Wall Street shares rose early Tuesday following a strong US retail sales record, even as Dow member Walmart tumbled following disappointing income. US retail sales rose 0.9% in April as vehicle sales rebounded and categories together with electronics, home furniture, and eating places saw sturdy gains. The report suggested the continued strength of the American consumer, although … Read more
Americans spent extra at gasoline stations however less at auto sellers and e-commerce websites remaining month, sending retail sales lower, authorities records stated Thursday. The Commerce Department said retail income rose 0.5 percentage in March as compared to February’s upwardly revised fee, barely much less than analysts forecast. Underpinning the boom turned into an eight. … Read more
WASHINGTON: US retail sales rose only slightly in November as spending on cars and online merchants flattened, according to government data released Wednesday. Total sales increased just 0.3 per cent, the Commerce Department reported, which was much smaller than economists expected and followed a nearly two per cent jump the month prior. Retail sales in … Read more
