Wednesday, April 7, 2010 as of 11:14 AM ET
Consumer confidence is an economic indicator which measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation.
Read More at Wikipedia ›Despite a shortened week due to the Memorial Day holiday investors will have plenty of economic data to mull, not least the May jobs report out Friday.
Key housing and consumer data is also on tap.But everything else is just leading up to the jobs numbers. The last two reports have been disappointing, effectively taking the steam out of any broader economic recovery hoped for in 2012.For three straight months – December, January and February – the U.S. added over 200,000 jobs, leading to optimism that the long-dormant economy was turning around. But the March and April reports fell off sharply and economists don't believe the situation changed much in May. Forecasts are calling for an increase of about 150,000 jobs, which would leave the unemployment rate unchanged at 8.1%.A key underlying measure investors will be looking at is how many people left the workforce in May. That number has been surging as thousands of Americans have given up hope looking for work.Payroll firm ADP will rel...Net mortgage lending by U.K. banks dropped back in April as demand for property weakened following the end of the government's stamp duty land tax holiday for first-...
Burberry Group PLC (BRBY.LN) said Wednesday it will invest in opening larger-format stores across its markets to drive further growth, as the luxury clothing and han...
Gas has been pricey this spring and the pain at the pump has caused some consumers to change their spending patterns, a new survey by Bankrate.com has found.From the...
Qantas Airways Ltd. (QAN.AU) said Monday it will terminate 500 engineering jobs to adapt to modern technology as part of a wider effort to stem losses at its ailing ...
A report on leading economic indicators for April is due for release at 10 a.m. from the Conference Board, a private research group. Economists polled by MarketWatch...
Markets.com Chief Economist Bill Hubard on the lack of effective financial leadership in the EU.
Coca-Cola Amatil Ltd. (CCL.AU) said Tuesday it expects net profit before significant items in the first half of fiscal 2012 to grow 4%-5% despite Australia's cool, w...
Australia's Suncorp Group (SUN.AU) said insurance claims in the 10 months to the end of April were more than 50% higher than the company had been expecting.A spate o...
FBN’s Robert Gray with news that the SEC is conducting an informal investigation into JPMorgan over the bank’s surprise losses.
U.S. stocks mostly slid Friday to a second weekly decline after a rise in consumer sentiment failed to outweigh J.P. Morgan Chase & Co.'s $2 billion trading loss, di...
FOX Business: The Power to ProsperStock-index futures fell on Friday, led by tumbling financial shares, after JPMorgan Chase disclosed a sizeable trading loss.Today'...
Sanjiv Das, CEO of CitiMortgage, on the CFPB’s proposals for tighter mortgage lending regulations.
Oil futures eked out a gain Friday, as traders remained wary of staking out large positions following inconclusive talks with Iran and a long weekend in the U.S.Ligh...
The Brazilian real strengthened in intraday trading Friday after repeated interventions by the central bank reinforced the outlook the government won't let the real ...
U.S. consumer sentiment rose to its highest level in more than four years in May as Americans stayed optimistic about the job market, while higher income households ...
Alpari chief market analyst James Hughes gives his outlook for the European markets, Greece and the euro.
FBN's Sandra Smith reports Asian market news.
Consumer confidence in Germany is expected to remain steady in June, Nuremberg-based research firm GfK said Friday. The German consumer confidence index was steady i...
U.S. investment bank JP Morgan Friday lowered its forecast for Australian economic growth, but kept in place upbeat expectations that the country's mining boom will ...
