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US Food Prices on the Rise [VIDEO]

Revolts From Wisconsin to Libya Pose Economic Threats

Americans are more confident about the state of the economy than at any point in the past three years. But the world may soon burst their bubble. The Conference Board said today that its consumer confidence index for February leaped to 70.4 from a level of 64.8 for the previous month. Though still a bit weak by historic...

RockTenn Buys Smurfit-Stone: 3 Good Things About the $3.5 Billion Deal

All of a sudden, people are excited about cardboard boxes. On Sunday, paper and packaging company RockTenn Co. said it would acquire rival Smurfit-Stone for $3.5 billion in cash and stock, a deal that will create the second-largest container-board company in North America. Its combined annual sales will total $9 billion...

Contra Washington Post, Americans Likely to Save More, Not Less

(Aug. 31) -- Robert Samuelson, The Washington Post's economics and politics columnist, surveys the country's lingering economic malaise and points his finger at consumers. He wrote Monday: Why is the recovery faltering? There are many explanations: a depressed housing market; weaker-than-expected exports; cautious...

10 Big Retailers Shuttering Stores

(Aug. 20) -- Your next shopping trip may not be as convenient as it used to be. The second quarter earnings season brought news from several major retailers that they will be shutting down stores. Both Saks (SKS) and Abercrombie & Fitch (ANF) said they were closing stores in several parts of the country. Meanwhile, other...

consumer spending News From the Web

06/01/12 US consumer spending up 0.3 percent in April Source: FOX - KMSB 11 - Tucson AZ Consumer spending edged up modestly in April but personal income growth was the slowest in five months, raising concerns about the ability of Americans to keep spending in the future.
06/01/12 Ahead of the Bell: Consumer Spending Source: The How-To Travel Guru - CBS News WASHINGTON — The amount that U.S. consumers spent and the amount that they earned probably rose at a moderate pace in April.
05/15/12 US consumers hold back, even as gas prices fall Source: FOX - KMSB 11 - Tucson AZ Lower gas prices in April weren't enough to embolden U.S. consumers to spend more elsewhere.
10/14/11 Consumer Spending: The Bear Case Source: MarketBeat - The Wall Street Journal Bernard Baumohl sees the dichotomy between slumping consumer sentiment and a big burst in retail sales and thinks the gap will be closed â by spending falling to match sentiment.
10/14/11 Consumer spending increases Source: Kenosha News - Kenosha WI