March 6, 2013 |
In another sign of a recovering economy, U.S. orders for machinery and factory goods jumped in January as businesses invested for future growth. The Commerce Department said U.S. companies upped their orders for such goods by 7.2% in January from the month before, the biggest jump in more than a year. Economists watch investment in capital goods as a sign of business confidence. Despite tax hikes and the threat of automatic spending cuts known as sequestration, the increases indicate that companies continued to raise production even after the holidays.
June 11, 2013 |
Small business confidence grew slightly in May, the second highest reading since the recession started, according to a survey from the National Federation of Independent Business. The NFIB Index of Small Business Optimism rose 2.3 points to 94.4, edging up for the second consecutive month. However planned job creation fell a point and reported job creation stalled after increasing over the last five months. “Small business confidence rising is always a good thing, but it's tough to be excited by meager growth in an otherwise tepid economy,” Bill Dunkelberg, NFIB chief economist, said in a statement.
April 17, 2012 |
Investors poured back into U.S. stocks on Tuesday, with the Dow Jones industrial average surging more than 200 points after a strong batch of earnings reports and an improving economic picture in Europe. With a few hours left in the trading day, major U.S. indexes were up more than 1.5%. The blue-chip Dow index rose 198.14, or 1.5%, to 13,119.67, and the broader Standard & Poor's 500 index jumped 21.40, or 1.6%, to 1,390.98. The Nasdaq composite notched its best performance in more than three weeks, rising 57.83, or 1.9%, to 3,046.22.
October 24, 2009 |
The Washington Redskins said Friday that Jim Zorn will be the coach for the rest of the season. The unexpectedly strong vote of confidence was delivered in the morning by Vinny Cerrato , the team's executive vice president of football operations, who opened his radio show by saying: "Jim Zorn is the head coach of the Washington Redskins and will be for the rest of this season, and hopefully into the future." The news dampens the speculation that began when Zorn was asked to give up his play-calling duties following the 14-6 loss to the previously winless Kansas City Chiefs.
December 17, 2013 |
Kobe Bryant has this thing he does, just when the Lakers are moments from being flattened by an oncoming train, he smiles and says, "What whistle?" Call it the no-look quote. Bryant has been doing this for years, his normal confidence level going into beast mode whenever his team is truly in peril. The swagger he brings into the final minutes of a game is wildly heightened when his team is in the final minutes before a meltdown. In Bryant's world, it's always dawn before the darkest.
March 21, 2012 |
In a tense meeting Wednesday that highlighted growing tensions over the shooting deat h of an unarmed black teenager, local officials in Sanford, Fla., passed a vote of no confidence in the police chief as protests spread north to New York City, where the slain youth's parents joined a Manhattan march demanding the killer's arrest. The no-confidence measure passed 3 to 2 after more than an hour of debate, and though it was not binding, the outcome and the public groans and applause that punctuated the debate underscored the anger pulsing through the Orlando suburb nearly a month after 17-year-old Trayvon Martin's death on Feb. 26. Most of that anger is focused on the fact that the confessed shooter, 28-year-old George Zimmerman, who has been described as both Latino and white, has not been arrested.
October 1, 2008 |
Consumer confidence unexpectedly rose in September in a survey taken before the recent worsening of the credit crisis. The Conference Board's confidence index increased to 59.8, a third consecutive gain, from 58.5 the prior month, the New York-based group said. Since the confidence survey's Sept. 23 cutoff, the odds have risen that consumers will retrench in the wake of failing banks, evaporating wealth and paychecks that aren't keeping up with inflation.
October 14, 2004 |
Confidence among chief executives in the U.S. economy slipped for the second straight quarter, private research firm the Conference Board said Wednesday. Recent economic data and surveys have offered a mixed picture of consumer and business sentiment, as well as expectations for growth, making the economy a key debating point in the last weeks of the U.S. presidential election campaign.
CALIFORNIA | LOCAL
September 4, 2001
The only unexpected facet about the current loss of confidence in the economy is that anyone could consider it unexpected ("Consumer Confidence Shows Surprise Drop," Aug. 29). Please remember that the daily news is replete with reports of "temporary staff reductions" and "downsizing" of the work force. In real English this translates into massive layoffs and permanent loss of jobs. Having survived the process, I know it also means that whatever new job is obtained will pay less, offer fewer benefits, have no long-term security and little if any retirement benefit, i.e., a significant reduction in lifestyle and long-term financial security.
October 18, 1990 |
Joe Rhett is back on the University of South Carolina basketball team, confident his pacemaker won't affect his ability to play. Rhett returned to the team Wednesday, two days after practice began for the 1990-91 season. "I'm feeling fine," he said after going through a 2 1/4-hour practice. "I'm happy to be back on the court. . . . I feel nothing can go wrong." Rhett, 20, had a pacemaker implanted in February to correct an irregular heartbeat.