| Mar 27, 2012
| 8:20 AM
Gas that costs nearly $4 a gallon seems to be a consumer confidence-killer, pushing one measure of how Americans feel in March down off a 1-year high.
The monthly index compiled by the Conference Board slipped to 70.2 from 71.6 in February. The small...
| Apr 9, 2012
| 12:36 PM
Venture-capital fundraising in the U.S. plummeted 35% in the first quarter of 2012 – but the industry is hoping investors are just taking a breather before they begin pledging more funds in earnest.
The total pot at the end of the quarter was $4....
| May 11, 2012
| 8:32 AM
Falling energy and gas prices helped keep inflation in check last month and also pushed consumer confidence to a four-year high, according to two reports Friday.
The good news helped mitigate a stock market slump earlier in the day after investors...
| Aug 30, 2012
| 8:43 AM
Consumer spending, a top economic motivator, made its biggest jump in five months – but uncertainty over rising gas prices, still-high unemployment, a looming fiscal cliff and the election threaten to keep growth subdued.
| Jun 15, 2012
| 8:59 AM
With a sense of doom creeping over Europe and labor woes in the U.S., the level of American confidence in June is at a low for the year, according to a preliminary index from Thomson Reuters and the University of Michigan.
The measure fell to 74.1 in...
| Jun 26, 2012
| 9:00 AM
It’s the consumer version of June gloom: Americans this month are the most down and out they’ve been in five months, as hiring and income prospects dim.
An index of sentiment compiled by the Conference Board slid to 62 in June from 64.4 in...
| Jun 29, 2012
| 8:32 AM
The economic recovery is looking increasingly dicey, as consumer spending and confidence both slid to their lowest levels of the year amid tumbling gas prices and a still-grim jobs forecast.
Americans – especially wealthier ones – are feeling...
| Sep 28, 2012
| 8:46 AM
Americans spent more in August than the month before, buying more cars and paying up for gas. But many funded their expenditures by raiding their savings accounts.
Consumer spending, a major contributor to the country’s economic activity, increased...
| Oct 29, 2012
| 12:22 PM
Burger King Worldwide Inc., one of the country’s largest hamburger chains, said its net income tanked 83% in its third quarter, the first time the brand has reported earnings since returning to public trading.
The fast food company was one of...
| Jul 24, 2012
| 5:00 AM
Apple will release its third-quarter earnings after the markets close Tuesday, and -- here's something you don't hear often -- analysts say they aren't expecting blowout results.
Those surveyed by Thomson Reuters estimate Apple will post earnings per...
| Jul 24, 2012
| 1:50 PM
Apple, already facing low expectations for its third-quarter earnings, reported disappointing results that caused shares to plunge in after-hours trading.
The technology giant said profit rose 21% to $8.8 billion, or $9.32 per share, on revenue of $35...