Economy News Cnbc Daily Open U S Consumers Stay Bullish On The Economy

CNBC Daily Open: U.S. consumer inflation data catalyzes stock rally

However, the lack of data, such as the jobs report, because of the U.S. government shutdown, means we don't know what the overall economic picture looks like. Read More

Consumer Sentiment Falls to Near-Record Lows. Why it’s too Soon to Panic About Spending.

The risk is that consumers’ renewed pessimism makes them less inclined to spend over the holidays, but forecasters remain confident that demand will stay strong through the end of the year. Read More

CNBC Daily Open: Cooler-than-expected U.S. consumer inflation adds to market cheer

However, the lack of data, such as the jobs report, because of the U.S. government shutdown, means we don't know what the overall economic picture looks like. Read More

Is the U.S. economy getting weaker? Here's what we know.

Worries about the economy might be starting to affect consumers' spending decisions. If the U.S. economy was really flying high, the Federal Reserve wouldn't have lowered interest rates last month. So ... Read More

Government shutdown hasn’t left consumers glum about the economy – for now, at least

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Joanne Hsu, University of Michigan (THE CONVERSATION) The ongoing federal shutdown has ... Read More

Big bank CEOs see an economy that's 'resilient' in the face of uncertainty

“Resilient” is the word of the moment on Wall Street. JPMorgan Chase, Citigroup and Wells Fargo all reported their quarterly earnings Tuesday, and their CEOs all landed independently on the word ... Read More

Government shutdown hasn’t left US consumers glum about the economy – for now, at least

Joanne Hsu receives research funding from NIA, NIH, and various sponsors of the University of Michigan Surveys of Consumers. The ongoing federal shutdown has resulted in a pause on regular government ... Read More