Consumer Confidence News
US retail sales dipped 0.2 pct. in August as auto sales fell
Consumers cut back on their shopping in August by the largest amount in six months as declining auto sales offset gains in other areas. Retail sales fell 0.2 percent last month after a 0.3 percent gain in July, the Commerce Department said Friday. It was the biggest one-month drop since an
Squeeze on UK households continues as wages grow slowly
A day ahead from a keenly awaited Bank of England rate-setting meeting, official figures show that wages in Britain are increasing less than prices pressures
Insider Q&A: Higher pay needed to support stronger growth
Sluggish pay raises have been an Achilles' heel for American workers since the Great Recession ended more than eight years ago — and a major headwind for faster economic growth . As a result, many people are spending less than they otherwise would. That trend, in turn, contributes to slower overall
'This Week' Transcript 8-6-17: Kellyanne Conway, Thom Tillis, Chris Coons
THIS IS A RUSH TRANSCRIPT FOR 'THIS WEEK' on August 6, 2017 and it will be updated. (BEGIN VIDEOTAPE) ANNOUNCER: THIS WEEK with George Stephanopoulos starts right now. GEORGE STEPHANOPOULOS, ABC HOST (voice-over): The president cleans house. SARAH HUCKABEE SANDERS , WHITE HOUSE PRESS SECRETARY: The
Kellyanne Conway: Trump 'plans on being a two-term president'
George Stephanopoulos goes one-on-one with Counselor to the President Kellyanne Conway on "This Week."
With new iPhone in the works, Apple shares headed toward $200
In the 1994 movie “Forrest Gump,” the hapless hero learns that his friend Lt. Dan unwittingly invested their Bubba Gump fortune in shares of Apple, making them both very wealthy men. Though Apple stock has long been more reliable than an undistinguished box of chocolates, it was up and down as
Riding the uptrend in housing construction
After 10 years of under-building, the home construction industry has turned brisk and is gaining momentum as consumers of various ages, motivated by high consumer confidence, seek new places to live. Various indicators show uptrends in different segments of the industry. These include a big
UK Prime Minister Theresa May calls for general election on June 8
"I have just chaired a meeting of the Cabinet, where we agreed that the government should call a general election," May said in brief remarks outside 10 Downing Street on Tuesday.
The case for market pessimism versus optimism
The stock market this year has been a wild ride, ultimately hitting nosebleed heights. The Dow Jones Industrial Average posted 15 record closes between late January and mid-February. When the Dow closing above 21,000 in late February, it matched its fastest 1,000-point ascent ever. This spring has
Trump administration hits the 50-day mark
Time flies: Today marks the 50th day of President Donald Trump 's administration and the halfway point in the storied "first 100 days." More than a week ago, Trump said that he would give himself an A for achievement but a C in messaging, though that self-assessment came before his address to a