US consumer confidence slips; new home sales decline

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US consumer confidence slips; new home sales decline

WASHINGTON (Reuters) – U.S. consumer confidence fell for a fourth straight month in November amid worries about current business conditions and employment prospects, but remained at levels sufficient to support a steady pace of consumer spending.
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US new home sales fall in October; September revised higher

WASHINGTON, (Reuters) – Sales of new U.S. single-family homes unexpectedly fell in October following recent strong gains, but the overall housing market remains supported by lower mortgage rates. FILE PHOTO: A real estate sign advertising a new home …
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Department store Jenners set to quit Princes Street after 181 years

Edinburgh’s famous Jenners department store looks set to leave its Princes Street home after 181 years. Plans have been drawn up that would see the store replaced by a hotel and shops. The building’s owner, Danish billionaire Anders Holch Povlsen, said …
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De La Rue warns on its future, scraps dividend to tackle debt

(Reuters) – Banknote printer De La Rue (DLAR.L) warned on Tuesday of “significant doubt” that it can continue as a going concern, knocking about 40 million pounds off its market value, and said it would scrap its dividend to tackle mounting debt.
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From Jeff Bezos' swim trunks to Bill Gates' watch: Stuff billionaires own that you can afford to buy too

Billionaires can afford to buy just about anything. Microsoft co-founder Bill Gates, worth about $110 billion, according to the Bloomberg Billionaire Index, spends his riches on things like real estate, a private jet and sports cars — he even owns an island in …
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