[ad_1] Consumer confidence in the US worsened again as short-term inflation expectations hit their highest level in nearly half a century, the results of a closely followed survey revealed. The University of Michigan‘s consumer confidence index slipped from a reading of 57.0 at the end of March to 50.8. That missed forecasts for a print…
[ad_1] (Alliance News) – Workers at International Distributions Services PLC’s Royal Mail will hold a series of meetings on Tuesday to vote on whether they have confidence in the company’s chief executive ahead of fresh strikes in a long-running dispute over pay, jobs and conditions. The Communication Workers Union is organising meetings where its members…
[ad_1] The Royal Canadian Navy says it has relieved the commanding officer of a warship in the Pacific Fleet. In a release Thursday night, the navy says it has lost confidence in the judgment of Lt.-Cmdr. David Dallin of HMCS Regina. The navy says it took action after an incident that recently took place on…
[ad_1] Cyclicals were in favour at the start of the week as positive Chinese gross domestic product data helped to offset worries about the new Covid-19 strains. Nonetheless, there appeared to be confidence among analysts and strategists that vaccination rollout programmes now underway would help to bring the pandemic to heel by the spring. On…
[ad_1] The American consumer grew a bit more confidence in October, the results of the most closely followed gauge for confidence across the country revealed. A preliminary reading for the University of Michigan‘s consumer confidence index in October improved to a reading of 81.2 after printing at 80.4 in September. Economists had anticipated that it…
[ad_1] A widely-followed gauge of US consumer sentiment picked up more quickly than anticipated at the start of 2020, pointing to a still solid outlook for spending. The Conference Board‘s consumer confidence index rose from December’s upwardly-revised print of 128.2 to 131.6 (consensus: 128.0). A sub-index tracking consumers’ assessment of current conditions rose the most,…