Us Retail News Today

Gradual progress in US retail restocking provides encouragement amidst slower pace, stay hopeful

US Retail: Retail sales in the United States rose unexpectedly last month, according to government data released Thursday, with consumer spending holding up in the face of higher interest rates. But with inflation coming down, the Federal Reserve held interest rates steady at the end of its latest meeting on Wednesday as policymakers assessed the state of the economy.

The better than expected reading lifted the dollar, even though a weak reading on producer prices, along with Tuesdays consumer price index report, signaled a cooling economy that still suggests the Feds fight against inflation is on track.

The U.S. retail sales experienced a decline in October, albeit less than anticipated, following several months of robust gains. This development suggests a potential slowdown in demand, reinforcing the growing sentiment that the Federal Reserve has concluded its course of interest rate hikes.

The home improvement retailer reported quarterly sales and profit that topped analysts expectations.

"The whole idea of the U.S. economy slowing down in Q4 was that the consumer would pull back, and they ended Q3 on a very strong note," said Marc Chandler, chief market strategist at Bannockburn Global Forex.

Target said on Tuesday it would hire nearly 100,000 employees for the holiday season, like past two years, and ...

Their new platform is cryptocurrency exchange Coinbase Global, which on Aug. 16 became the first crypto-focused firm to win approval to offer cryptocurrency futures to U.S. retail customers.

WASHINGTON: US retail sales fell more than expected in March as consumers cut back on purchases of motor vehicles ...

Companies like REI and Starbucks pride themselves on treating workers well—but seem to draw the line at unions.