Page 13 - Peter Essele News Today

Boosted by record-high fuel prices, U.S. retail sales increased in March, but consumers are starting to feel the effects of rising inflation

WASHINGTON—U.S. retail sales increased solidly in March, boosted by record-high gasoline prices, but consumers are starting to feel ...

"Retail sales showed little damage from higher energy prices," said Jefferies' chief economist. March retail sales rose 0.5% led by gas stations.

U.S. retail sales increased solidly in March, boosted by record- high gasoline prices, but consumers are starting to feel the pinch of high inflation, with online spending posting back-to-back...

U.S. stock index futures were little changed during overnight trading Sunday.

U.S. stock index futures were little changed during overnight trading Sunday.

A widening lens on how corporations are judged make investing even more complicated. Its not just about products, profits and potential anymore.

According to the Energy Information Administration, the price of conventional gasoline has risen 57 percent in the past year, and consumers are feeling the squeeze.

One economic expert told Newsweek a 10 to 15 percent increase in the cost of baked goods is expected.

The CPI vaults 7.9% for February, so the S&P 500 returns to retreating.