There could be good news for businesses come Black Friday and the holiday shopping season. According to the Thomson Reuters/University of Michigan Surveys of Consumers released Wednesday, consumer confidence posted its fourth consecutive ...
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.
WASHINGTON - More Americans than forecast filed for unemployment benefits last week, a possible sign the pace of improvement in the labor market has cooled.
Contracts to buy previously-owned U.S. homes unexpectedly fell in October, dropping to their lowest level in four months and casting a shadow over the housing market's recovery.
Hewlett-Packard Co. (HPQ) posted fourth-quarter earnings in line with analysts' estimates while sales fell short, underscoring the challenges for both sides of the computer maker's business as it prepares to split in two.