consumer spending


American Express Earnings: When 6% Customer Spending Gain Is Not Enough

American Express Co. (NYSE: AXP) is finding a mixed reception after its earnings report. The higher-end credit card issuer reported a 16% earnings gain to $1.33 in earnings per share ...
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refilling the car

Gas Prices Rise Again, Move Closer to $4

In what has become almost a daily pattern, gasoline prices have risen again, reaching $3.653 as the average price for a gallon of regular nationwide. The comparable price for premium ...
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Credit cards

Big Pop in Consumer Credit, but Not From Credit Card Use

The Federal Reserve has released its report on consumer credit for the month of February. In February, consumer credit increased at a seasonally adjusted annual rate of 6.5%. Revolving credit, ...
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fuel gauge

Gas Prices Surge to Eight-Month High

Several major surveys of gasoline prices show that the average price of a gallon of regular has reached an eight-month high. Depending on the source, that price is about $3.60. ...
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Walmart Offers Consumer Electronic Discounts

Wal-Mart Stores Inc. (NYSE: WMT) has started to offer a series of large discounts on consumer electronics. The move gives it a chance to steal market share from Inc. (NASDAQ: AMZN) ...
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refilling the car

Gas Prices Jump Above $4 Across California

California recently has taken the largest hit in the sharp increase in gasoline prices. The average price of a gallon of regular in the nation's largest state sits at $3.99. ...
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Companies Left in a Lurch as Tiger Woods Out of Masters

It's just not CBS Sports that is a loser if Tiger Woods does not play in the Masters Golf Tournament. CBS Corp. (NYSE: CBS) likely will lose out because a ...
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cash register, not full

Personal Income and Spending Rise Handily

We now have the report for personal income and spending for the month of February. This data is now effectively a month old, so we were only expecting the news ...
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Nu Skin Scores With Tiny Fines From Chinese Regulators

Nu Skin Enterprises Inc. (NYSE: NUS) shares surged on Monday on news that the fine in China will be far less than many investors were worried about. This is a ...
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American flag

Leading Economic Indicators Running Higher

A Thursday economic report from The Conference Board was its index of leading indicators for the month of February. We always warn readers that leading indicators may not be as ...
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Fed Dilemma: Inflation Running Too Low in CPI Reading

The Labor Department has released its latest report on retail inflation via the Consumer Price Index (CPI). Prices in February were up 0.1% on the headline CPI. Core inflation, excluding ...
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LifeLock image

LifeLock Goes on the Mend

LifeLock Inc. (NYSE: LOCK) should be the right company, at the right place and in the right time. The fears of identity theft and damage to credit from fraudulent activities ...
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refilling the car

Premium Gas Prices Above $4 in Parts of U.S.

Premium gasoline prices have risen above $4 in eight states, raising the concern that consumer spending could be damaged by the trend. At the same time, the price of regular ...
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Rite Aid

Why Goldman Sachs Likes Rite Aid Even More Now

Rite Aid Corporation (NYSE: RAD) is a turnaround which keeps on turning. That is the theory from Goldman Sachs at least. The brokerage firm upgraded shares of the retail drug ...
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Personal Income and Spending Beat Estimates — and the Weather

Monday's economic reports targeted personal income and personal spending, but we would note that the markets are currently focused on Russian military action in the Ukraine. This morning's report also ...
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