U.S. retailers posted better- than-expected monthly sales results for a second straight month in April, giving fresh evidence that consumer spending is warming up with the spring weather.
The volume of retail trade in March of the European Union’s 27 nation bloc (EU27) fell by 0.3% and the euro area (EA16) down by 0.6%. In February of this year, retail trade fell by 0.8% and 0.3% respectively, according to the European statistics.
Warmer weather and a later Easter likely spurred many U.S. consumers to shop in April, and may lead retailers to post only a very modest decline in monthly sales later this week.
Research In Motion is planning a next-generation version of its touchscreen BlackBerry Storm smartphone as part of a continuing push into the retail market, its co-CEO said on Monday.
Research In Motion is planning a next-generation version of its touchscreen BlackBerry Storm smartphone as part of a continuing push into the retail market, its co-CEO said on Monday.
Online currency trading platform FOREX.com launched in Europe on Monday, offering retail investors across the continent another way to trade in the $3.2 trillion a day market.
NRG completed on Friday a $287.5 million acquisition of Reliant Energy's retail business in Texas and said it’s committed to increasing the renewable portion of its supply portfolio and will change its corporate name to RRI Energy Inc.
Although we have discussed commercial real estate many times in our comments over the past few years, we have never devoted the whole comment on the subject.
Amazon's Kindle 2 electronic reader retails for $359 but costs about half that amount to build, research group iSuppli Corp said on Wednesday.
Royal Bank of Scotland is in talks with three banks interested in buying its Asian retail and commercial banking assets as it pulls back to core markets, a person familiar with the matter said.
Stocks fell on Tuesday as a surprising drop in retail sales dented hopes the recession was abating and financial shares slid on fears that Goldman Sachs' share offering could prompt others to follow suit.
Hopes of seeing the end to the recession were crushed on Tuesday at the U.S. retail sales saw an unexpected drop of 1.1 percent in March compared to the previous month, the Commerce Department said.
Stocks fell on Tuesday as a surprising drop in retail sales dented hopes the recession was abating and financial shares slid on fears that Goldman Sachs' share offering could prompt others to follow suit.
Sales at U.S. retailers unexpectedly fell 1.1 percent in March after rising for two straight months, government data showed on Tuesday, dimming hopes the 16-month-old recession was close to hitting bottom.
Stocks fell on Tuesday as a surprising drop in retail sales dented hopes that the recession was abating and financial shares slid on fears that a stock offering by Goldman Sachs could prompt others to follow suit.
Stocks extended losses on Tuesday as worries about consumer spending were stoked by an unexpected drop in retail sales and investors sold off financial shares.
Sales at U.S. retailers unexpectedly fell 1.1 percent in March after rising for two straight months, government data showed on Tuesday, dimming hopes the 16-month-old recession was close to hitting bottom.
Stocks fell on Tuesday after an unexpected drop in retail sales dampened recent optimism over the state of the U.S. economy.
Sales at U.S. retailers unexpectedly fell in March, snapping two months of increases, as motor vehicle and electronic good purchases declined, according to a government report on Tuesday that indicated subdued consumer spending amid rising unemployment.
Sales at U.S. retailers fell in March, snapping two months of increases, a government report showed on Tuesday, indicating the recession was far from hitting bottom as mounting unemployment depress consumer spending.
Stocks opened lower on Tuesday after data showed retail sales and producer prices came in worse than expected in March, offsetting earnings from Johnson & Johnson.
Sales at U.S. retailers unexpectedly fell in March, snapping two months of increases, as motor vehicle and electronic good purchases declined, according to a government report on Tuesday that indicated subdued consumer spending amid rising unemployment.
