Consumer sentiment unexpectedly fell 1.8 points to 72.7 in January. A Bloomberg survey had forecast an increase to 75. Americans sense that the economy has improved, but they also know rising energy prices are capable of hurtin…
Shoppers didn’t disappoint, buying presents at both low- and high-end prices, from jewelry to shoes. Most analysts predict sales will show year-over-year increases of 3% to 4% on Thursday, when major chains post December figure…
The U.S. economy has strengthened, but not enough for the government to pare down its bond-buying program, according to the latest Fed minutes. In late 2010, investments rose and the job market improved — but the housing marke…
The nation’s second-largest automaker reported a healthy year-over-year sales increase that was led by strong demand for the Edge crossover and the F-Series pickups. Overall, Ford enjoyed its best month of retail sales in 2010….
Consumer confidence unexpectedly fell to 52.5 in December from a revised 54.3 in November, as a sluggish U.S. job market prevented consumers from changing their cautious stance toward the economic recovery.
A Bloomberg survey had expected the index to…