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Consumer Sentiment Index Goes Up in May

Consumer confidence in the United States increased in May to the highest level in six years. It was attributed to the rising estate values and record stock prices that bolstered household wealth. The preliminar...
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Elan Agrees to a $1 Billion Royalty Deal

Drugmaker Elan Corporation agreed to a $1 billion royalties deal that appeased the worries about its risky acquisition strategy and fend off a takeover attempt by Royalty Pharma. The company has been trying to ...
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Consumer Credit Climbs Less than Estimate

Consumer borrowing in the United States increased less than the estimate in March as Americans made less credit card purchases for the first time in 2013. The $7.97 billion increase came after the $18.6 billion...

U.S. Cellular to off Apple Products

U.S. Cellular is the sixth largest wireless service provider in the U.S. and it announced last week that it would start later this year to carry products made by Apple. The company’s announcement was part of...