A measure of consumer sentiment rose to a reading of 94.7 in May, up 5.7 points from April’s reading of 89, the University of Michigan said Friday. Americans are more confident than at any time in almost a year, as cheap gasoline, low interest rates and a rebound in stocks boost the economy’s prospects. That marked the biggest jump in a single...

Source: Wall Street Journal May 27, 2016 08:44 UTC