Here are the headlines from Tuesday's Bloomberg Market Report.
American automakers are making strides over their foreign competitors in winning over consumers. Researcher Experian Automotive says Ford and General Motors both eclipsed Toyota in customer loyalty in the fourth quarter. Ford snagged the top spot, with a record eight spots in the list of Top 10 Models.
Consumer confidence fell more than expected this month, as Americans worry about the budget battle in Washington, D.C. The index fell to just under 60, which is down from a revised three-month high of 68 last month. Bloomberg economists had only project a decline of about half a point.
If you don't have a financial plan in place, you're among the half of Americans who say they haven't plotted out an economic path for their future. That is according to a study by Northwestern Mutual, which found that the number one obstacle people cited as keeping them from financial planning is a lack of time.