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Strong retail sales ease growth worries

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Americans shrugged off high gasoline prices in March and spent more strongly than expected, suggesting economic growth in the first quarter was probably not as weak as many had feared.
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Retail sales strength eases growth worries

Retail sales showed unexpected vigor in March as Americans shrugged off high gasoline prices and bought a range of goods, suggesting economic growth in the first quarter was probably not as weak as many had feared.
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Retail sales beat expectations in March

Retail sales rose more than expected in March as Americans shrugged off high gasoline prices and bought a range of goods, suggesting that economic growth in the first quarter did not slow as much as many had feared.
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March retail sales up 0.8%

WASHINGTON, Apr 16 - Retail sales rose by 0.8% in March and for the third month, 'core' retail showed solid growth. March's gain is some two times larger than expected after February's 1% advance (originally up 1.1%), when the market thought there would be slowed activity after February's accommodative weather had pulled consumption forward.
A man inspects yellowfin tuna at the fishing port of Donggang, Pingtung county, southern Taiwan May 19, 2010.

Hold The Sushi: Moon Marine Recalls 29.4 Tons Of Raw Tuna

Because of a multistate outbreak of Salmonella Bareilly infections, the Moon Marine USA Corp., aka MMI, of Cupertino, Calif., is voluntarily recalling 58,828 pounds of a frozen raw yellowfin tuna product labeled as Nakaochi Scrape AA or AAA, the U.S. Food and Drug Administration has announced.
mall shopper

Retail Sales, Housing Starts: Next Week’s Economic Events

Reports on retail sales and housing starts in March highlight the economic calendar next week, April 16-20. Economists will be watching for any lingering signs of a positive boost from the recent warm weather, as well as indications of whether the strength in consumer demand continues.
Gas pump

US Consumer Confidence Down On Mixed, Polarized Readings

A preliminary survey of consumer confidence for April shows the lackluster job creation seen in March is playing into people's pessimism more than economists had expected. But a recent, tiny, decline in gasoline prices, following a dizzying climb at the beginning of the year, is at least making consumers feel better about inflation and hence, expectations for the future.
Barnes & Noble New NOOK Now Lets You Read in the Dark

Barnes & Noble New NOOK Now Lets You Read In Darkness; Will The GlowLight Device Conquer The Market Of Apple And Amazon? [PHOTOS & VIDEO]

Barnes & Noble has invented a GlowLight solution for those who are addicted to bedtime reading and at the same time do not wish to disturb their sleepy spouses. As claimed by the company, NOOK Simple Touch is the world's first E Ink reader flaunting patent-pending lighting technology with a soft, adjustable glow feature -- GlowLight -- which will let the users read in the darkness, giving them just the right amount of light required for reading.
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My Little India

On my first visit back to my neighbourhood street after a long stint of living abroad, I felt l was plunging headfirst into the Great Indian melting pot.
A woman opens a glass door with a "Now Hiring" sign on it as she enters a Staples store in New York

Jobless Claims Jump To 380,000, Higher Than Forecast

Claims for jobless benefits rose to 380,000 last week, giving economists another piece of data to worry about after a gloomy job market showing in March. Meanwhile, a Federal Reserve report published Wednesday painted a picture of a recovery that continues to press ahead, however, modestly, amid concerns of higher fuel prices.
US Federal Reserve

Rising Gas Prices Threaten Modest Economic Expansion: Fed

The U.S. economy expanded at a modest to moderate pace from mid-February through late March, but local industries remain concerned about high gas prices in coming months, the U.S. Federal Reserve said Wednesday in its new Beige Book.

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