US retail sales miss expectations, but core sales strong
WASHINGTON U.S. retail sales increased less than expected in April, but the underlying trend was solid, suggesting that
2023-05-16 20:57
Mercedes plans new electric van platform, 20% cost cuts by mid-decade
By Nick Carey LONDON Mercedes-Benz's van unit said on Tuesday that it plans a new, scalable platform for
2023-05-16 20:55
Retail spending rebounded in April
Spending at US retailers rose in April following two months of declines, showing the US consumer is still fueling the economy.
2023-05-16 20:51
Retail sales up 0.4% in April from March, buoyed by solid job market, easing inflationary pressures
Consumers picked up their spending in April from March, buoyed by a solid job market and easing inflationary pressures
2023-05-16 20:50
Lebanese central bank governor no-show in Paris corruption probe
Lebanon’s embattled central bank governor has failed to appear before French prosecutors in Paris, questioning him in the ongoing European money-laundering and illicit enrichment probe
2023-05-16 20:48
Millennial Money: What’s concierge medicine? Is it worth it?
Concierge medicine, a business model in which patients pay a membership fee to have a direct relationship with a doctor — used to feel like something just for the well-to-do
2023-05-16 20:47
Bank Executives Face Grilling as US Lawmakers Pry Into Failures
The fight over who bears the blame for the recent US bank failures will turn ever more political
2023-05-16 20:29
Wall Street's 'fear gauge' is rising as US debt talks drag on
The United States government is inching closer to its so-called debt ceiling X-date, when the Treasury could run out of cash and extraordinary measures to pay all government obligations, and both political parties remain at odds with no concrete solution to avoid a default.
2023-05-16 20:29
Fed's Mester says central bank committed to getting back to 2% inflation
By Michael S. Derby NEW YORK Federal Reserve Bank of Cleveland President Loretta Mester said Tuesday the U.S.
2023-05-16 20:25
Turkey's market rout deepens after Erdogan's strong election showing
By Libby George and Canan Sevgili LONDON (Reuters) -Turkey's market rout deepened on Tuesday amid investor expectations that President Tayyip
2023-05-16 20:23
Union for Canada's second biggest airline says pilots issue 72-hour strike notice
The union for Canada’s second biggest airline have issued a 72-hour strike notice to WestJet and they warn the airline could be shut down before the weekend
2023-05-16 20:18
Shoppers are pulling back at Home Depot
Consumers are taking on smaller home improvement projects as higher interest rates and inflation take their toll.
2023-05-16 19:55