The Investors Business Daily/TIPP Economic Optimism Index fell in July for the third consecutive month, and is now about a point below the level where it was in December 2007, when the economy entered recession.
AP - Consumer borrowing fell again in July as households cut back on their credit card use for a 23rd consecutive month, adding more drag on an economy struggling to mount a sustained rebound.
Luxury jewelry retailer Tiffany & Co. says its fiscal second-quarter net profit rose a better-than-expected 19%, driven by strong demand in most markets from the U.S. to China.
Mobile phone use is surging among U.S. adults, and most handset owners are using the devices to share information about their whereabouts, according to a new study from Pew Research Center.
Forget eating your eggs over easy. At least for now, that is, as the FDA proceeds with a nationwide recall to get to the bottom of a Salmonella outbreak.
AP - As Europe makes a wobbly recovery based largely on selling goods overseas, the key question for its economy is: Are shoppers at home ready to start spending again?
Consumers will be protected from debt-settlement companies that charge hefty upfront fees and make questionable claims, thanks to new government rules that take full effect in late October.
According to a recent Nielsen Global Online Shopping Report, Asia Pacific consumers spend most on online purchases, as a percentage of total shopping expenditure, compared to any other region globally.
Just when you thought it was safe to trust your credit-card issuer again, along come new warnings about how they might be scamming you, reports Jennifer Waters.