WASHINGTON (Reuters) - Retail sales rose more than expected in May and first-time applications for unemployment benefits fell last week, signs of economic resilience in the face of belt-tightening in Washington. Full story
WASHINGTON (Reuters) - Retail sales rose more than expected in May and first-time applications for jobless benefits fell last week, showing signs of resilience in the economy despite belt-tightening in Washington. Full story
Discussing the biggest threats to the U.S. economy, and the state of consumer spending, with Jim Hagedorn, Scotts Miracle-Gro CEO; Timothy Wadhams, Masco CEO; and James Stephen, Weber CEO.
Fred Deluca, Subway founder & CEO, explains how government cuts could impact consumer spending, jobs and the economy.
CNBC's Steve Liesman offers today's wonky fact: $26 billion is the amount tax refunds through February 12th are lagging behind last year. That could impact consumer spending in the first quarter of the year.
CNBC's Rick Santelli breaks down the data on unemployment, consumer spending, and personal income. And, CNBC's Steve Liesman explains what it indicates about the U.S. economy and its impact on the markets.
CNBC's Rick Santelli breaks down the latest numbers from the NY Fed's Empire State Index; and takes a look at consumer spending and pricing, with John Ryding, RDQ Economics, and CNBC's Steve Liesman.
Shoppers walk along Broadway on April 26, 2013 in New York, New York.