Topic: The Conference Board
All Content
-
Stocks gain on good economic news
Stocks closed higher on Wall Street for a fourth straight week Friday. Consumer confidence and other economic indicators rose, giving stocks a boost.
-
Strong rise in consumer spending caps good week in economic news
Consumer spending went up, so did income and economic output. Consumer confidence was mixed, while home sales took a breather. Here's a roundup of what happened in economic news this week.
-
The Monitor's View: Are Obama's state-of-the-union ideas the antidote to economic fears?
As President Obama travels after his State of the Union speech to rally support for his proposals, he must also deal with a rising mood of pessimism about the economy. Fear of the future must not be allowed to feed on itself.
-
Robert Reich Jobs report: why the recovery has stalled
Friday's jobs report shows that the government is heading in exactly the wrong direction by raising taxes on the middle class and cutting spending, Reich writes.
-
Robert Reich Why consumers are so glum
Consumers are deeply worried about their jobs and their incomes, Reich writes, and they have every right to be.
-
Stocks climb with Dow approaching 14,000
Stocks rose on Wall Street Tuesday as the Dow Jones industrial average closed at 13,954. The January rally looked as if it was running out of steam yesterday as stocks pulled back from their highs, but Tuesday stocks resumed their ascent toward record levels.
-
Paper Economy Consumer sentiment sours in January
Consumer sentiment declined from the prior month with a reading of 71.3, the lowest consumer sentiment level seen since December 2011, according to data from the Reuters/University of Michigan Survey of Consumers.
-
Why Washington and its debt woes eclipse 'jobs' as public's top concerns
The mood shift, which showed up in a new Gallup poll, doesn't coincide with marked improvement in the jobs outlook. Rather, it indicates that Americans are becoming more worried about Washington's management of debt and other fiscal matters.
-
‘Fiscal cliff’: Will Wall Street light a fire under Congress?
So far at least, many on Wall Street seem to think that no matter what happens over the next few days with the fiscal cliff, Congress will still come through early in the new year.
-
Economic optimism falls. Are 'fiscal cliff' worries to blame?
A new Monitor/TIPP poll shows Americans' outlook on the economy soured in December, across the board – coinciding with the 'fiscal cliff' standoff. For Republicans, economic optimism has hit rock bottom.
-
Fiscal cliff warning sends stocks sliding
Frustration from Senate Majority Leader Harry Reid over the fiscal cliff pushed stocks downward Tuesday. Worries about budget talks have been hanging over the stock market for weeks.
-
Energy Voices Report: Alberta oil sands expected to draw $364 billion in new investment
A new report from the Conference Board of Canada finds that oil sands in Alberta, Canada will provide 3.2 million person years of employment and draw $364 billion in investment over the next 25 years, according to Consumer Energy Report.
-
Stocks rise on strong economic data
US stocks had their best day since mid-September after reports of strong economic data and good corporate news gave stocks a boost.
-
Paper Economy Survey: consumer sentiment on the rise
Consumer sentiment rose in October to its highest level since 2007, according to the Reuters/University of Michigan Survey of Consumers.
-
Unemployment claims plunge to two-month low
Unemployment claims drop 26,000 to a level of 359,000, the lowest in nine weeks. At this level, unemployment claims typically point to a lower unemployment rate.
-
Dow plummets 100 points in stock sell-off
Stocks dropped after Charles Plosser, president of the Fed's Philadelphia branch, told an audience Tuesday that the Fed's effort to support the economy would likely fall short of its goals.
-
Holidays to cheer: Retailers plan to increase hiring this season
Good back-to-school sales and rising consumer confidence are leading many retailers to add more seasonal jobs than they did last year – and many could become permanent.
-
Paper Economy Consumer sentiment improves for August
The consumer sentiment index ticked up to 74.3 in August, with inflation expectations rising to 3.6 percent.
-
Consumer confidence index takes a big hit in August
Consumer confidence index in the US plunged to its lowest level since November 2011, hinting the Americans are feeling worse about the economy than they have in a long time. The drop in the consumer confidence index is the latest swing for the volatile measure, which has been on a roller-coaster for much of the past year.
-
Stocks edge up: Apple hits record high; Facebook, record low
Stocks on the S&P 500 index are close to a four-year high while a closely watched fear index briefly touches five-year low.
-
Retail sales down three months in a row: why economy is cooling
Behind the economic gloom that has seen retail activity decline for three straight months are a weak job market, high debt loads, even fears of the looming 'fiscal cliff.'
-
The incredible shrinking pay raise: Wages can't keep up with inflation
Pay raises are getting smaller, but consumer prices continue to rise. If the trend in shrinking worker pay raises continues, it could mean stalled consumer spending and a halt to economic growth.
-
Gas prices poised to drop below $3 a gallon, as Fourth of July holiday nears
Gas prices in South Carolina are already at $2.98 a gallon, while the national average on Wednesday was $3.38. A decade-high number of travelers could hit the road for the Fourth of July holiday.
-
Stocks fall amid discouraging economic reports
The Dow fell 156 points to close at 12442 – the index's 11th loss in 12 days – after a pair of discouraging economic reports unnerved investors already worried about a possible exit from the euro by Greece.
-
Apple earnings will report this evening; stocks rise
Apple earnings for the first quarter will be reported after the close of the stock market Tuesday. In anticipation of he Apple earnings report, Apple stock has fallen sharply.
Become part of the Monitor community