Mon, 31/05/2010 - 09:54 by Pankaj Damin
Chicago -- Healthier candy may seem like an oxymoron but manufacturers look like they just may be going that route.
Old staples like chocolate, peanut brittle and gummy bears still take up a whole lot of shelf space but if the offerings at the Sweets and Snacks Expo last week in Chicago are any indication, there's real interest in making candy not so bad for you.
It's a matter of ingredients, several exhibitors agreed.
Brookside Foods Ltd. Of Abbotsford, British Columbia, introduced a line of chocolate-covered snacks with pomegranate, acai and blueberry, and goji centers.
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Wed, 26/05/2010 - 00:06 by harsheeb
New York -- U.S. consumer confidence rose in May for the third consecutive month, the Conference Board said Tuesday.
The monthly Consumer Confidence Index, which uses 1985 as a base year with an assigned value of 100, rose from 57.7 to 63.3 after rising 5.6 points in April and 6 points in March.
In April, the monthly survey of 5,000 households found the number of respondents indicating economic conditions were "good" rose from 8.9 percent to 10 percent.
The number of respondents indicating conditions were "bad" fell from 40 percent to 39.3 percent.
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Sun, 28/03/2010 - 14:17 by Jim Royal
Have you ever bought a stock just becauseit went down and was "bound" to come back up? I'm talking about taking a position in a cheap-lookingcompany because "it had to come back up." Think megabanks such as Citigroup (NYSE: C) and Bank of America (NYSE: BAC) in 2007 and 2008. Despite the banks' survival, speculators in those two companies burned themselves many times over, as prices fell, and fell again, and then fell some more. Speculators in General Motors, once the world's largest car company, were also burned, with no chance of recovering their investment. |
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Sun, 28/03/2010 - 10:00 by Priyanka
GoDaddy.com an internet domain registrar and web hosting company has announced that it will be halting the registration of new websites in China in the wake of the new rules imposed by the Chinese government.
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Mon, 01/03/2010 - 21:16 by Inderjit Singh
Washington -- Consumer spending rose 0.5 percent in January, more than economists expected, the the U.S. Commerce Department said Monday.
Economists had expected a 0.4 percent rise in spending and a 0.5 percent rise in incomes. But incomes rose only 0.1 percent, which indicates spending figures may be subdued for February.
The department revised December's spending increase from 0.2 percent to 0.3 percent.
In January, real disposable income fell by 0.6 percent, while prices overall rose 0.2 percent.
Core prices, which excludes energy and food prices, rose less than 0.1 percent, about the same as a month ago.
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Thu, 18/02/2010 - 15:44 by Rich Smith
Last week, Citigroup (NYSE: C) threw in the towel. |
Tue, 16/02/2010 - 22:12 by Inderjit Singh
London -- Consumer prices in Britain rose under the consensus forecast, but higher than the 2 percent target rate in January, the Office for National Statistics said.
Consumer prices rose 3.5 percent, higher than the government's target rate, which triggers a mandated letter of explanation from the Bank of England Gov. Mervyn King to Britain's Chancellor of the Exchequer Alistair Darling.
King said three "short-run factors" pushed prices in January, including the national sales tax returning to a 17.5 percent rate, a 70 percent rise in oil prices compared to a year ago and "the effects of the sharp depreciation of sterling in 2007 and 2008 … continuing to feed through consumer prices."
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Sat, 06/02/2010 - 09:00 by Rakhi Kaptiyal
Washington -- U.S. consumer borrowing fell by $1.8 billion in December, or 0.8 percent, the 11th straight monthly decline, the Federal Reserve reported Friday.
The decline was a fraction of the November rate, which was revised downward to $21.8 billion, or a 10.6 percent decrease.
For all of 2009, consumer debt fell 4 percent to $2.46 trillion, compared with $2.56 trillion in 2008. Revolving credit, including credit cards, declined at an 11.7 percent annual rate to $866 billion while non-revolving credit, including student and car loans, rose at a 5.2 percent rate to $1.59 trillion.
Copyright 2010 United Press International, Inc. (UPI).
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Mon, 18/01/2010 - 11:41 by Ishita Sood
New York, January 18 -- Crude oil price plummeted for the sixth day in a row as major economies of the world faced a bearish trend. Crude oil price stands at $78 as against $84 for last week.
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Fri, 08/01/2010 - 15:58 by Jamie Anderson
New York, January 8 -- Retailers could not have hoped for a better end to 2009. Buoyed by rising consumer confidence which led to last minute shopping binge by consumers, retailers fared better than expected sales in December.
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Wed, 30/12/2009 - 12:28 by Ishita Sood
New York, December 30 -- That the U.S. economy is on the road to recovery was clear when crude oil traded at $79 Wednesday, after rising for the fifth consecutive day due to higher heating demand of winters.
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Wed, 23/12/2009 - 21:44 by Inderjit Singh
Washington -- Consumer spending rose 0.5 percent in November, pushed by an increase in incomes, the U.S. Commerce Department said Wednesday.
Disposable incomes rose 0.5 percent, while incomes increased by $49.7 billion, or 0.4 percent, prompting the fourth increase in spending in the past five months.
In October, spending rose 0.3 percent, while disposable incomes rose 0.5 percent.
Consumer spending accounts for about 70 percent of the gross domestic product, which makes the figure a key measurement of how the economy is doing. Although both income and spending figures rose less than expected, incomes rose faster than they have for six months, the Bureau of Economic Analysis said.
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