Starwatch Consumer

Another spring swoon in the economy worries Americans

Updated: 2013-04-20T02:38:25Z

Pessimism on economy

Only 1 in 4 Americans now expect their own financial situation to improve over the next year, a new Associated Press-GfK poll shows. The poll shows that just 46 percent of Americans approve of President Barack Obama’s handling of the economy while 52 percent disapprove. That’s a negative turn from an even split last September — ahead of Obama’s November re-election victory — when 49 percent approved and 48 percent disapproved.

Just 7 percent of Americans said they trust the government in Washington to do what is right “just about always,” the AP-GfK poll found. Fourteen percent trust it “most” of the time and two-thirds trust the federal government just “some of the time.” Eleven percent say they never do.

Nissan recalls 2013 SUVs to fix brake problem

Nissan is recalling more than 19,000 Nissan and Infiniti SUVs because a brake part can fail and make it harder for the driver to stop the car. The recall affects Nissan Pathfinder and Infiniti JX SUVs from the 2013 model year. The automaker says an iron brake caliper part wasn’t made properly and can crack or fail. If that happens, the brake calipers can move and hit the wheel. That can reduce braking power and increase the risk of a crash.

Nissan will notify owners starting in May. Dealers will inspect the SUVs and replace the parts free of charge if needed.

SeaWorld surges

SeaWorld Entertainment Inc.’s stock had a good first day of trading Friday on the New York Stock Exchange. The owner of theme parks famous for water shows featuring killer whales and dolphins was priced at $27 a share, the top of its expected range, and then closed up $6.52 at $33.52.

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