Report: Consumers feel more confident
September 25, 2012 7:26PM
Updated: October 27, 2012 6:18AM
Americans are more confident in the economy than they have been in seven months. A new survey of consumer confidence rose Tuesday to its highest level since February on expectations that hiring will soon pick up. And a separate report showed home values rising steadily, signaling sustained improvement in housing.
The jump in The Conference Board’s index of consumer confidence surprised many economists because the most recent hiring and retail sales figures have been sluggish.
Barnes & Noble to offer video service
Barnes & Noble Inc. says it will launch a video service this fall that lets users buy and watch movies and TV shows on their mobile devices and televisions.
The company says users of Nook Video will be able to shop an extensive collection of movies and shows from major studios including HBO, Sony Pictures, Viacom and Warner Brothers. The move into video puts Barnes & Noble more directly into competition with other online video providers, including Amazon.com and Apple Inc.
Users will be able to download videos and view them on Barnes & Noble’s Nook tablets and other devices with the Nook Video app.