US retail spending picked up sharply in July
Spending at US retailers rose in July at a much faster pace than in the prior month, a combination of both strong demand among American consumers and higher prices because of elevated inflation. It was also the fourth straight month that retail sales increased.
2023-08-15 23:17
US Retail Sales Top Forecasts, Showcasing Consumer Resilience
US retail sales rose in July by more than forecast, highlighting how the resilience of consumers is helping
2023-08-15 20:56
US retail sales increase more than expected in July
WASHINGTON U.S. retail sales increased more than expected in July as Americans boosted online purchases and dined out
2023-08-15 20:50
Home Depot Earnings Top Estimates as DIY Spending Sustained
Home Depot Inc. earnings exceeded the average analyst estimate, suggesting that US home improvement spending is performing slightly
2023-08-15 19:56
Internet Firm Sea Misses Sales Estimates on Slowing E-Commerce Demand
Sea Ltd.’s revenue missed estimates after its e-commerce division posted slowest growth on record, reflecting fallout from economic
2023-08-15 19:55
Retail earnings this week could say a lot about the state of America's economy
Earnings season continues this week with Target, Walmart, TJ Maxx parent company TJX and other high-profile retailers set to release their quarterly results.
2023-08-15 19:25
Target’s Struggles Are Only Getting Worse
Target Corp.’s results have been deteriorating since last year, and the retailer is likely to add to investors’
2023-08-15 18:00
Food Inflation Drops Sharply as UK Living Cost Crisis Subsides
Grocery price inflation has fallen sharply, another sign that Britain’s cost-of-living crisis is gradually easing for consumers. Annual
2023-08-15 15:27
Marks & Spencer Forecasts Profit Will Increase This Year
Marks & Spencer Group Plc raised its outlook, predicting profit growth this fiscal year as the UK retailer
2023-08-15 14:48
China Cuts Rate by Most Since 2020 as Economic Woes Deepen
China’s central bank unexpectedly reduced a key interest rate by the most since 2020 to bolster an economy
2023-08-15 11:20
Amazon’s Leader on Alexa, Echo and Other Devices Plans to Leave
Amazon.com Inc. devices chief Dave Limp plans to retire — the latest senior leader to announce his departure
2023-08-15 05:26
Schwab Says TD Ameritrade Deal Spurring Retail, Advisory Attrition
Charles Schwab Corp. said it’s experiencing temporarily lower net flows of client money as the brokerage sees attrition
2023-08-14 20:46