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Fox Means Business: 6/26
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Consumer confidence down, home prices up
- Duration 1:02
- Date Jun 26, 2012
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Consumer confidence down, home prices up
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It should be a bummer of -- summer for the economy consumer.
In June falling to a five month low worries over the job market in future wages overshadowing a big dropping gasoline prices.
Meanwhile as mortgage rates are dropping.
Home prices finally our rising -- report showing a price boost in most major cities in April a welcome change.
After seven straight months of declines.
-- looking to add some more pomp and India the world's biggest beverage maker upping its investment in India -- five billions backers.
It's one of coast fastest growing markets sales surging 20% there in the first quarter.
And the Big -- Famous arena is taking a bite out -- Hollywood.
The company that owns New York city's Madison Square Garden is buying the forum and Inglewood California just outside LA.
The price tag.
23 and a half billion dollars.
MSG we'll start renovating the former home of the lakers and kings later this year that's business I'm Dennis --