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February U.S. Retail Sales Rise Most In 5 Months

U.S. Retail Sales
Retail sales recorded their largest gain in five months in February as Americans snapped up motor vehicles and bought a range of goods even as they paid more for gasoline, government data showed on Tuesday.
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Applicants Fill Out Forms During a Job Fair at the Southeast LA-Crenshaw WorkSource Center in Los Angeles

Weekly US Economic Snapshot: How Are We Doing?

The economic picture got considerably messier this week, as positive data on job creation battled with gasoline-price-fueled inflation concerns in economists', policymakers' and consumers' minds. Joyous declarations that the economy is finally getting better have turned into more studious critiques of how the incipient recovery is actually affecting poor, working-class and middle-class people.
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Demand For 'Survival Services' Rises In U.S. Cities

Many cities across the United States are still scrambling to help their residents overcome the economic recession that officially ended more than two years ago, according to a survey released on Friday by the National League of Cities.
Iron and Steel Industry in China

China, India See Banks As Key To Economic Revival

Leaders of China and India, two of the world's biggest economies, are responding to a decline in their nation's blistering rates of growth by focusing on virtually identical ways to stimulate bank lending and regain financial momentum.
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Wall Street higher after jobs data

Stocks rose on Friday, adding to their best two-day run in nearly three months, after a report showed the economy added more jobs than expected in February.
Quit Smoking

Surgeon General Declares Youth Smoking An Epidemic

Smoking among America's youth has reached epidemic proportions, starting them on the path to a lifetime of addiction, the U.S. surgeon general's office said in its first report on youth smoking since 1994.
ECB President Draghi, one of the many central bankers who held interest rates steady Thursday

Central Bankers Hold Rates Steady On Inflation Concerns

Central bankers around the world took their foot off the loose monetary policy throttle Thursday and kept benchmark interest rates steady on inflation concerns and the lack of new threats to gross domestic product growth.
A sculpture showing the Euro currency sign is seen in front of the European Central Bank (ECB) headquarters in Frankfurt

Europe Central Banks Keep Rates Steady, Eye Inflation

Two of Europe's main central banks announced Thursday they would be keeping their benchmark interbank lending rates unchanged, in an expected move that analysts see as an acknowledgement of creeping inflation and policy exhaustion.
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Top After Market NYSE Movers (FTK, CCI, CYH, EP, GCA, HOV, HRB, JNY, AIG, SPF, NNN, TXI)

The top aftermarket NYSE gainers Wednesday were: Flotek Industries, Crown Castle International Corp, Community Health Systems, El Paso Corp, Global Cash Access Holdings and Hovnanian Enterprises. The top aftermarket NYSE losers were: H&R Block, Jones Group, American International Group, Standard Pacific Corp, National Retail Properties and Texas Industries.
Facebook Chief Operating Officer Sheryl Sandberg delivers a keynote address at Facebook's ''fMC'' global event for marketers in New York City, February 29, 2012.

Facebook Adds 25 more Underwriters for IPO

Facebook Inc added 25 banks to help underwrite the company's initial public offering, meaning most of Wall Street will have a role in the share sale, according to an amended IPO filing on Wednesday.
HSBC bank branch logo is seen in central London

HSBC Sells Insurance Units for $914M

HSBC announced on Wednesday an agreement to sell its insurance businesses in emerging markets for $914 million in cash, in a continuing effort to offload non-banking assets.
Apple TV

More iPad Plays: 3 Key Items to Watch

While customers and investors need to wait a little more before Apple introduces its update to the iPad2, here are three key items to bear in mind.
Stella McCartney F/W 2012-2013

Stella McCartney weds country girl to urban chic

Stella McCartney sent models down the runway in sporty but sophisticated school girl outfits on Monday, as cutesy collars and flouncy skirts found an anchor in classic English tailoring and rich country tweeds.
Mumbai Railway Station

Budget 2012-13: Expectations and Exigencies

The Union budget has always provided major policy direction which has been anxiously awaited by the common man and the industry. But over the years, the tax system has become more crystallised and yet expectations have not ceased. Check out expectations of Budget 2012-13.

Can Auto Subsidy Boost Japan’s GDP?

The reintroduction of the government subsidy in Japan on fuel-efficient vehicles, which propelled a big increase in retail spending and industrial production in January, will generate negligible benefit to the economy of the country, according to a report.
ONGC

India Should Hold Its Nerve on Stock Auctions

New initiatives don't always succeed first time. The government's auction of 5 percent of Oil and Natural Gas Corp, the energy group, could have flopped had it not been for last-minute intervention from state-owned Life Insurance Company of India. But if Delhi learns the right lessons, the auction route could yet be an effective way of selling stakes in state-run firms.
An interior of Big Lots store

Big Lots 4Q up 4.2%, but Full Year is Down

Big Lots (NYSE: BIG) reported on Friday a 4.2 percent increase in its fiscal fourth quarter profits, beating analysts' expectations through high demand for its discounted products.

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