Confidence among U.S. consumers soared in July to the highest level in almost seven years as Americans grew more upbeat about the labor market and the outlook for the economy.
More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute.
Markets edged higher on Wall Street on Tuesday after better-than-expected results from companies such as Pfizer and Merck and ahead of data on home prices and consumer sentiment.
U.S. stocks rose for the fifth time in six days as corporate profits beat estimates and Windstream Holdings Inc. led the biggest rally in phone stocks since 2011.
Aetna Aetna said this morning it will expand its private health insurance products on government exchanges under the Affordable Care Act next year to the additional market of Georgia based on the company's first-year successes.