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Retail sales

US retail sales were flat in July as inflation takes a toll

WASHINGTON ((DailyNews)) — The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many...

Stocks slip on Wall Street, erasing weekly gains for S&P 500

Stocks on Wall Street closed broadly lower Wednesday as drops by big technology companies wiped out the S&P 500′s gains for the week.The benchmark...

Retail sales up 1% in June, easing fears of a recession

NEW YORK ((DailyNews)) — Consumers picked up their spending from May to June, underscoring their resilience despite painfully higher prices at the gas pump...

Markets shake off doldrums as traders get back to buying

NEW YORK ((DailyNews)) — Stocks bounced back after a lackluster start to the week with a broad rally Tuesday as traders got back to...

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