Higher energy prices rippled through the economy in June, helping to drive a bigger-than-expected gain in retail sales. The sharp rise in wholesale prices -- as well as "core" prices that exclude food and energy -- could fan investors' fears about inflation.
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Wholesale prices, retail sales rise in June (AP)
Posted by admin 380 days ago (http://us.rd.yahoo.com)US retailers report May sales declines (AP)
Posted by admin 420 days ago (http://us.rd.yahoo.com)
Many U.S. retailers said same-store sales fell in May, as expected, as shoppers continue to spend cautiously, focusing on bargains and food.
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Stocks fall on weak retail sales, foreclosure jump (AP)
Posted by admin 441 days ago (http://us.rd.yahoo.com)
Investors are looking at the economy more skeptically. Stocks retreated more than 2 percent on Wednesday and bond prices rose after two reports suggested the economy is not bouncing back as quickly as investors hoped.
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Retail sales dip raises worries about recovery (AP)
Posted by admin 441 days ago (http://us.rd.yahoo.com)
Retail sales fell in April for a second straight month, dashing hopes that consumer spending was starting to revive and would help end the recession.
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