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Solid US retail sales in October underscore economy's resilience
U.S. retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods, suggesting the economy kicked off the fourth quarter on a strong note.
Retail Sales up Solidly in October as Americans Showed Continued Willingness to Spend
U.S. retail sales rose last month at a healthy pace in the latest sign that consumer spending is driving the economy’s steady growth
Retail Sales Rise in October as Americans Remain Willing to Spend
A mix of factors contributed to the uptick, as people bought more cars and home store sales went up as storm damage in the Southeast got fixed. It's a good sign for the holiday shopping season.
US retail sales slightly above expectations in October
U.S. retail sales increased slightly more than expected in October, but underlying momentum in consumer spending appeared to slow at the start of the fourth quarter. Retail sales rose 0.4% last month after an upwardly revised 0.
U.S. Retail Sales Climb Slightly More Than Expected In October
Partly reflecting a jump in sales by motor vehicle and parts dealers, the Commerce Department released a report on Friday showing
US Retail Sales Cool In October After Hurricanes
Retail sales in the United States slowed in October according to government data released Friday, with analysts noting that hurricanes in recent months might have distorted consumption patterns.
4h
on MSN
Good news for the economy is looking like bad news for stocks
The “growth scares” that helped spark steep but short-lived losses for stocks in early August and again in early September ...
The Wall Street Journal on MSN
5h
China’s Economy Picks Up, but Still Needs More Help
Friday’s data shows that Beijing’s recent cascade of monetary and fiscal easing measures have yet to fully reinvigorate an ...
18h
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...
8h
Voters said Trump won because of the economy. Will Mass. Democrats listen?
Americans sent a pretty clear message that they wanted those in office to focus on making life more affordable,” Governor ...
13h
on MSN
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
USA Today
1d
Heading into election, economy looked good — on paper. Here's why that didn't help Harris
"The U.S
economy
is the envy of the world," said Rutgers Business School finance professor Parul Jain. "Why didn’t that ...
19h
Cuba sees growth unlikely in 2024 as hurricanes, earthquakes rattle economy
Cuba is unlikely to see any growth in 2024, Economy Minister Joaquin Alonso said on Thursday, as its already sputtering state ...
23h
on MSN
China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
The Economist
1d
What’s about to hit the world economy?
The conclusion markets seem to be drawing is that things will work out just fine. Although they are alive to risks of ...
7h
on MSN
Hungary's Orbán says sanctions on Russia will 'destroy' EU economy
The European Union must abandon its policy of sanctioning Russia for its war in Ukraine or risk causing an economic collapse, ...
23h
Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong
Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central ...
1h
on MSN
What The Republican Sweep Means For The Economy
Key Takeaways The Republicans won the White House and majorities in both chambers of Congress. The party's sweep of the 2024 ...
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