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U.S. markets news

US consumer spending slowing, but business investment poised to rise
WASHINGTON U.S. consumer spending barely rose in October as households took advantage of rising incomes to boost savings to their highest level in nearly three years, pointing to moderate economic growth in the fourth quarter.
Consumer Spending Up a Weak 0.1 Percent in October  New York Times
Consumer spending up a weak 0.1% in October  Salt Lake Tribune
US jobless claims fall more than expected
WASHINGTON Nov 25 - The number of Americans filing for unemployment benefits fell more than expected last week, drifting back to near 42-year lows as labor market conditions continue to tighten.
US Jobless Claims Fell Last Week  Wall Street Journal
Claims for jobless benefits fall to lowest in a month  CBS News
Area Small Business Saturday supporters ramp up to get share of holiday ...
CLEVELAND, Ohio - Two years ago Carl Baldesare was sitting on a patio outside of a relatively quiet local bakery in Cleveland Heights, watching a steady flow of foot traffic at a nearby national chain bagel shop.
Small Business Friday?  Charlotte Observer
Shopping local keeps cash in the community  Palladium-Item
Dollar rises on solid manufacturing data, possible ECB action
NEW YORK The dollar rose on Wednesday after strong economic data further backed the case for the Federal Reserve to raise interest rates, and after officials said the European Central Bank was discussing additional options for stimulating the economy.
Euro drops below $1.06 against dollar  Financial Times
ECB alternatives could include penalties on banks hoarding cash  The Australian Financial Review
Obama tells Americans homeland is safe as millions set off on Thanksgiving travel
NEW YORK President Barack Obama sought to reassure Americans they are safe on Wednesday as millions of people embarked on their annual Thanksgiving travels, with security at airports, New York City's parade festivities and other venues expected to ...
Wednesday's air travel crush? Flights about as on-time as possible  USA TODAY
DFW Airport Expects Increase In Holiday Travel  CBS Local
US business spending gauge surges, durable goods orders soar
WASHINGTON Nov 25 A gauge of U.S. business investment plans surged in October, the latest suggestion that the worst of the drag from a strong dollar and deep spending cuts by energy firms was over.
Orders for US Durable Goods Rise Strong 3 Percent in October  New York Times
Orders for Business Equipment in U.S. Rise More Than Forecast  Bloomberg
Be Thrifty AND Generous With This Budget-Minded Shopping Checklist
With the average shopper predicted to spend around $1,440 on gifts and holiday-related items this year, every penny counts. Luckily, it's getting easier to save during the holiday season, thanks to a slew of apps and websites that allow shoppers to ...
Some retailers may be forced to open Thanksgiving  CNBC
Your Guide to Thanksgiving Shopping Hours  ABC News
German business morale unexpectedly rises in November
BERLIN Nov 24 German business morale unexpectedly improved in November, a survey showed on Tuesday, suggesting company executives in Europe's largest economy are more upbeat despite weaker export prospects in emerging markets.
German Business Confidence Rises in Sign of Robust Economy  Bloomberg
German execs remain optimistic despite Paris attacks  Al-Arabiya
Russia cuts gas and Ukraine closes airspace as trade war expands
MOSCOW - Russia and Ukraine sank further into a widening trade war on Wednesday, as Russia halted all gas deliveries to Ukraine and Ukraine banned Russian airlines from transiting over its airspace.
Ukraine closes airspace to Russian planes, halts gas purchases  CTV News
Russia-Ukraine Feuding Worsens With Flight, Gas Stoppages  Wall Street Journal
Osborne's �23bn from the back of the sofa
So how has George Osborne pulled off the magical trick of maintaining spending on the police, imposing smaller than anticipated departmental spending cuts in general, and performing an expensive u-turn on tax-credit reductions, while remaining ...
UK Cracks Public-Finance Riddle–For Now  Wall Street Journal
Osborne Displays Ambition With Police Pledge, Tax-Credit U-Turn  Bloomberg