retail sales

Headlines

Australian Malls Turn To Village Life As Retailers Feel Pinch

As Australia's local merchants struggle with an influx of global names, leading malls are considering returning to...

Headlines

US Inflation Flat In June While Retail Sales Sink

Cheap energy prices kept US inflation flat in June in another sign price pressures remain weak in the world's largest...

Headlines

US Sees ‘slight To Moderate’ Growth In June

The US economy saw "slight to moderate" growth in June while signs of mounting inflation remained scarce despite tight...

News

Reviewing Mid-Year Online Shopping Spree In China

Chinese Internet users splurged on the mid-year online shopping spree on Sunday. While November 11, or Single’s Day,...

Headlines

Gasoline Prices Drag Down US Inflation, Retail In May

Falling US gasoline prices drove inflation and retail sales down in May, defying expectations and raising more...

Headlines

Gasoline Prices Drag Down US Inflation, Retail In May

Falling US gasoline prices drove inflation and retail sales down in May, defying expectations and raising more...

Headlines

US Fed Raises Key Interest Rate To 1.0-1.25%, Signals One More Hike

The US Federal Reserve raised its benchmark interest rate by a quarter point to 1.0-1.25% on Wednesday and signaled...

Headlines

US Car Sales Struggle In May Despite Record Discounts

Auto makers offered big discounts over the Memorial Day holiday, but the response from US car buyers in May was not...

Headlines

Tata Motors Profits Fall 17 Percent On Pound Decline

Indian carmaker Tata Motors Tuesday reported a 17 percent fall in quarterly profits, as the pound depreciated against...

Headlines

China’s Economy Shows Signs of Slowing In April

China's factories and workshops saw their output slow sharply in April, data showed Monday, as the world's...

International

US Retail Sales Rise As Stores Struggle

US retail sales rose by 4.5% in April compared with the same month last year, but department store chains continue to...

Headlines

US Inflation Edges Higher In April

US inflation edged higher in April, reversing the previous month's surprise drop, the Labor Department reported on...

Headlines

Investors Keep Wells Fargo Board At Contentious Meeting

The entire Wells Fargo board of directors was reelected Tuesday after a bruising, rowdy annual meeting where...

Headlines

Caterpillar Quarterly Sales Up For 1st Time In 2-1/2 Years

Caterpillar reported its first jump in quarterly sales in two-and-a-half years Tuesday and said it was heartened by...

International

Higher Fuel Prices Take Toll On Retail Sales

UK retail sales posted a 1.4% rise in February from the previous month, but there are signs that higher fuel prices...

Headlines

US 12-Month Consumer Inflation Highest In 5 Years, Up 2.7%

US consumer prices in February rose at the fastest pace in nearly five years compared to the same month of 2016, while...

International

Sterling Slips As Brexit Talks Get Green Light, Stocks Advance Before Fed

Sterling dropped on Tuesday after Britain's parliament paved the way for Prime Minister Theresa May to launch divorce...

International

China’s Economy Gets Off To Strong Start In 2017 As Investment Rebounds

China issued a raft of upbeat data on Tuesday showing the economy got off to a strong start to 2017, supported by...

International

Election Risks, Retail Sales Hurt Pound and Euro

Falls for the euro and the pound dominated trade in the major global currencies on Friday, hit by a combination of...