EconoTimes
America’s Roundup: Dollar strengthens after US retail sales data,Wall Street ends higher, Gold edges down, Oil ends little changed
Market Roundup US Retail Sales (MoM) (Apr): 0.5%, 0.5% forecast, 1.6% previous. US Core Retail Sales (MoM) (Apr): 0.7%, 0.7% forecast, 1.9% previous. US Initial Jobless Claims: 211K, 205K forecast,
Finance & Commerce
U.S. retail sales rise even as gas prices threaten spending
WASHINGTON — U.S. retail sales increased by the most in seven months in February as motor vehicle purchases rebounded and temperatures warmed up, but surging gasoline prices because of war in the Middle East could crimp spending in the months ahead.
Bloomberg L.P.
US Retail Sales Rise by More Than Forecast in Broad Advance
US retail sales rebounded by more than forecast in February in a broad advance as consumers stepped up spending after a slow start to the year. The value of retail purchases increased 0.6% after a slight decline in January, helped by resurgent auto sales.
AOL
US retail sales strong in February; rising gasoline prices will hurt spending
WASHINGTON, April 1 (Reuters) - U.S. retail sales increased by the most in seven months in February as motor vehicle purchases rebounded and temperatures warmed up, but surging gasoline prices because of war in the Middle East were expected to crimp ...