U.S. consumer confidence surges in October to highest level in nine months

The U.S. consumer-confidence index surged to 108.7 in October from a revised 99.2 reading in the prior month, the Conference Board said Tuesday. This is highest level of confidence since January.

Business - MarketWatch - October 29

Consumer confidence surges ahead of election

American consumers are feeling more confident ahead of Election Day, but they’re still not as confident as they were before the pandemic, according to a new survey from The Conference Board, a ...

Politics - The Hill - October 29

FirstFT: Partner pay at US law firms hits record levels

Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programme

World - Financial Times - October 25

Consumer confidence surges as election nears, while job openings move lower

Consumers grew more optimistic heading into the contentious presidential election even as job openings hit multiyear lows.

Business - CNBC - October 29

Consumer confidence surges to record high ahead of Election Day

During the final weeks of the 2024 presidential campaign, consumer confidence has surged to the highest level in three years, but inflation remains a major concern for families. NBC’s Christine ...

Politics - NBC News - October 30

The elusive number keeping Treasury yields at their highest levels in 3 months

In the world of fixed income, there’s one number that can’t easily be pinned down, but which appears to be a contributing factor keeping long-dated Treasury yields at their highest levels in three ...

Business - MarketWatch - October 23

Global food prices reach highest level in 18 months

Increases signal grocery price pressures likely to rise further over the coming quarters

World - Financial Times - November 8

Here’s Why U.S. Consumer Confidence is Climbing Ahead of Election Day

The Conference Board’s monthly report says its index notched the largest gain since March 2021.

Business - Inc. - October 30

Consumer sentiment hits 6-month high as Republicans grow confident in Trump win

Growing confidence among Republicans in a victory for Donald Trump helped push a survey of consumer sentiment to a six-month high less than two weeks before the U.S. presidential election.

Business - MarketWatch - October 25

Manufacturing activity surges in New York region to highest level in nearly three years

The New York Federal Reserve’s Empire State business conditions index, a gauge of manufacturing activity in the state, surged 43.1 points in November to 31.2, the regional Fed bank said Friday. It ...

Business - MarketWatch - 6 days ago

China October exports record highest jump in 19 months, imports decline more than expected

The world's second largest economy has been grappling with weakening domestic consumption and a protracted property crisis, with exports being a rare bright spot.

Business - CNBC - November 7

UK consumer and business confidence weaken ahead of Budget

Indices hit lowest levels this year as Britons ‘hold their breath’ for tax rises on October 30

Business - Financial Times - October 24

U.S. inflation rose 2.6% in October, a month after Fed's first rate cut

The Federal Reserve began cutting its benchmark rate in September amid cooling inflation.

October was one of the driest months in history

The month of October proved to be one of the driest months in American history with various states reporting no rain for 31 days. Cities including New York, Houston, Dallas, Philadelphia and San ...

Politics - The Hill - October 31

UK consumers in ‘a despondent mood’ ahead of the budget; pound on track for worst month in a year – business live

People holding ‘their breath’ to see what’s in store for them in Rachel Reeves’s first budget, reports GfK. Budget will reverse huge cuts in UK’s public investment, Reeves confirms Fewer ...

World - The Guardian - October 25

Norwegian Cruise Line seeing strong demand, as consumers show ‘health and confidence’

Norwegian Cruise Line’s stock rallies toward a three-year high after an “impressive” quarterly performance and amid continued “robust” demand.

Business - MarketWatch - October 31

New-home sales jump to highest level since May 2023, as lower mortgage rates drew buyers in

New-home sales surged in September, as home buyers seized on lower mortgage rates.

Business - MarketWatch - October 24

Mortgage rates rise to highest level since July due to these 3 reasons

Mortgage applications fell 0.1% in the last week, the Mortgage Bankers Association said.

Business - MarketWatch - October 30

UK borrowing costs hit highest level this year as gilt sell-off intensifies

Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ Budget

Business - Financial Times - October 31

At Long Last, the Surge in S.T.I.s May Be Leveling Off

Rates of gonorrhea declined in 2023, while diagnoses of syphilis and chlamydia held roughly steady, according to new C.D.C. data.

Health - The New York Times - November 12

Retailers Adjust Holiday Sales Plans to Handle Rising Consumer Stress Levels

Shoppers’ worries about the presidential election and its economic consequences threaten holiday season spending. Retailers are scrambling to limit pullbacks.

Business - Inc. - October 23

Tesla shares close at highest in 13 months as post-earnings rally continues

Following Tesla's best day on the market since 2013, the stock rose more than 3% on Friday, closing at its highest since September 2023.

Business - CNBC - October 25

Rising energy bills push inflation to highest for six months

Higher inflation pushes up the cost of living for households, and could mean that interest rates remain higher for longer.

China consumer slowdown weighs on U.S. earnings again

From Apple to Starbucks, U.S. consumer brands are reporting yet another quarter of China sales declines.

Business - CNBC - November 5

Uber shares slide on slowing bookings growth

Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimates

Business - Financial Times - October 31

Builder-confidence index jumps to 7-month high after Trump win

Builder sentiment increased to the highest level since April, the National Association of Home Builders said.

Business - MarketWatch - 3 days ago

Existing-home sales rise in October but are expected to remain sluggish for the time being

Existing-home sales rose to a rate of 3.96 million in October, the National Association of Realtors said.

Business - MarketWatch - 1 hour ago

10-year Treasury yield briefly tops 4.25%, hits highest level since late July

The U.S. 10-year Treasury yield rose again Wednesday as traders digested the latest comments from Fed officials on the trajectory of interest rate cuts.

Business - CNBC - October 23

US unemployment applications fall; continuing claims hit highest level since 2021

The number of Americans filing for unemployment benefits fell last week, but the total number of those collecting benefits rose to its highest level in almost three years

Number of Americans filing for unemployment falls to lowest level in 6 months

The number of Americans applying for unemployment benefits fell to their lowest level in six months last week as layoffs remain at relatively healthy levels

Home sales surged in October, just before mortgage rates jumped

Sales were 2.9% higher than October of last year, marking the first annual increase in over three years.

Business - CNBC - 2 hours ago

Home sales surged in October, just before mortgage rates jumped

A sharp drop in mortgage rates brought homebuyers off the fence in October after a slow summer.

A key manufacturing index in China turned positive in October after months of contraction

A closely watched survey on manufacturing in China has edged into positive territory

World - ABC News - October 31

Chicago business-activity index drops to five-month low in October

Index falls to 41.6, falling short of 46.8 consensus forecast.

Business - MarketWatch - October 31

Higher energy bills push UK inflation to 6-month high in October

Inflation in the U.K. has risen sharply to a six-month high in October

World - ABC News - Yesterday

Oil prices end at highest in a week after OPEC+ delays output hike by another month

Oil futures finished sharply higher Monday after OPEC+ said it would wait another month before beginning to unwind voluntary production cuts. Natural-gas prices also rallied as a potential ...

Business - MarketWatch - November 4

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