- Gentlemen, start your drones: Judge’s ruling opens door for commercial use
- Soldier who hid, bragged about not saluting flag to be punished — in secret
- ‘Maverick’ of the seas: ‘Top Gun’ school for U.S. ship officers to launch
- Putin declares Sochi Paralympics open amid Ukrainian protest
- ‘In Jesus name, we pray’ sparks ire at Ohio council meeting
- Navy’s first laser weapon ready for prime time; drone killer to deploy this summer
- Billionaire backer: Rick Santorum ‘needs to be heard’ in 2016
- Obamacare fallout: 49 percent pessimistic; 45 percent ‘scared’
- DHS accused of holding U.S. citizen at airport, using emails to pry into her sex life
- Seattle socialist: Minimum-wage discussion skewed by ‘right-wing’ GAO analysis
U.S. consumer confidence at highest level in 4½ years
WASHINGTON (AP) — U.S. consumer confidence rose this month to its highest level in almost five years, pushed up by steady improvement in hiring.
The Conference Board said its consumer confidence index rose to 73.7 in November from 73.1 in October. Both are the best readings since February 2008.
Americans are more optimistic because they see the job market getting better. Employers added 171,000 jobs in October, and more jobs were created in August and September than first thought.
The survey is watched closely because consumer spending drives nearly 70 percent of economic activity. It is still below 90, which is consistent with a healthy economy. It last reached that level in December 2007. The index is far above the all-time low of 25.3 in February 2009.
TWT Video Picks
Taxpayers must pay the freight for over-budget train projects
- Kim Jong-un calls for execution of 33 Christians
- Rand Paul wins 2014 CPAC straw poll, Ted Cruz finishes a distant second
- SAUERBREY: Taxing Marylanders until they flee
- U.S. pilot scares off Iranians with 'Top Gun'-worthy stunt: 'You really ought to go home'
- Bill Clinton cashes in on struggling nonprofit hospital
- Bill Clinton poses for photo with Bunny Ranch prostitutes
- CPAC 2014 straw poll results
- Senate Democrats, Republicans spar over restoring unemployment benefits
- 'Blarney Blowout' near UMass results in 73 arrests; 4 officers injured
- Russias Putin nominated for Nobel Peace Prize
Pope Francis meets his 'mini-me'
Celebrity deaths in 2014
Winter storm hits states — again