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Dollar up as US consumer confidence rises

Dollar up as US consumer confidence rises
Submitted by Fox First at Ten on November 1st
NEW YORK (AP) - The dollar rose against most major currencies Thursday as U.S. consumer confidence increased to its highest level in nearly five years. The Conference Board said its consumer confidence index rose to 72.2 in October. That's up from a revised 68.4 in September and the highest

Copper rises on manufacturing gains in US, China

Copper rises on manufacturing gains in US, China
Submitted by Fox First at Ten on November 1st
By SANDY SHOREAP Business Writer The price of copper is higher after manufacturing expanded in the world's two largest economies and Americans spent more money on big-ticket items like automobiles. Copper increased 3.45 cents Thursday to finish at $3.552 per pound. Manufacturing improved in

Retail chain revenue comparisons for October

Retail chain revenue comparisons for October
Submitted by Fox First at Ten on November 1st
By The Associated Press Summary of revenue at stores open at least a year in October for major retail chains, with percentage increase or decrease over the same month last year. These figures are a key indicator of a retailer's health because they exclude revenue at newly opened stores.

Consumers give US economy a lift before election

Consumers give US economy a lift before election
Submitted by Fox First at Ten on November 1st
By CHRISTOPHER S. RUGABERAP Economics Writer WASHINGTON (AP) - A flurry of data issued Thursday sketched a brightening view of the U.S. economy in the final days before a presidential election that will pivot on the strength of the recovery. Cheaper gas, rising home prices and lower

Consumers give US economy a lift before election

Consumers give US economy a lift before election
Submitted by Fox First at Ten on November 1st
By CHRISTOPHER S. RUGABERAP Economics Writer WASHINGTON (AP) - A flurry of data issued Thursday sketched a brightening view of the U.S. economy in the final days before a presidential election that will pivot on the strength of the recovery. Cheaper gas, rising home prices and lower

Retailers' gains in October could hurt holidays

Retailers' gains in October could hurt holidays
Submitted by Fox First at Ten on November 1st
By ANNE D'INNOCENZIOAP Retail Writer NEW YORK (AP) - Americans spent briskly in October before Superstorm Sandy hit the Northeast on the tail-end of the month. But the question is whether they're still willing to buy an iPhone for Christmas if they plunked down hundreds on a generator

US stocks rise on strong economic data

US stocks rise on strong economic data
Submitted by Fox First at Ten on November 1st
By DANIEL WAGNERAP Business Writer It's only been a day, but November on Wall Street is already looking a lot better than October. Strong economic data and corporate news converged Thursday to give U.S. stocks their best day since mid-September. Positive signs about the job market and

Avon Products 3Q net income drops

Avon Products 3Q net income drops
Submitted by Fox First at Ten on November 1st
By MAE ANDERSONAP Retail Writer NEW YORK (AP) - Direct beauty products seller Avon Products said Thursday its third-quarter net income fell 81 percent, hurt by the stronger dollar and an impairment charge. The company also slashed its dividend as it works on a turnaround. Avon, whose products

Lloyds Bank Q3 loss down despite $1.6 billion hit

Lloyds Bank Q3 loss down despite $1.6 billion hit
Submitted by Fox First at Ten on November 1st
LONDON (AP) - Part-nationalized Lloyds Banking Group provided further evidence Thursday that it was getting its business back on track, even though it set aside another 1 billion pounds ($1.6 billion) to pay claims for mis-selling payment protection insurance. The additional provision to compensate

Romney & Obama: I'm the real candidate of change

Romney & Obama: I'm the real candidate of change
Submitted by Fox First at Ten on November 1st
By DAVID ESPO and KASIE HUNTAssociated Press DOSWELL, Va. (AP) - Five days before the election, Republican challenger Mitt Romney and President Barack Obama vied forcefully for the mantle of change Thursday in a country thirsting for it after a painful recession and uneven recovery, pressing