Trends - US retail sales - Business Recorder

Business & Finance

Yen rallies on growth data

SINGAPORE/LONDON: The yen rose on Monday in a boost from upbeat Japanese growth data, while the dollar hovered near...

Published 18 Feb, 2025 03:01am

Markets

Copper falls after hitting three-month high

LONDON: Copper prices fell after hitting their highest in more than three months in London on Friday as US retail...

Published 16 Feb, 2025 02:53am

Markets

Wall St on track for weekly gains, awaits more tariff insights

NEW YORK: Wall Street’s main indexes were muted on Friday, though set for firm weekly advances as Treasury yields...

Published 15 Feb, 2025 05:54am

Business & Finance

US retail sales fall sharply in January

WASHINGTON: U.S. retail sales fell more than expected in January, likely as frigid temperatures kept consumers from...

Published 14 Feb, 2025 07:26pm

Business & Finance

US dollar gains after data

NEW YORK: The US dollar fell on Thursday as traders digest a slew of mixed economic data to gauge the outlook for ...

Published 17 Jan, 2025 02:56am

Business & Finance

Dollar strengthens after strong retail data

NEW YORK: The US dollar strengthened against major currencies on Tuesday following better-than-expected retail sales...

Published 18 Dec, 2024 06:37am

Markets

Aluminium hits three-month low

LONDON: Aluminium prices dropped to their lowest in more than three months on Tuesday on concern about oversupply...

Published 17 Jul, 2024 02:42am

Markets

Oil prices edge down on worries about Chinese demand

HOUSTON: Oil prices declined on Tuesday on worries of a slowing Chinese economy crimping demand and despite a ...

Published 17 Jul, 2024 02:42am

Business & Finance

Dollar slides after US CPI data

NEW YORK: The dollar fell on Wednesday after US consumer prices rose less than expected in April, indicating...

Published 16 May, 2024 06:28am

Markets

China stocks fall, small-cap companies slump despite strong GDP

SHANGHAI: China stocks fell on Tuesday, with small-cap companies leading the decline, as March economic indicators...

Published 16 Apr, 2024 10:19am

Markets

Dow outshines peers on earnings boost

NEW YORK: The Dow outpaced Wall Street peers on Monday, boosted by robust gains in Goldman Sachs, while rising...

Published 16 Apr, 2024 03:38am

Print

US retail sales beat expectations, boost Q1 growth estimates

WASHINGTON: US retail sales increased more than expected in March amid a surge in receipts at online retailers,...

Published 16 Apr, 2024 03:38am

Business & Finance

Asian FX set for weekly declines

BENGALURU: Emerging Asian currencies held largely steady on Friday, but were on track to post weekly losses, while...

Published 17 Feb, 2024 05:51am

Markets

S&P 500, Dow inch up after retail sales tumble

NEW YORK: The S&P 500 and the Dow edged higher on Thursday as investors cheered a higher-than-expected fall in...

Published 16 Feb, 2024 06:02am

Business & Finance

Most Asian FX struggle on weak China data

BENGALURU: Most Asian currencies were muted on Thursday, while equities struggled to make headway, as investors...

Published 19 Jan, 2024 05:37am

Business & Finance

Dollar hits fresh one month high

NEW YORK: The dollar index hit a fresh one-month high on Wednesday after US retail sales data indicated the economy...

Published 18 Jan, 2024 05:54am

Business & Finance

Indian rupee hits 4-month peak on dollar inflows

MUMBAI: The Indian rupee rose to its highest level in four months on Friday, also marking its best week in a month,...

Published 13 Jan, 2024 05:38am

Markets

Gulf bourses end higher on bets for end of rate-hike cycle

DUBAI: Stock markets in the Gulf ended higher on Thursday, as rising expectations of an end to the US Federal...

Published 17 Nov, 2023 06:06am

Business & Finance

Dollar gains after US retail sales fall less than expected

NEW YORK: The dollar gained on Wednesday after US retail sales fell less than expected in October, bouncing off its...

Published 16 Nov, 2023 05:39am

World

US retail sales fall slightly in October

WASHINGTON: U.S. retail sales fell in October, though by less than expected, after months of strong gains, pointing...

Published 15 Nov, 2023 07:09pm

Markets

Wall Street advances on upbeat earnings

NEW YORK: Wall Street reversed course to rise on Tuesday as upbeat earnings and signs of resilience in the US ...

Published 18 Oct, 2023 06:09am

Business & Finance

Dollar bounces as US retail sales beat expectations

NEW YORK: The dollar gained on Tuesday after data showed that US retail sales rose more than expected in September,...

Published 18 Oct, 2023 06:09am

Business & Finance

Dollar hits 6-month high after data, ECB announcement

NEW YORK: The dollar index hit its highest level in six months on Thursday, as economic data was mostly stronger ...

Published 15 Sep, 2023 06:31am

Business & Finance

Amazon helps US retail sales power ahead in July

WASHINGTON: US retail sales increased more than expected in July as Americans boosted online purchases and dined out...

Published 21 Aug, 2023 06:43am

Business & Finance

Dollar falls after stronger retail sales data

WASHINGTON: The dollar index was lower after data showed US retail sales increased more than expected in July, while...

Published 16 Aug, 2023 05:50am

World

US retail sales bounce with online spending boost

WASHINGTON: US consumer spending rose more than anticipated in July, according to government data released Tuesday,...

Published 15 Aug, 2023 06:03pm

World

US retail sales grow at slower pace on falling gas station sales

WASHINGTON: Retail sales in the United States grew at a slower pace in May but still came in stronger than expected,...

Published 15 Jun, 2023 06:45pm

Markets

Dollar rebounds on higher expectations for Fed hike in May

SINGAPORE: The dollar bounced from a one-year low on Monday as resilience in core US retail sales, a rise in...

Published 17 Apr, 2023 10:31am

Print

US retail sales post second straight monthly drop; factory output falls

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

Published 17 Apr, 2023 06:41am

Print

Fed’s preferred inflation gauge up

WASHINGTON: A key indicator of US inflation rose in January, according to government data released Friday, while...

Published 25 Feb, 2023 06:42am