WASHINGTON — U.S. consumer confidence tumbled in July to a reading of 92.6 as coronavirus infections spread in many parts of the country. The Conference Board, a New York research organization, reported Tuesday that its Consumer Confidence Index fell from a June reading of 98.3. The weakness came from a...
US Consumer Confidence Ticked Down in December
BALTIMORE — U.S. consumer confidence slipped ever so slightly in December, as expectations fell about economic growth over the next six months. The Conference Board said Tuesday that its consumer confidence index edged down to 126.5 from November's reading of 126.8. Americans felt largely confident about business conditions this month...
China's Economic Slowdown Deepens, Weighing on Global Growth
BEIJING — China's economic growth sank to a new multi-decade low in the latest quarter as a trade war with the U.S. deepened a slump that is weighing on the global economy. Growth in the world's second-largest economy slipped to 6% in the three months ending in September, down from...
Analysis: Why Is Your Cable Bill So High? The Experts Break It Down
Every month, millions of Americans bemoan the size of their cable bills. It’s quite enraging, too: a cable company like Comcast or Verizon may advertise a certain monthly price for cable, but when you get the bill in the mail, you end up paying a lot more due to all...
US Consumer Spending Posts Big Gains
WASHINGTON — U.S. consumer spending surged 0.9% in March, the biggest gain in nearly a decade, as inflation pressures remain non-existent. The March gain was the biggest monthly increase since August 2009, the Commerce Department reported Monday. That's a marked improvement after three months of lackluster readings in this key...
US Consumers Rattled by Shutdown, Roiling Markets
WASHINGTON — U.S. consumer confidence tumbled this month to its lowest reading in a year and a half, tested by the partial government shutdown and roiling financial markets. Still, consumer spirits remain robust by historic standards. The Conference Board, a business research group, said Tuesday that its consumer confidence index...