Consumer confidence in the U.S. slipped last week to a six-month low as views of the buying climate softened, indicating a re-acceleration in household spending may be slow to materialize. The Bloomberg Consumer Comfort Index fell to 40.5 in the seven days ended May 31 from 40.9 in the prior […] Read more »
Inequality Troubles Americans Across Party Lines, Times/CBS Poll Finds
Americans are broadly concerned about inequality of wealth and income despite an economy that has improved by most measures, a sentiment that is already driving the 2016 presidential contest, according to a New York Times/CBS News poll. The poll found that a strong majority say that wealth should be more […] Read more »
A Recession We Can’t Refuse
Last year ended with lower energy prices and higher economic growth, and consumer confidence was on the rise. The Michigan Consumer Sentiment Index hit 98.1 this January, its highest mark since January 2004. But the Obama economy is the Michael Corleone Godfather: Part III recession: Just when you thought you […] Read more »
Who can get ahead in the U.S.?
The public is divided on the availability of good jobs for American workers. … Beyond the workplace, the poll suggests concerns about opportunities for success and the distribution of wealth, with many thinking both are slanted toward those at the top of the income ladder. CONT. CBS News Read more »
Obama approval heads downhill
President Barack Obama’s job approval numbers are sinking as American attitudes about the nation’s progress have taken a turn for the worse, according to a new CNN/ORC poll. CONT. Jennifer Agiesta, CNN Read more »
Obama’s Job Approval Suffers Amid Economic and ISIS Worries
Persistent economic anxiety at home and the advance of Islamic extremists in Iraq and Syria are complicating life for Barack Obama, helping push his job approval rating back under water, to its lowest of the year. Forty-five percent of Americans in the latest ABC News/Washington Post poll approve of Obama’s […] Read more »