WASHINGTON - Consumer sentiment climbed last week to the highest level since December 2007 as Americans grew more upbeat about the state of the economy, their financial well-being and the buying climate.
WASHINGTON, Nov 26 (Reuters) - U.S. consumer spending rose modestly in October and a measure of business spending plans fell for a second straight month, suggesting some slowing in the pace of economic growth.
New applications for unemployment benefits rose 21,000 last week to 313,000, the U.S. Labor Department said Wednesday. Analysts had forecast around 289,000 initial claims, but the figure surpassed 300,000 for the first time since September.
WASHINGTON (AP) " The number of Americans signing contracts to buy homes fell slightly in October as tight credit and lagging wages remained financial hurdles for would-be homebuyers.
Brent and West Texas Intermediate crudes fell before tomorrow's OPEC meeting where ministers will discuss how to respond to a supply glut behind a five-month slide in prices.