Quantcast
Preview
Customers at a dealer’s lot in Glendale, California. Data Friday showed 63 percent of Americans, the most in more than a year, had a favorable view of buying conditions for big-ticket items. (Photo by Kevork Djansezian/Getty Images)
Consumer confidence rose in May to the highest level since October 2007 as Americans became more upbeat about the prospects for employment. The Thomson Reuters/University of Michigan final index of sentiment climbed to 79.3, the ninth straight increase. The results also indicated Europe’s financial crisis was not high on the list of Americans’ concerns. [Full Story]
Related Stories
Street Talk
Former FDIC Chief Bair: JPMorgan Worth More in Pieces
JPMorgan Chase and all other big banks should be broken up, says Sheila Bair, former head of the Federal Deposit Insurance Corporation.... [Full Story]

Reuters: Citi Unit Lost $20 Million in Facebook IPO

Citigroup Inc.'s Automated Trading Desk had trading losses of about $20 [Full Story]

Treasurys Rally May Give Fed Room to Ease Again

The recent rally in Treasury securities, which has left the 10-year yield [Full Story]

Schiff: 'Haven' Dollar Still Faces Its Day of Reckoning

Euro Pacific Capital president Peter Schiff says the only reason the dollar [Full Story]

Experts: Oil Prices May Have Further to Slide

Crude oil has plunged about 15 percent from its February high, and some [Full Story]

US Consumers Gain Confidence, Unfazed by Europe

Consumer confidence rose in May to the highest level since October 2007 [Full Story]

Krawcheck: For Regulators, Key Is Understanding Risk

Former head of Merrill Lynch Wealth Management Sallie Krawcheck says [Full Story]

Goldman Strategist: China Stocks Are Looking Good

Chinese stocks are oversold and will outperform by 5 percent over the next [Full Story]

Pimco's Gross: US Treasurys Only Real 'Haven' Asset

There's only one safe haven out there these days and that's the U.S. [Full Story]
More Street Talk
Finance News

Spain's Wealthiest Region Seeks Government Aid on Debt

Spain's wealthiest autonomous region, Catalonia, needs financing help from the central government because it is running out of options for refinancing debt this year, Catalan President Artur Mas said on Friday. [Full Story]
More Finance News
Economy

US Consumers Cheered by Job Hopes, Unfazed by Europe

Consumer confidence rose in May to the highest level since October 2007 as Americans became more upbeat about the prospects for employment. [Full Story]
More Economy
Companies

Dell Said to Be in Talks to Acquire Quest Software

Dell Inc. is in discussions to acquire Quest Software Inc., a maker of tools that help companies manage their computer systems, according to people with knowledge of the matter. [Full Story]
More Companies
Markets

Silicon Valley Won't Dump Morgan Stanley over Facebook

Silicon Valley isn't quite ready to dump Morgan Stanley over the Facebook IPO fiasco. [Full Story]
More Markets
Investing & Analysis

Talbots Shares Plunge as Sycamore Ends Deal Talks

Women's apparel retailer Talbots Inc. said Sycamore Partners, with which it had been in exclusive talks for a buyout, was not prepared to execute a deal at this time. [Full Story]
More Investing & Analysis
Market Watch
Company Name or Symbol:


Click Here for Pre-Market Data


Email:
Country
Zip Code:
 
Insiders
David Skarica
Greece’s Pain Could Be Investors’ Gain
Bill Spetrino
The JPMorgan Incident, in Real Talk
Jacob Wolinsky
Law of Unintended Consequences
Barry Elias
Fed Bank President Views Fed Mandate as a Failure
Tom Hutchinson
Democracy Itself Could Be at Stake
All Insiders
Newsmax.TV


Around the Web
Most Popular News
Around the Web
MONEYNEWS.COM
©  Newsmax Media, Inc.
All Rights Reserved