U.S. Consumer Confidence Falls From a Six-Year High

Consumer confidence in the U.S. unexpectedly dropped in August from a six-year high as Americans faced rising interest rates.
The Thomson Reuters/University of Michigan preliminary index of consumer sentiment fell to 80 from 85.1 in July, which was the highest since July 2007. The median projection of 68 economists surveyed by Bloomberg called for little change at 85.2. The decline this month was the biggest since December.Read more...

Sony and Viacom Reach Tentative Deal to Stream Cable Channels

In a deal that may signal the start of a new era of competition for entrenched cable and satellite providers, Viacom has tentatively agreed to let its popular cable channels—like Nickelodeon and MTV—be carried by an Internet TV service that Sony is creating.
The agreement is believed to be the first of its kind between a major programmer and any of the technology giants that...Read more...

Time Management For The Time-Challenged

At the risk of sounding immodest, I’m going to admit that I’m good at managing my time.  Co-workers, clients and friends often comment on how much I can produce and the range of work I can cover. I think of myself as one of those people who just gets stuff done. (There’s a dark side to this, in that I can be task-mastery and frustrated by distractions, but that’s a post for another day.). Read more...

Why Crowdfunding is Disrupting Finance

It is truly remarkable to think about the disruption that has resulted from the creation of marketplaces in almost every industry over the last few years. Need a restaurant reservation?  Open Table has it down to a science- compare that to your experience just 10 or 15 years ago. Hotel rooms? Enter Airbnb. Clothing? Enter Poshmark. Dog sitter while...Read more...

Clear Choices on Housing-Finance Reform

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Common Money-Saving Mistakes That Can Cost You

Everyone likes to save money, but certain deals aren't all they're cracked up to be. Here are a few ways to avoid the most common money-saving mistakes.

First, never tell a salesperson your maximum budget. Your inclination may be to set a price limit, but once they know your budget, salespeople will...Read more...

Art Cashin Video: 'Desperate search to put money to work'

Art Cashin says there's a "desperate search to put money to work" that has money managers buying commodities and European assets.
Cashin, the UBS Director of Floor Operations at the NYSE, told CNBC's Bob Pisani that "money managers are...Read more...