Overview: Deteriorating economic outlook knocks sentiment
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A worsening outlook for the world economy drove global stock markets sharply lower on Tuesday and intensified speculation about an emergency US interest rate cut by the Federal Reserve.
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U.S. consumer sentiment ebbed in December as consumers pared back their view of their future financial conditions, raising concerns on the outlook for spending.
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NEW YORK -- Worries about jobs and the economy flared in September, driving a key barometer of consumer sentiment to its lowest level in nearly two years, a private research group said Tuesday.
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WASHINGTON - Americans are becoming increasingly glum about their economic prospects, as uncertainty over the outcome of the neck-and-neck presidential race grows.
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NEW YORK - US stocks are seen in a contemplative mood Friday with the revised second-quarter gross domestic product reading likely to have a large bearing on sentiment and overall direction.
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The U.S. economy will linger  through a "soft patch" for the foreseeable future and a  pullback in consumer spending could trigger a recession within  the next two years, according to a widely watched forecast  issued on Wednesday.
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Euro zone economic indicators for release this week would show that business and consumer confidence was falling and that inflation was on the rise again, economists said.
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Federal Reserve Chairman Ben Bernanke has warned the outlook for the US economy is deteriorating.
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Consumer sentiment fell sharply in  early February to levels associated with previous recessions,  dragged down by concerns a bleak economic outlook would raise  the unemployment rate, a survey showed on Friday.
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Failure of the plot to blow up U.S.-bound planes saved the weakening economy from a major jolt. Now economists are keeping close tabs on consumers and businesses for lingering fears.
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Interest rate fears add to jitters in financial markets.
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A growing number of Americans expect a U.S. recession in the next year as the housing slump and steep food and energy prices sour sentiment, a Reuters/Zogby poll released on Wednesday shows.
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Weak durable goods orders last month fueled concern on Thursday over the resilience of the U.S. economy to the country's steep housing slump.
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The US economic outlook has suddenly darkened in the wake of data showing a stalling of the job growth machine, raising risks that a housing slump will lead to a full-blown recession, analysts say.
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Consumer sentiment fell further than  expected in late October to its lowest in more than a year as  concerns about the housing slump darkened the economic outlook,  a survey released on Friday showed.
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Financial markets were hit hard by a disappointing jobs report.
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The consumer sentiment index slipped to 95.8 from 95.9 in August. Economists were expecting the index would tick up to 96.5. The index will be updated in two weeks to reflect surveys returned throughout September.