNBC.
It will forever be known as the place where the United States finally caught up with Osama Bin Laden but the Pakistani garrison town of Abbottabad has been described as the country’s ‘Terrorism Central,’ according to the executive director of the Asia-Pacific Foundation.
Consumer confidence in European markets has been slipping since the start of the year as austerity programs hit home, but if investors want to find fresh and vibrant consumer markets they should perhaps look south to Africa, some experts and investors said.
Will current economic conditions help the market on its way to 13,000? Kimberly Foss, Empyrion Wealth Management, and William Stone, PNC Wealth Management, discuss.
Although hard to quantify, the "Mad Money" host thinks bin Laden's death will impact consumer confidence.
Analysis of the economic data, with Stu Hoffman, PNC Financial; Jim Iuorio, TJM Institutional Services; CNBC's Steve Liesman & Rick Santelli.
Deborah Weinswig, Citi analyst, looks at the retail picture and says department stores are performing very well while the companies that will be hit by rising gas prices are lower-end retailers. Also, Pops & Drops.
Dana Telsey, Telsey Advisory group, discusses winners and losers in the retail sector. So far, she says the discounters are doing very well.