US producer prices rose 0.2% last month on higher energy costs
WASHINGTON (news agencies) — U.S. wholesale inflation rose last month on higher energy prices.The Labor Department reported Tuesday that its ...
Tag: Retail and wholesale
Holiday shoppers increased spending by 3.8% despite higher prices
Sales rose this year during the holiday shopping season even as Americans wrestled with elevated prices for many groceries and ...
Nordstrom to be acquired by Nordstrom family and a Mexican retail group in $6.25 billion deal
Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail ...
Unionized workers at US Starbucks stores plan strikes starting Friday
Workers at Starbucks stores plan to go on a five-day strike starting Friday to protest lack of progress in contract ...
Federal Reserve is set to cut key rate but consumers might not feel much benefit anytime soon
WASHINGTON (news agencies) — Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next ...
Energy chief Granholm warns against ‘unfettered exports’ of liquefied natural gas
WASHINGTON (news agencies) — The United States should proceed cautiously as officials consider new natural gas export terminals, Energy Secretary ...
Retail sales rose at healthy pace last month in latest sign of US economy’s health
WASHINGTON (news agencies) — Consumers stepped up their spending at retail stores last month, providing a boost to the economy ...
Small businesses say cautious shoppers are seeking ‘cozy’ and ‘festive’ this holiday season
After the busy Black Friday holiday weekend, Kristen Tarnol, owner of Emerald City Gifts in Studio City, California, is already ...
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
WASHINGTON (news agencies) — Wholesale costs in the United States picked up sharply last month, signaling that price pressures are ...
Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal
Kroger and Albertsons’ plan for the largest U.S. supermarket merger in history crumbled Wednesday, with Albertsons pulling out of the ...
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Technological Innovations from Pakistan: A Testament to Progress
In the evolving tapestry of global technology, Pakistan stands out as a nation surging forward, harnessing the power of digital...
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