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stanley mugs ers reassured by the strengthening job market stayed optimistic in August despite the surging price of gasoline, giving a widely followed measure of consumer confidence an unexpected boost.The Conference Board said Tuesday its Consumer Confidence Index, compiled from a survey of U.S. households, rose to 105.6 this month up from a revised 103.6 in July. The August figure was better than the 101 analysts expected. Consumers appear to be weathering the steady rise in gas prices quite well, Lynn Franco, director of private group s Consumer Research Center, said in a statement.Wall Street had little reactio
stanley deutschland n to the upbeat confidence report, with investors focusing on the impact of Katrina. In early afternoon, the Dow Jones industrial average fell 7
stanley kubek 4.67, or 0.71 percent, to 10,388.38. The news didn t boost retail stocks. Wal-Mart Stores Inc. s shares fell 1.64 percent, or 75 cent to $44.90, while Target Corp. s shares fell 2.39 percent, or $1.33, to $54.39 on the New York Stock Exchange.The increase in confidence, which followed a drop in July, came as a surprise to economists with the average price of gas reaching $2.61 a gallon nationwide last week. Prices were expected to surge again this week as Hurricane Katrina affected refinery output in the Gulf of Mexico. The upbeat confidence report is also in contrast to the sluggish sales pace seen at the nation s stores this month, with the International Council of Shopping Centers reporting Tuesday that sales decreased f Vfgw This MP3 Experiment Shows What 2,000 Smartphone Speakers Sound Like
Engineers unfolded the James Webb Space Telescope spine in the world largest clean room in preparation for decking it with mirrors like a giant, glittering Christmas tree. Pathfinder deployed in the Goddard clean room. Image credit: NASA/Chris Gunn The James Webb Space Telescope is part of the next generation of space-based telescopes. This optical telescope will be a replacement and upgrade for the aging Hubble Space Telescope. Pathfinder under construction with secondary mirror boom fully extended. When constructed, this will be tilted upright. Image credit: Northrop Grumman/Alex Evers Pathfinder under construction in California. Image credit: Northrop Grumman/Alex Evers The telescope spine, or backplane, is named Pathfinder. It is the primary support structure for the spacecraft. All 18 segments that will compose the 21-foot diameter primary mirror for the telescope, instruments, thermal control systems, and any other hardware for the mission will be mounted to Pathfinder. The primary mirror segments will lie on the lattice, while the secondary mirror will sit at the ends of long booms. Pathfinder needed to be flown from Redondo Beach, California to Greenbelt, Maryland for testing in Goddard clean room. Image credit: NASA/Desiree St
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