Result Page 362 for Archives

U.S. consumer sentiment at eight-year high

U.S. consumer sentiment rose in December to a near eight-year high on improved prospects for jobs and wages and on lower gasoline prices, a survey released on Friday showed.

Dec 12, 2014 2:12 PM EST

Markets

Crude rout hits stocks; safe-haven assets sought

The relentless slide in oil prices pressured energy stocks and currencies exposed to crude exports on Friday, while dousing the appetite for riskier assets and encouraging investors to seek safety in core government bonds.

Markets

After years of doubts, Americans turn more bullish on economy

Pessimism and doubt have dominated how Americans see the economy for many years. Now, in a hopeful sign for the economic outlook, confidence is suddenly perking up.

Markets

Pacific trade pact chances 'significantly' better than 50-50: Obama

Chances that U.S. negotiators can bring home a strong trade deal with Asia-Pacific countries are now much better than 50-50, U.S. President Barack Obama said on Thursday.

Dollar, stocks rebound on strong U.S. data

The dollar and global equity markets rebounded Thursday after three days of declines, spurred by strong U.S. retail sales and declining jobless claims that signaled the U.S. economy could weather weak oil prices and a likely interest rate hike next year.

Dec 11, 2014 3:06 PM EST

Solid U.S. retail sales point to firming economic recovery

Jack Reed can see the recovery taking hold at his family's 109-year-old clothing store in Tupelo, Mississippi, with sales buoyed in part by the paychecks tied to a Toyota plant up the road and rising confidence that the jobs are here to stay.

Dec 11, 2014 3:03 PM EST

Wall Street jumps more than 1 percent on data after three-day slump

U.S. stocks bounced back on Thursday, with all three major indexes surging more than 1 percent, as data pointed to a strengthening U.S. economy and boosted optimism about holiday spending.

Dec 11, 2014 3:01 PM EST

Fed's debate shifts from lift-off to long march to normal

For the Federal Reserve, deciding when to raise rates for the first time in nearly a decade has become the easy part.

Dec 11, 2014 2:59 PM EST

Stronger economy helps trim U.S. budget deficit

The U.S. federal budget deficit narrowed in November, helped by a strengthening economy that boosted tax receipts during the month, Treasury Department data showed on Wednesday.

Dec 10, 2014 3:39 PM EST

You may already be too late for hottest holiday toys

If you still have Disney's Frozen Castle and Ice Palace Playset on your holiday gift list this year, you may already be out of luck.

Dec 10, 2014 3:37 PM EST

Shares fall on oil's five-year low; dollar slides

Oil prices slumped to five-year lows on Wednesday and U.S. and European equity markets fell as investors worried about the Greek and Chinese economies withdrew from riskier positions and bought Japanese yen, which rose against the U.S. dollar.

Dec 10, 2014 3:26 PM EST

U.S. third-quarter growth likely to be revised higher on services data

U.S. economic growth was likely stronger in the third quarter than previously reported, according to data on Wednesday that showed spending on services expanding at a brisk clip.

Dec 10, 2014 3:24 PM EST

Shares fall on oil drop, Greek political turmoil

Investors sold equities worldwide on Tuesday after China's market posted its worst day in five years and oil prices fell to levels not seen since 2009.

Dec 09, 2014 3:23 PM EST

Canceling a hotel reservation last-minute could cost you

When it comes to changing hotel reservations, the concept of 'last-minute' is about to get a bit longer.

Dec 09, 2014 3:20 PM EST

Abercrombie CEO Jeffries steps down as company seeks new look

Abercrombie & Fitch Co (ANF.N) Chief Executive Michael Jeffries, who transformed the teen apparel retailer from a drab sports brand into a fashion icon before running afoul of shoppers and investors, has stepped down after over two decades at the helm.

Dec 09, 2014 3:18 PM EST

ECB's Praet says would have cut interest rates at last meeting if possible

The European Central Bank would probably have cut interest rates at its last meeting if they had not already been at the zero limit, European Central Bank chief economist Peter Praet said on Tuesday.

Dec 09, 2014 3:16 PM EST