Bussines

11 Articles

US jobless claims rise while retail sales in April grow on higher gasoline prices

US unemployment claims rose moderately last week but were still within acceptable limits as businesses refrained from executing mass-level layoffs even as they...

US retail sales increase 0.5% despite inflation pressures

 US retail sales rose in April, signalling continued resilience in consumer spending even as inflationary pressures intensified across the economy. According to data...

US retail sales show resilience despite cost pressures, ING warns of risks

US retail sales rose 0.5% in April, underscoring resilience in household spending despite higher gasoline prices and weak consumer confidence.  ING Economics said...

Column: All-time highs, hot inflation and a deal that isn’t done yet

At the time of writing, President Trump, along with a clutch of top US corporate executives, is in China. Mr Trump and Chinese...

Column: All-time highs, hot inflation and a deal that isn’t done yet

At the time of writing, President Trump, along with a clutch of top US corporate executives, is in China. Mr Trump and Chinese...

Kevin Warsh’s Fed plans face debt market pressure

Incoming Federal Reserve Chair Kevin Warsh could face significant challenges in reducing the US central bank’s role in financial markets as rising federal...

Build-A-Bear recalls roughly 36,000 Heart-Warming Hugs Bears

Roughly 36,000 Heartwarming Hugs Bears, a stuffed animal manufactured by Build-A-Bear, are being recalled due to a zipper detaching from the bear’s pouch....

Thermos recalls 8.2 million bottles after stoppers eject, causing injury and reported vision loss

Thermos is recalling 8.2 million containers after consumers suffered laceration injuries — and in some cases reported permanent vision loss — when stoppers...