| Jul 30, 2013
| 7:41 AM
WASHINGTON -- Consumer confidence dropped this month from a more than five-year high, but still remains well above levels of a year ago, the Conference Board said Tuesday.
The group's index decreased to 80.3 in July from an upwardly revised 82.1 in...
| Oct 25, 2013
| 8:23 AM
WASHINGTON -- A leading barometer of consumer confidence tumbled this month to its lowest level this year as the partial federal government shutdown led to fears the economic recovery would slow down.
The consumer sentiment index from the University...
| Sep 24, 2013
| 1:03 PM
WASHINGTON -- A federal government shutdown or a failure to raise the debt limit -- both of which could happen next month -- would disrupt financial markets and hurt the U.S. economy, Moody's Investor Services warned Tuesday.
A stalemate over increasing...
| Dec 31, 2013
| 7:53 AM
WASHINGTON -- Americans ended the year much more optimistic about the economy, with consumer confidence rebounding strongly in December after tumbling the previous two months because of the partial government shutdown, the Conference Board said Tuesday....
| Sep 13, 2013
| 8:30 AM
WASHINGTON -- Consumer confidence tumbled this month to its lowest level since April amid rising interest rates and sluggish job creation.
The preliminary September consumer sentiment reading Friday from the University of Michigan and Thomson Reuters...
| Jul 16, 2013
| 6:34 AM
WASHINGTON -- Sharply higher prices at the gas pump led to the biggest jump in inflation since the winter, the Labor Department said Tuesday.
The Consumer Price Index rose 0.5% in June after just a 0.1% increase in May. Gasoline prices were the major...
| Jul 15, 2013
| 8:15 AM
Retail sales were mixed in June, buoyed by strong auto and furniture sales but tamped down by high unemployment and taxes, analysts said.
The overall gauge of sales rose 0.4% from May following a revised 0.5% increase the previous month, according to...
| Aug 2, 2013
| 8:55 AM
The U.S. economy added 162,000 jobs in July -- led by hiring in restaurants and retail stores.
Economists had been projecting higher growth based on encouraging economic indicators showing that housing is rebounding quickly, consumer confidence is...
| Oct 25, 2013
| 9:08 AM
UPS expects to move more than 34 million shipments on its peak shipping day this year -- up about 21% from the same period last year.
To handle the increased workload, United Parcel Service announced it will hire 55,000 seasonal workers this holiday...
| Nov 29, 2013
| 1:26 PM
Standard & Poor's downgraded the Netherlands' credit rating on Friday, slicing the list of Eurozone countries holding the top AAA rating to just three.
The Netherlands' ratings downgrade -- to AA+ from AAA -- can be blamed in large part on a...
| Oct 21, 2013
| 7:42 AM
Sales of previously owned homes fell in September, as declining affordability hampered demand, a trade group said.
Existing sales of single-family houses, town homes, condominiums and co-ops dropped 1.9% from August to a seasonally adjusted annual rate...
| Oct 25, 2013
| 10:21 AM
The Food and Drug Administration is proposing new rules to regulate the safety of pet food and animal feed for the first time.
The regulations call for production guidelines that would minimize risks and prevent outbreaks of food-borne illness.