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The moves follow a mixed holiday season so far, with muted spending in stores on key shopping days such as Black Friday
Retail sales increased 1.0 per cent last month after a downwardly revised 0.2 per cent drop in June, the Commerce Department's Census Bureau said on Thursday
Inflation and higher interest rates are forcing households to prioritise essentials and cut back on discretionary spending
Retail sales dropped 0.8% last month, the Commerce Department's Census Bureau said on Thursday, also likely weighed down by winter storms
Organic sales rose 7% in the quarter ended Sept. 30, the maker of Tide detergent and Pampers diapers said Wednesday. Analysts had projected growth of 5.8%, according to data compiled by Bloomberg
Sales, unadjusted for inflation, increased 0.7% after upwardly revised advances in the prior two months, according to the Commerce Department
Ebbing demand for goods is undercutting production at factories, with other data on Friday showing manufacturing production declining last month
U.S. data overnight showed October retail sales rose 1.3%, compared with economist expectations for 1.0%, a healthy signal but one that dented hopes for a pause in rate increases
US retail sales flat in July; core sales rise; retailer Target's quarterly profit slumps
Net sales for the largest US home improvement chain climbed 6.5% to a $43.79 bn, compared with estimates of $43.36 bn
1.4% jump comes on the back of easing recession fears, China policy support
CLOSING BELL: Tata Consumer Products, Titan, Eicher Motors, HUL, Tata Motors, Maruti, M&M, Nestle India, HDFC, L&T, and BPCL topped the charts
Global stock markets were mixed and Wall Street futures were lower Wednesday after positive US retail sales data helped to offset concern the Federal Reserve might consider more rate hikes to cool inflation. London and Frankfurt opened lower. Tokyo and Seoul advanced, while Shanghai declined. Oil prices rose more $1 to stay above $110 per barrel. On Wall Street, the future for the S&P 500 index was down 0.4% after the market benchmark rose by 2% on Tuesday. That came after positive US retail sales data helped to offset worries about inflation and rate hikes. The Fed will have to consider moving more aggressively if inflation that is running at a four-decade high fails to ease after earlier rate hikes, chair Jerome Powell said at a Wall Street Journal conference. Expectations of rate hikes ticked higher due to Powell's comments, but markets are shrugging it off and are in need of a breather after a selloff, Yeap Jun Rong of IG said in a report. In early trading, the FTSE 100 in ...
U.S. retail sales increased strongly in April suggested demand was holding strong despite high inflation and assuaged some fears that the economy was heading into recession
Walmart slides after cutting earnings forecast; April retail sales rise in-line with estimates
December retail sales revised to show steeper decline; core retail sales jump 4.8%
Main stock indexes in the United States are eyeing a third straight yearly gain, with the benchmark S&P 500 on track to close out the year 26.4% higher
Solid hiring, strong pay raises, and healthy savings for many households are underpinning robust spending
Oil fell with the greenback near a three-week high following a rally on Friday on better-than-expected US retail sales data.
Retail sales unexpectedly rise in August; Tesla falls as Ark dumps shares