Germany’s forward-looking GfK consumer climate survey rises for SeptemberFRANKFURT — German consumers’ confidence in their economy — Europe’s largest — continued to rise as growth and income expectations for September increased from August, a leading survey said Thursday. Durable goods orders increase by most in 2 years in July, driven by autos and aircraftWASHINGTON — Orders for durable goods rose last month by the largest amount in two years, as the manufacturing sector rebounded from the depths of the recession. July new home sales expected to rise for 4th straight month, durable goods seen up 3 percentWASHINGTON — Americans’ pessimism about the economy appears to be lifting, with consumer expectations for the next six months hitting their most positive point since the recession began. And a national gauge of home prices has posted its first quarterly increase in three years. Consumer sentiment up more than expected in August; housing market also shows signs of lifeWASHINGTON — Americans’ pessimism about the economy appears to be lifting, with consumer expectations for the next six months hitting their most positive point since the recession began. Even cheap stuff put on layaway for back to school, casting cloud over holiday shoppingNEW YORK — To gauge consumers’ strain, look no further than the rows and rows of plastic bags awaiting layaway payments at Kmart. They are filled with back-to-school basics — not just T-shirts and jeans but notebooks, magic markers and pencils. Short attention spans keep investors looking for latest economic report to drive stocksNEW YORK — Investors need to make a decision in the coming days: Should they trust Ben Bernanke’s encouraging words about the future, or give in to worries about weak consumer spending? Treasury prices close mixed on Philly Fed, jobless reports and new auction detailsNEW YORK — Treasury prices were mixed Thursday as investors sorted through a batch of data that pointed toward an economic recovery — and some that raised more questions about employment and consumer spending. Summary Box: Weak job market could dampen consumer spending and hamper recoveryWHAT HAPPENED?: New jobless claims rose for the second straight week, disappointing analysts who were expecting a drop. At the same time, an index of leading economic indicators and a regional manufacturing index rose, providing more evidence that the economy may be recovering. Treasury prices little changed on mixed economic signs; after new auction details announcedNEW YORK — Treasury prices were mixed Thursday as investors sorted through a batch of data that pointed toward an economic recovery — and some that raised more questions about employment and consumer spending. Weak job market could dampen consumer spending and hold back an economic recoveryWASHINGTON — The job market is thawing at a snail’s pace, raising doubts about whether consumer spending will become vigorous enough to sustain an economic recovery anytime soon. Stocks moderately lower amid concerns over global economy, weak consumer spendingNEW YORK — Uncertainty about the global economy is sending stocks lower once again. Stocks slide in early trading on concerns about consumer spending, weak overseas marketsNEW YORK — Uncertainty about the global economy is sending stocks lower once again. Investors push into safety of the dollar on continued worries about consumer spending, economyNEW YORK — The dollar rose Monday as investors continued to worry about consumer spending, while the Federal Reserve said most banks expect their lending to remain tight through the second half of next year. Stocks plunge on concerns about consumer spending; Dow Jones industrials fall 186NEW YORK — Investors are finding out what everybody else already knew: The consumer isn’t going to spend the economy into recovery. Stocks plunge on concerns about consumer spending; investors push into safety of TreasurysNEW YORK — Investors’ rising fears about consumer spending are turning stocks into a risky investment again. Worries about consumer spending drive investors to the haven of the US dollarNEW YORK — The dollar advanced Friday as worries about consumers’ continuing reluctance to spend drove investors to the relative safety of the safe-harbor currency and government bonds. Penney CEO Myron Ullman says consumer spending habits have changed for foreseeable futureNEW YORK — While a flurry of reports have shown the economy is starting to stabilize, consumers don’t seem to be feeling it, according to earnings reports retailers issued this week. Stocks open slightly lower after data on inflation, industrial productionNEW YORK — Stocks drifted lower early Friday as investors looked for more reasons to keep the market’s summer rally going. New jobless claims rise unexpectedly to 558,000, while continuing claims drop to 6.2 millionWASHINGTON — The number of newly laid-off workers filing claims for unemployment benefits rose unexpectedly last week, while the tally of continuing claims fell. Fed gives vote of confidence in economy, with jobless and retail reports to comeWASHINGTON — The Federal Reserve said the economy may be “leveling out” as it held interest rates at record lows, while the weekly jobless claims to be released Thursday may give another sign of whether the recession is nearing an end. Japan, SKorea central banks cautiously point to signs of recovery while keeping rates steadyTOKYO — Central banks in Japan and South Korea kept their interest rates steady Tuesday and maintained cautious outlooks on their export-dependent economies — although both pointed to gradual signs of recovery. Stocks modestly lower ahead of upcoming Federal Reserve meeting, retailer earningsNEW YORK —Stocks were trading modestly lower Monday morning as investors look this week to the retail sector and the Federal Reserve for signs of how the economy is faring. After improvement in housing, unemployment, investors look to consumer to drive growthNEW YORK —Now that housing and even unemployment are showing signs of improvement, Wall Street wants consumers to do their part to heal the economy. Stocks open moderately higher after better-than-expected weekly jobless claims reportNEW YORK — New evidence that layoffs are stabilizing is helping to lift stocks in early trading. July sales reports expected to show slow start on back-to-school as worries weigh on shoppersNEW YORK — It’s still early, but analysts’ grades already are coming in: the back-to-school shopping season is off to a lousy start. Oil rally stalls near $71 in Asia amid mixed US economic newsOil prices slipped to near $71 a barrel Wednesday as mixed economic news from the U.S. stalled a weeklong rally and kept investors cautious. Senate debate on clunkers raises questions about the effectiveness of the rebate programWASHINGTON — The populist “cash-for-clunkers” program has quickly become the poster child of the economic recovery, bringing out shoppers in droves to help the struggling auto industry and provide a vital boost in consumer spending. Oil rally stalls above $71 in Asia amid mixed US economic newsSINGAPORE — Oil prices hovered above $71 a barrel Wednesday in Asia as mixed economic news from the U.S. stalled a weeklong rally. Consumer spending up in , unlikely to lead recovery as incomes fall, unemployment risesWASHINGTON — As gasoline prices rose, Americans spent more in June than the previous month — despite falling incomes. For the rest of the year, economists expect falling wages and rising unemployment to act as a drag on spending. Stocks post modest rise as traders take a break from heavy buying; Dow rises 34 pointsNEW YORK — Having sprinted higher for three weeks, the stock market is taking a break. |
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