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Economic Report: Consumer confidence tumbles in December to lowest level since lockdown

The numbers: Consumer confidence stumbled for the second straight month in December, hitting its lowest level since during the worst of the cornavirus lockdowns in May. The index of consumer confidence fell to 88.6 this month from a revised 92.9 in November, the Conference Board said Tuesday. Economists polled by …

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Dow Jones Newswires: ING profit tumbles, missing forecasts

ING Groep NV on Thursday reported a significant fall in net profit for the fourth quarter of 2019, reflecting increases in risk costs, expenses and effective tax rate. The Dutch bank ING, +1.89%  made a net profit of 880 million euros ($ 972.4 million) for the three months ended Dec. …

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