Consumer Spending
FTSE 100 shares close lower
Mar 21, 2013 13:18 EDT
London shares closed lower on Thursday as traders looked past positive economic data to focus on bleak eurozone news, notably fallout from the Cyprus bailout impasse.
British retail sales rebound strongly in February
Mar 21, 2013 07:27 EDT
British retail sales jumped 2.1 percent in February, official data showed on Thursday, after dropping by 0.7 percent in January when snow caused shoppers to avoid the high street.
China manufacturing 'improves in March'
Mar 20, 2013 23:05 EDT
Manufacturing activity in China improved in March after expanding at its slowest pace in four months in February, HSBC said on Thursday, lifting hopes for a pick-up in the world's number two economy.
China to become biggest online market: study
Mar 20, 2013 13:17 EDT
China's online sales are forecast to exceed $420 billion annually by 2020, which will likely make the country the world's largest online retail market, a study showed Thursday.
US consumer sentiment sinks
Mar 15, 2013 11:27 EDT
US consumer sentiment sank this month after a surge in February, a key index showed Friday, possibly pointing to a slowing of household spending.
Slump deepens for video game sector: survey
Mar 15, 2013 11:07 EDT
US videogame sales extended their decline in February with a 25 percent monthly drop compared with a year ago, according to an industry tracker.
European stocks rise on Irish news before EU summit
Mar 14, 2013 09:16 EDT
Europe's main stock markets rose on Thursday as investors took heart from news that Ireland could become the first eurozone nation to emerge from its bailout programme, dealers said.
Dow extends record-setting streak to seven days
Mar 13, 2013 16:54 EDT
The Dow Jones Industrial Average set a new record closing for the seventh straight day Wednesday as US stocks registered small gains.
European equities close mostly in the red
Mar 13, 2013 13:33 EDT
European stock markets closed mostly in negative territory on Wednesday as traders cashed in recent gains and chewed over mixed eurozone inflation figures.
European equities follow Asian stocks lower
Mar 13, 2013 10:42 EDT
European stock markets fell on Wednesday, mirroring earlier losses in Asia, as traders cashed in recent gains and chewed over mixed eurozone inflation figures.
US retail sales surge 1.1% in February
Mar 13, 2013 10:02 EDT
US retail sales picked up sharply in February despite a payroll tax hike, driven largely by a surge in gasoline prices, government data released Wednesday showed.
China inflation spikes, factory output growth slows
Mar 09, 2013 04:59 EST
Chinese inflation hit a 10-month high in February while growth in industrial production and retail sales slowed, official data showed on Saturday, complicating policymakers' efforts to boost recovery.
China inflation spikes, factory output slows
Mar 09, 2013 04:24 EST
Chinese inflation hit a 10-month high in February while growth in industrial production and retail sales slowed, official data showed on Saturday, complicating policymakers' efforts to boost recovery.
US economy still sluggish: Fed's Beige Book
Mar 06, 2013 16:44 EST
The US economy chugged along at a lackluster pace in recent weeks, according to a Federal Reserve report that left little reason to believe the Fed will abandon its loose monetary policy any time soon.
US auto sales post modest gains in February
Mar 01, 2013 19:29 EST
US auto sales grew four percent in February amid rising fuel prices, snowbound dealerships and uncertainty over the impact of looming government budget cuts on a fragile economy, data showed Friday.
US consumers boost spending in January
Mar 01, 2013 09:36 EST
US consumers increased spending in January despite a sharp drop in income linked to 2013 tax changes, government data released Friday showed.
Barnes & Noble founder seeks to buy retail business
Feb 25, 2013 16:05 EST
Shares of Barnes & Noble soared Monday after the bookseller's founder and largest shareholder proposed buying the company's retail and online businesses, but not its digital Nook businesses.
Volkswagen profit jumps 40.9% as car sales grow
Feb 22, 2013 11:27 EST
Volkswagen, Europe's biggest carmaker, said Friday that its net profit zoomed ahead by more the 40 percent last year on higher vehicle sales, but its chief executive nevertheless saw his salary cut.
China holiday retail sales jump 15%
Feb 16, 2013 00:39 EST
China on Saturday said retail sales jumped nearly 15 percent on-year during the week-long Lunar New Year holiday, as consumers splurged on jewellery, clothes and food.
Chocolate not yet China's cup of tea
Feb 06, 2013 03:13 EST
Michelangelo's David stands proud next to the Eiffel Tower in a Chinese display, flanked by the Great Wall and the Terracotta Army -- all made of chocolate.