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US Dollar Up as FOMC Meeting Nears, Consumer Confidence Data Eyed
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CBS: Consumentenvertrouwen gelijk, werkloosheid gedaald, investeringen gestegen
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and trade headline. meanwhile, u.s. consumers are are still fueling this economy. consumer confidence data for august showed shoppers are far more confident in the economy than many economists thought. the strong labor market is helping shoppers set aside worries about the trade war between the u.s. and china. a top lowe s executive is apologizing after saying this about a power drill in a corporate video to employees monday. the thing is compact, it fits anywhere, small hands, right. so those customers that really have the affinity toward makita, some of our hispanic pros with smaller hands, this is perfect for them. joe mcfarland, lowe s executive vice president of stores, apologized after employees called the comment offensive. in a company issued statement, mcfarland said i m sorry for a careless statement a made during an associate broadcast yesterday. he said he took full responsibility for the comments. lowe s did not say whether he was face consequences for those commen
extent of malpractice was staggering. those were the comments that were connected to this $6 billion that appeared to be circulating through various bad guys accounts as a result of this online system. you ve got to figure, you know, when you sign up for one of these financial institutions if they don t ask anything about you and there isn t a whole lot of box ticking checks being done, maybe there s something odd about it. they seemed to attract in a lot of the black cats and used this system to move money around the world elicitly, but the feds are on to them. so here s one for the white hats. let s talk about the market for a moment here, brian, we had better consumer confidence data, also an improvement in the case-shiler housing figures. that helped drive the indices up to the new all-time highs here. i have to tell you, we re a little weak here in europe, though. we ll see how you guys pick that
very disappointing miss from them. sent their shares down. plus the fact that the consumer confidence data was the worst in 2 1/2 years. i think that conspired together and the european news to create a down beat session. that said, the market is still up heavily for the month. all right. we ll see if things change today. steve sedgwick, thanks so much. businessman herman cain now leading the republican presidential field, inching past mitt romney in the latest cbs/ new york times poll. the national poll shows cain is 25%. that s up 20% from about a month ago. romney remains steady at 21%. but look down the list there. in fifth place, rick perry falling 17 points from the last poll. he s down at 6%, trailing newt gingrich and ron paul. herman cain on top, rick perry now down 17 points from the last poll sitting in fifth place, at least according to this poll. even among tea party supporters,
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