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consumption

Consumers reopened their wallets and manufacturers slashed inventories, indicating they're getting ready to ramp up production of more goods this year. Also contributing to growth were rising exports and falling imports. But just how good will 2011 prove to be?
Nouriel Roubini, the renowned NYU economics professor with the nickname "Dr. Doom," has offered up another dire prediction: Even if the U.S. and Europe manage to avoid a double-dip recession, more than 400 U.S. banks will likely fail.
The U.S. savings rate rose to an eight-month high in May, as a 0.4% rise in average income outpaced a 0.2% rise in spending. But cautious consumers spending, while good in the long term, may slow the country's economic recovery.
Chalk up a mixed-bag week for the U.S. economy: Jobless claims continued to decline, the Dow made progress solidifying gains above 10,000 -- but consumer sentiment plunged. The Reuters/University of Michigan Surveys of Consumers says its consumer sentiment index for November (preliminary)...
U.S. consumers' efforts to pay down their credit card debts continue. Outstanding U.S. consumer credit fell by $14.8 billion or at a 7.2 percent annual rate in September -- the eighth straight monthly credit decline, the U.S. Federal Reserve announced Friday. Economists surveyed by Bloomberg...
In her book In Cheap We Trust, author Lauren Weber deftly lays out America's bipolar relationship with thrift. At times, the message of 'economic virtue' from Franklin's Poor Richard and the asceticism of Calvinism have convinced us to pinch our pennies. When the economy grows sluggish, however, we...
Many green-minded Americans can think of lots of reasons to knock Hummer owners these days. For starters, there's all the gas their road hogs burn: about 13 miles per gallon in the city for the H3 with four-wheel drive. Then there's the sheer size of the things. At 4,700 pounds for some models,...
If there are any two topics which rest heavy on our minds and light on our tongues these days, those two subjects would be how to save money and how to help the planet stay healthy. One concept which is a perennial favorite in both those realms is the classic do it yourself toilet modification....

Market Movers

SymbolLastChange / %Volume

Most Actives

BAC
Bank of America Corp
8.11-0.08
-0.92%
127.06M
ALU
Alcatel-Lucent (ADR)
2.20+0.26
+13.40%
82.46M
PBR
Petroleo Brasileiro S.A. (ADR)
29.61-2.38
-7.44%
19.63M
GE
General Electric Company
18.84-0.29
-1.52%
18.58M

% Gainers

CIE
Cobalt International Energy
30.94 +7.04
+29.46%
10.42M
LNKD
LinkedIn Corp.
87.49 +11.10
+14.53%
5.78M
WNS
WNS (Holdings) Limited (ADR)
10.70 +1.30
+13.83%
2.46M
ALU
Alcatel-Lucent (ADR)
2.20 +0.26
+13.40%
82.46M

% Losers

OSG
Overseas Shipholding Group, Inc.
10.05-1.78
-15.05%
734,816
NBG-A
National Bank of Greece SA (ADR)
5.91-0.84
-12.44%
51,061
KV-A
K V Pharmaceutical Co. Class A
2.32-0.29
-11.11%
691,775
OC-B
Owens Corning (Warrant) 'B'
2.36-0.29
-10.94%
5,268
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