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Economic activity. And today, a rash of economic reports from jobless claims to personal income and spending gave us a look at just how fiscally fit americans are heading into the biggest shopping season of the year. Steve liesman breaks down the data. Reporter a torrent of Economic Data released early ahead of the holidays presented an economic puzzle. How can the same data both bring down the outlook for growth and consumer spending, and yet, keep economists upbeat about the holiday selling season . For the answer, you have to delve into the data and keep your rosecolored glasses handy. The ...

Economic activity. And today, a rash of economic reports from jobless claims to personal income and spending gave us a look at just how fiscally fit americans are heading into the biggest shopping season of the year. Steve liesman breaks down the data. Reporter a torrent of Economic Data released early ahead of the holidays presented an economic puzzle. How can the same data both bring down the outlook for growth and consumer spending, and yet, keep economists upbeat about the holiday selling season . For the answer, you have to delve into the data and keep your rosecolored glasses handy. The ...

Welcome back to squawk box here on cnbc first in business worldwide. Im Andrew Ross Sorkin with joe kernen. Becky enjoying the day off. And for viewers outside of the United States, happy boxing day. It comes from a tradition where boxes were given to people and the box would include a gift or two and perhaps some leftovers from the tables of the wealthy. I used to think it was boxing day. I didnt know. I learned this about a decade ago, but every year we get emails from people saying thank you for explaining that. We didnt know. Its said some of the boxes include gifts. Do some of the boxes p...

Capped a strong week within striking distance of alltime record closing high. Blue chip index up to 18,127. The nasdaq gained 34 points rising for 5 Straight Days to get third highest close ever at 5026. And s p 500 up nearly 19 to 2108. In a week of big triple digit swings dont fight the fed. Stocks got lot of help after the fed wednesday dropped the word patient from its Interest Rate prognosis but basically said it will be patient about raising them. The dow rose 2 for the week. The nasdaq outpacing the others with a 3 rise and the s p. So its steepest weekly advance. But focus squarely thi...

Performer behind utilities. And while most strategists arent expecting much from earnings season they say the news wont be all bad. Especially when it comes to the banks. Dominick chiao takes a look at what to expect and why this group is so important to investors. Theres a reason why so many investors care about what happens in the Financial Sector that sector is the second most heavily weighted one in the entire large cap s p 500 index. Financials are expected to be a bright spot with the highest anticipated Earnings Growth of any sector out there. There are a number of things working in the...