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December Retail Sales Top Forecast

December Retail Sales Top Forecast

Brand X Pictures/Thinkstock(NEW YORK) — Retail sales climbed 0.5 percent in December from November to $415.7 billion, the Commerce Department reported on Tuesday.  That beat the median of forecasters surveyed by Bloomberg News, who expected a 0.2…

It’s a Slow Economic Recovery, More Data Show

It’s a Slow Economic Recovery, More Data Show

Zoonar/Thinkstock(WASHINGTON) — Two new pieces of info about the U.S. economy out Friday add to the pile of data indicating a frustratingly slow economic recovery.Americans spent more in August even though their income barely grew, the Commerce Depart…

Higher Gas Prices Drove Consumer Prices Up in February

Higher Gas Prices Drove Consumer Prices Up in February

Kevork Djansezian/Getty Images(WASHINGTON) — Consumer prices in the United States rose by 0.4 percent in February, according to the latest report from the Commerce Department.  That’s the biggest jump in 10 months.Much of the increase is because …

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