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By Chris Burritt, Cotten Timberlake and Lauren Coleman-Lochner , Bloomberg |
December 27, 2012
While one estimate put holiday sales gains at only 0.7 percent, retailers from Macy’s Inc. to Abercrombie & Fitch Co. controlled inventories heading into the holidays, enabling them to limit discounts.
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By Michelle Jamrisko, Bloomberg |
December 27, 2012
Consumer confidence in the U.S. held near a four-year high last week as Americans grew less pessimistic about the economy.
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By Inyoung Hwang, Bloomberg |
December 26, 2012
U.S. stocks fell, sending the Standard & Poor’s 500 Index lower for a third day, as President Barack Obama and Congress prepared to resume budget talks and retailers slumped after the Christmas holiday.
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By Cotten Timberlake, Bloomberg |
December 26, 2012
U.S. holiday sales growth slowed by more than half this year after gridlock in Washington soured consumers’ moods and Hurricane Sandy disrupted shopping.
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By John Detrixhe, Bloomberg |
December 26, 2012
Treasuries were little changed as President Barack Obama plans to return to Washington amid stalled talks on the so-called fiscal cliff that’s poised to cut spending and raise taxes at the end of the year.
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By Barbara J Powell, Bloomberg |
October 3, 2012
U.S. gasoline prices at the pump are poised to drop by year end, if history is any guide, as refineries resume production, Europe exports more fuel to the East Coast and Americans drive less.
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By Canaccord Genuity Morning Coffee |
August 2, 2012
MasterCard’s quarterly revenue missed Wall Street estimates as worldwide purchase volume growth slowed to its lowest level in five quarters, sending the credit and debit card network’s shares down.
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By Phil Flynn |
June 27, 2012
The high price that you paid this summer for gas may end up being the highest price you will perhaps ever pay.
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By Canaccord Genuity Morning Coffee |
May 4, 2012
Visa flourished this quarter as people spent more with cards, posting strong Q2 results with a 23% increase in adjusted earnings that beat analysts’ estimates
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By Phil Flynn |
May 2, 2012
So why is the US manufacturing sector shinning as compare the EU? Well one reason has to be the historically low natural gas prices. The Impact that new production techniques are having on the manufacturing sector cannot be underestimated.
