Latest Consumer confidence News

FILE - In this Jan. 10, 2020, file photo specialist Meric Greenbaum, center, works at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Jan. 16. (AP Photo/Richard Drew, File)

Global stocks inspired by US rally, hopes for Chinese growth

Jan. 17, 2020 7:54 AM EST

Global stocks rose Friday, seemingly buoyed by high spirits on Wall Street, as new data suggested China's economic slowdown may have stabilized and Washington and Beijing signed a trade deal. European indexes were broadly higher, while markets in Shanghai, Tokyo and Hong Kong closed with gains, after the U.S.'s...

In this Jan. 9, 2020, photo pick-up trucks are lined up for sale on the sales lot at Betley Chevrolet dealership in Derry, N.H. On Thursday, Jan. 16, the Commerce Department releases U.S. retail sales data for December. (AP Photo/Charles Krupa)

Confident consumers lift US retail sales in December

Jan. 16, 2020 9:32 AM EST

WASHINGTON (AP) — U.S. retail sales rose at a solid pace last month, evidence that Americans were willing to spend during the winter holidays after a sluggish November. The Commerce Department said Thursday that retail sales increased 0.3% in December from the previous month. Excluding sales at car dealers...

China auto sales fall again in 2019 amid trade war

Jan. 13, 2020 6:42 AM EST

BEIJING (AP) — China's auto sales fell for a second year in 2019 as a trade war with Washington and an economic slowdown depressed consumer confidence and demand for electric vehicles weakened, an industry group reported Monday. The downturn is squeezing global and Chinese automakers that are spending...

FILE - In this Dec. 16, 2019, file photo a shopping district is decorated for the holidays in Santa Clarita, Calif. On Tuesday, Dec. 31, the Conference Board reports on U.S. consumer confidence for December. (AP Photo/Marcio Jose Sanchez, File)

US consumer confidence ticked down in December

Dec. 31, 2019 10:34 AM EST

BALTIMORE (AP) — 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...

This Week: Home sales, consumer confidence, Fed minutes

Dec. 30, 2019 1:10 AM EST

A look at some of the key business events and economic indicators upcoming this week: HOUSING MARKET BELLWETHER The National Association of Realtors issues its November tally of pending U.S. home sales Monday. The trade group's pending home sales index, which measures the number of purchase contracts signed, fell...

FILE- In this Nov. 29, 2019, file photo customers shop at a Kohl's store in Colma, Calif. On Friday, Dec. 13, the Commerce Department releases U.S. retail sales data for November. (AP Photo/Jeff Chiu, File)

Holiday shopping off to slow start, US retail sales up 0.2%

Dec. 13, 2019 10:03 AM EST

WASHINGTON (AP) — U.S. retail sales rose at a modest pace in November as the holiday shopping season appeared to have a slow start. The Commerce Department said Friday that retail sales increased a seasonally adjusted 0.2% in November, down from 0.4% in the previous month. Healthy car sales lifted the...

A currency trader talks on the phone at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Dec. 9, 2019. Asian shares were mostly higher Monday cheered by a buying mood on Wall Street that came at the end of last week. (AP Photo/Ahn Young-joon)

Asian shares rise after buying mood on Wall Street ends week

Dec. 9, 2019 12:18 AM EST

TOKYO (AP) — Asian shares were mostly higher Monday, cheered by a wave of buying late last week on Wall Street that was spurred by strong U.S. jobs numbers and optimism over China-U.S. trade. Japan's benchmark Nikkei 225 edged up 0.4% in early trading to 23,439.13, while Australia's S&P/ASX 200 added...

FILE - In this Nov. 9, 2019, file photo a woman looks through holiday wreathes on sale at a retail store during in Pembroke Pines, Fla. On Tuesday, Nov. 26, the Conference Board reports on U.S. consumer confidence for November. (AP Photo/Brynn Anderson, File)

Consumer Confidence still high despite November decline

Nov. 26, 2019 10:55 AM EST

WASHINGTON (AP) — U.S. consumer confidence declined slightly for a fourth consecutive month, but it remains elevated with the holiday shopping season ramping up. The Conference Board said Tuesday that its consumer confidence index ticked down to 125.5 in November from October’s 126.1 reading....

FILE - In this Oct. 11, 2019, file photo, Chinese Vice Premier Liu He, center right, shakes hands with U.S. Trade Representative Robert Lighthizer, center left, after a minister-level trade meeting at the Office of the United States Trade Representative in Washington. China’s Commerce Ministry says the lead envoys in trade talks between China and the U.S. spoke on the phone and agreed to continue to work toward a preliminary agreement for resolving their tariff war. (AP Photo/Jose Luis Magana, File)

Asian shares mixed following Wall Street rally

Nov. 25, 2019 10:17 PM EST

TOKYO (AP) — Asian shares were mixed after an upbeat start Tuesday on optimism over U.S.-China trade talks, prompted by Beijing’s new guidelines for the protection of patents and copyrights. Japan’s benchmark Nikkei 225 advanced 0.6% in morning trading to 23,431.74. Australia’s...

FILE - In this Nov. 20, 2019, file photo specialist Anthony Rinaldi, left, and trader Michael Urkonis work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Monday, Nov 25. (AP Photo/Richard Drew, File)

US stocks move higher following signs of trade progress

Nov. 25, 2019 1:58 PM EST

NEW YORK (AP) — Stocks moved higher in afternoon trading on Wall Street Monday following renewed optimism for a trade agreement and several blockbuster deals. China issued new guidelines late Sunday for protecting intellectual property, which has been a key concern for foreign investors and a sticking...