| Nov 8, 2013
| 7:48 AM
WASHINGTON -- Consumer confidence fell this month to its lowest level in nearly two years, surprising analysts who expected a rebound from the recent shutdown-induced downturn in American's view of the economy.
The preliminary consumer sentiment index...
| Sep 13, 2013
| 5:57 PM
Teen apparel brands have been losing their shirts, and it's not a fashion choice.
Against a backdrop of prolonged consumer stinginess, reinforced Friday by reports of a scant monthly increase in August retail sales, an anemic back-to-school...
| Sep 16, 2013
| 10:59 PM
Temperatures are beachside-balmy. Most Americans haven't thought about their Halloween costumes. Parents are still in back-to-school mode.
But retailers already have visions of profit dancing in their heads.
Kmart aired its first holiday ad last week,...
| Sep 17, 2013
| 8:20 AM
Beginning in 2011, about three dozen people in Tokyo have been meeting every Sunday morning at 6 a.m. on a mission to scrub down, one by one, the city's grungiest public rest rooms. “By 7:30,” according to an Associated Press reporter who...
| Sep 17, 2013
| 9:30 AM
Inflation has been tamed in South Florida with prices increasing only 0.6 percent in the last year, the U.S. Bureau of Labor Statistics said Tuesday.
Housing, up 1.6 percent, accounted for much of the price increases in Broward and Miami-Dade counties...
| Jan 1, 2014
| 4:00 AM
Consumer confidence is on the rebound.
The Conference Board Consumer Confidence Index increased to 78.1 in December from 72.0 in November, the Conference Board said.
The monthly consumer confidence survey looks at what consumers buy and watch....
| Sep 22, 2013
The excited voices on CNBC radio riveted financial adviser John Bacci's attention as he drove to Chestertown five years ago for a routine client visit.
The stock market was in freefall that Sept. 29 after Congress rejected a $700 billion rescue of the...
| Sep 24, 2013
| 11:23 AM
Florida’s consumer confidence continued to decline in September for a fourth month, although the drop was slight, according to a University of Florida survey released Tuesday.
Floridians' overall mood this month was down only a point to 76, ...
| Sep 25, 2013
| 10:53 AM
WASHINGTON — Facing a “precarious financial condition” as fewer customers use its services, the United States Postal Service proposed another round of rate increases Wednesday to go into effect in January — its largest price hike...
| Sep 26, 2013
| 6:44 PM
Home buyers fearing a rapid rise in interest rates got a reprieve this week as rates dipped sharply, hitting their lowest level in two months.
The decline owes primarily to last week's announcement that the Federal Reserve would continue its massive...
| Sep 27, 2013
| 12:30 PM
A reader writes: "My CD is maturing next month. What are my alternatives in this low interest world?" I field this question at least once a week and all I can think is, "Pity the poor saver!"
To boost the economy, the Federal Reserve has been slashing...