We’re bullish
Americans are more confident about the economy than at any time since July 2007, a survey found, suggesting consumers will spend more and spur growth in the months ahead.
Mitchell dies
George P. Mitchell, a petroleum engineer and billionaire philanthropist who was chairman and CEO of Mitchell Energy & Development, which was sold to Devon Energy for $3.5 billion in 2002, died Friday at age 94.
Amazon sails
Amazon.com shares hit a record yesterday after quarterly results increased optimism about its US business. The stock rose 2.8 percent to close at $312.01 after hitting a record high of $313.62 earlier in the day.
Wait ‘til Sept.
President Obama won’t nominate a successor to Federal Reserve Chairman Ben Bernanke until at least September, an administration official said.
Losses erased
US stocks rose, with the S&P 500 Index erasing losses in the final 30 minutes of trading, as investors weighed corporate earnings before central-bank meetings next week.