By ANNE D'INNOCENZIOAP Retail Writer
NEW YORK (AP) - Americans are expected to spend more during what's traditionally the busiest shopping season of the year, but they're not exactly ready to shop 'til they drop like they have been in the past two years.
The National Retail
By CHRISTOPHER S. RUGABERAP Economics Writer
WASHINGTON (AP) - Anyone puzzled by the most recent U.S. economic data has reason for feeling so: The numbers sketch a sometimes contradictory picture of the economy.
We've learned that:
Consumers are more confident but aren't spending much.
By JONATHAN FAHEY
NEW YORK (AP) - Oil ended the third quarter with a slight gain as investors weighed whether the world economy could pull out of the doldrums.
Benchmark oil rose 34 cents to $92.19 per barrel in morning trading in New York. In London, Brent crude, which reflects what most U.S.
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - Americans boosted their spending in August even though their income barely grew. Much of the spending increase went to pay higher gas prices, which may have forced consumers to cut back elsewhere.
The Commerce Department said Friday that
ATHENS, Greece (AP) - Greece's statistical authority says domestic retail sales dropped eight percent in July compared with a year earlier, highlighting the painful impact of a four-year recession.
The fall was worst in the clothing and footwear sector, where sales were down 18.6 percent
By ERIKA KINETZAP Business Writer
MUMBAI, India (AP) - Starbucks will open its first outlet in India by the end of October in an upscale neighborhood of Mumbai and has appointed a chief executive to head its India joint venture, the company said Friday.
The store will be in Mumbai's
By The Associated Press
NEW YORK (AP) - Total U.S. money market mutual fund assets rose $8.52 billion to $2.576 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.
Assets of the nation's retail money market mutual funds fell $1.25 billion to $887.4
By The Associated Press
Weekly applications for U.S. unemployment benefits plunged last week to 359,000. It was the lowest level in about 2 months and a hopeful sign that the job market could improve.
Here are the states with the biggest changes in applications. The state data are for the week
By ALAN SCHER ZAGIERAssociated Press
COLUMBIA, Mo. (AP) - A manufacturer of the anesthetic blamed for Michael Jackson's death said Thursday it won't sell propofol for use in U.S. executions, a setback for Missouri and other states looking for an alternative after other drug makers also
By BRADLEY BROOKS and JULIANA BARBASSAAssociated Press
RIO DE JANEIRO (AP) - The arrest of a top Google executive is reviving a debate about Brazilian laws that hold services such as YouTube responsible for the videos posted on them, making the country a hotbed of attempts to stifle digital