Economy

Some 64% of Americans say recent increases in gas prices have affected their household’s financial situation, with a large majority (83%) expecting gas prices to continue to rise in the next month, a new Reuters/Ipsos poll conducted May 8-11 finds. Economic stress is often cited as one

As if the French wine sector didn't have enough troubles, now there's this: The French Purchasing Managers Index fell to 43.5 from 47.5, its lowest level in 5-1/2 years. Manufacturing has also fallen, to 48.9 from 52.8. "These figures

The U.S. manufacturing sector expanded in April for the fourth straight month following a 10-month period of contraction, registering 52.7 percent, the same reading as March, according to the Institute for Supply Management. Of the five subindexes that directly factor into the Manufacturing PMI®, three (New Orders,

Consumer confidence was a little firmer than expected Tuesday (3/31), but the expectations number dipped and with broadening weakness being seen in the jobs market, households remain wary, James Knightley, Chief International Economist, US, at ING said. Rising gasoline prices will put added pressure on household finances and hiring

February inflation data suggests that price pressures were in an OK place ahead of the military action in Iran, James Knightley, chief international economist, U.S., ING said in a note to clients. But with energy costs on the rise and concerns about supply bottlenecks in the region, we are