- 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
The Conference Board
Latest The Conference Board Items
A sharp drop in consumer confidence helped set off a drop in stocks on Tuesday and renewed worries about the strength of the U.S. economic recovery.
The Consumer Confidence Index plunged from 62.7 in may to 52.9 in June.
The White House kicked off a "recovery summer" public relations blitz yesterday to promote the alleged benefits of stimulus spending. The mood of self-congratulation was interrupted by a Labor Department report that found initial jobless claims for the week climbed by 12,000. A Conference Board survey showed the average wait in unemployment lines increased from 30 weeks at the start of the year to 34.4 weeks in May. It won't be a summer of love in those households.
NEW YORK (AP) — Gas prices are high, food is more expensive and the job market is cold, but the U.S. might still avoid a recession.
NEW YORK (AP) — Wall Street closed mixed yesterday after weakness in the technology sector punctured some of the market's enthusiasm over a report that suggested the economy could still be growing.