Consumer confidence climbed to a more than seven-year high in November as Americans' views of their financial well-being improved heading into the holiday shopping season.
Sales of new U.S. single-family homes rose for a third straight month in October, but a downward revision to the prior month's sales pace indicated the housing market recovery would remain gradual.
WASHINGTON�U.S. consumer spending was muted and business investment weak in October, suggesting a mild slowdown in the last quarter of the year following two quarters of robust economic growth.
Nov. 25--PALO ALTO -- Hewlett-Packard -- which plans to soon break itself into two companies -- on Tuesday reported a drop in its fourth-quarter sales and profit from the same period a year ago, missing analysts' expectations on a couple of measures.
The number of Americans filing new claims for unemployment benefits rose to the highest level since September, while durable goods order for October unexpectedly rose.