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Consumer Confidence Highest Since Before Recession, Survey Says

Here's news that could affect both the economy and the presidential race:

Consumer confidence has improved "in each of the past nine monthly surveys" and is now at "its highest level since October 2007," according to the latest Thomson Reuters/University of Michigan Survey of Consumers. The most recent recession officially began in December 2007, and lasted into early summer 2009.

Since consumers purchase about 70 percent of all the goods and services that businesses produce, they are a critical driving force for the economy. And, since many consumers also vote, how they feel could help determine which candidate gets their support.

But Richard Curtin, chief economist for the survey, notes in his analysis that "consumer confidence was nearly as high in the past two years before the gains were reversed. While gas prices and economic policy debates played a role in the pull backs, changes in job expectations also had a critical impact."

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NPR

At 81, Disney's First African-American Animator Is Still In The Studio

First hired in the 1950s, Floyd Norman is still drawing. "Creative people don't hang it up," he says. "We don't walk away, we don't want to sit in a lawn chair. ... We want to continue to work. "
NPR

America's Real Mountain Of Cheese Is On Our Plates

To help dairy farmers hurt by a glut, the USDA said this week it'll buy $20 million worth of cheese and give it to food banks. But we eat so much of the stuff, that's hardly a drop in the bucket.
WAMU 88.5

Friday News Roundup - International

Italy searches for survivors after a devastating earthquake. Turkey escalates its role in the fight against ISIS. And Colombia and the FARC rebels sign a peace treaty ending a half-century-long guerrilla war. A panel of journalists joins guest host Derek McGinty for analysis of the week's top international news stories.

NPR

WhatsApp Will Start Sharing Data, Including Phone Numbers, With Facebook

It will also test new ways for businesses to communicate with users on the app. The privacy policy changes mark the long-expected move by Facebook to begin making money from the free app.

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