Consumer spending

Asian stocks climb as US consumer spending improves

Buoyed by unexpected rise in consumer spending in the United States, Asian stocks surged for the fourth day Tuesday.

Renault sales rise in Russia and Brazil, slow in Europe

Renault, the European automaker, succeeded in achieving a rise of 1.9 percent in sales in the first half of this year despite facing some difficulties due to shortage of parts in Europe.

US consumer credit rose in May -- report

Led by a spurt in credit card use and student loans, consumer borrowing in the United States rose by $5.08 billion in May. Consumer credit had risen by $5.67 billion in April.

Consumer spending drops as gas prices rise

The Commerce Department reported Monday that consumer spending dropped 0.1 percent as the gas prices continue to soar. Rising gas prices coupled with increasing unemployment is putting pressure on the budget of the consumers forcing them to cut optional purchases.

US online holiday sales rise 15%

The holiday season seems to have proved profitable for online retailers in the United States as consumer spending has witnessed a significant jump.

Economy improves as layoffs slowdown, holiday spendings rise

Here's good economic news this holiday season! The employers are laying off fewer employees and consumers are spending more.

Economy Still Tottery: Is it Presaging Another Recession?

If you're rejoicing that the worst of the economic crisis is over, hold on! Though Fed is giving the impression that nation's economy is resuming growth, all is not as rosy as it seems.

Retail sales slither in May

Doubts about the state of the economy crept in again when retail sales fell 1.2 percent from April, led by a 9.3 percent plunge at building-material stores.

US to witness growth--economists

According to a survey conducted by National Association for Business Economics (NABE), the U.S. economy is expected to expand in current year and next year, along with, increase in consumer spending.

US retail sales rise, but at a slower pace

Government data released Friday indicates that shoppers are finally beginning to loosen their budget strings after a long hiatus.

Wal-Mart sales drop in holiday quarter

Wal-Mart Stores Inc. saw a drop in sales in its home market during the crucial holiday quarter and has predicted grim results for the current quarter.

3 Reasons to Buy Amazon.com Today

The turmoil in the markets makes it too easy to justify selling any stock these days. Yet, while panic never helps investors, it's still a good idea to play devil's advocate with investments.