By VERENA DOBNIKAssociated Press
NEW YORK (AP) - Probing allegations of racial profiling, New York City is giving 17 major retail stores until Friday to submit information on how they've dealt with shoppers suspected of stealing.
The City Council tackled the emotional issue on Wednesday at a
By JORGE RUEDAAssociated Press
CARACAS, Venezuela (AP) - The government allied with Samsung on Wednesday to jointly produce consumer electronics and appliances, a deal coming after a week of raids on Venezuelan retailers and the emptying of store shelves by consumers taking advantage of officially
OLYMPIA, Wash. (AP) - Washington state's unemployment rate was relatively constant over the past two months, but the state saw an estimated loss of 9,500 jobs in September and October. Numbers released Wednesday by the Employment Security Department show that the state's
NEW YORK (AP) - Stocks are higher on Wall Street as investors react to a surprisingly big increase in U.S. retail sales last month and quarterly results from J.C. Penney and other retailers.
Investors were also waiting for minutes from the Federal Reserve's October policy meeting, which will be
NEW YORK (AP) - Stocks are edging mostly higher on Wall Street after the government reported a surprisingly large increase in U.S. retail sales last month.
The pickup of 0.4 percent suggests shoppers weren't put off by the government shutdown in October. It was the biggest increase in four
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - Consumers shrugged off the 16-day partial government shutdown and spent more on autos, clothing and furniture in October, boosting U.S. retail sales by the most in four months.
Sales rose 0.4 percent, up from a flat reading in September, the
NEW YORK (AP) - U.S. stock futures edged higher Wednesday after the government released surprisingly strong retail sales numbers for October.
Americans were apparently not spooked by the partial, 16-day government shutdown, as some economists had feared.
Dow Jones industrial futures rose 2 points
By ANNE D'INNOCENZIOAP Retail Writer
NEW YORK (AP) - J.C. Penney's loss widened in the third quarter, but the results released Wednesday showed its business is starting to stabilize heading into the critical holiday shopping season.
The struggling department store chain is trying to recover
MOORESVILE, N.C. (AP) - Lowe's third-quarter net income increased 26 percent and the home-improvement retailer raised its outlook for the year as it gets a lift from the housing market's ongoing recovery.
But its third quarter earnings and the new earnings outlook both came in short of Wall
By PABLO GORONDIAssociated Press
The price of oil remained above $93 a barrel Wednesday amid expectations U.S. crude stockpiles fell last week for the first time in nearly two months in a possible sign of improving demand.
By early afternoon in Europe, benchmark U.S. crude for December delivery was