Rising inflation in March didn’t deter consumers, who shopped faster than expected, the Commerce Department reported Monday. Retail sales rose 0.7% for the month, significantly faster than the Dow Jones consensus forecast of a 0.3% rise but below the upwardly revised 0.9% in February, according to Census Bureau data, which is seasonally adjusted. but are…
Beyoncé leaves the Luar fashion show at 154 Scott in Brooklyn during New York Fashion Week on February 13, 2024. James Devaney | GC Images | Getty Images Western boots have a new protector in Beyoncé. According to consumer behavior firm Circana, sales of the country fashion classic rose more than 20% in the week…
Democrats in Congress are increasingly concerned about how Israel is waging war in Gaza and are considering whether to use their influence over arms sales to raise objections to the civilian death toll and increase pressure on President Biden to set conditions for the to provide US support for the military offensive. While top Republicans…
Consumer spending fell sharply in January, posing a potential early danger sign for the economy, the Commerce Department reported Thursday. According to the Census Bureau, advanced retail sales fell 0.8% for the month, following a downwardly revised 0.4% increase in December. A decline had been expected: Economists polled by Dow Jones expected a 0.3% decline,…
