US

U.S. Retail Sales Grew 7.6% Over Holiday Season, Says Mastercard

U.S. retail sales rose 7.6% between Nov. 1 and Dec. 24, which encompasses a majority of the holiday season, as steep discounts lured deal-hungry consumers,...

U.S. Consumer Spending, Inflation Cool In November

U.S. consumer spending barely rose in November, while annual inflation increased at its slowest pace in 13 months, but demand is probably not cooling fast...

How Hybrid Wheat Could Lead To More Food Without GMO Fears

US farmers are gaining access to a new type of wheat developed by agrichemical giant Syngenta without genetic engineering, as the world's biggest seedmaker...

US Retail Sales Fall After Hefty Gains, Labour Market Still Tight

US retail sales fell more than expected in November, but consumer spending remains supported by a tight labour market, with the number of Americans filing...

Uber To Expand On-Demand Grocery Delivery Across Midwest

Uber Technologies has entered into a partnership with Michigan-headquartered grocery retailer Meijer to offer on-demand, scheduled grocery delivery service...

U.S. Inflation Subsiding As Consumer Prices Rise Moderately

U.S. consumer prices rose less than expected for a second straight month in November amid decreases in the costs of gasoline and healthcare, leading to the...

Blue Apron To Cut 10% Of Corporate Workforce

Blue Apron Holdings Inc will cut about 10% of its corporate workforce, the online meal kit company said, the latest US firm reining in costs against the ba...

Unilever Mulls $3bn Sale Of Some US Ice Cream Brands: Report

Unilever is considering the sale of a portfolio of US ice cream brands such as Klondike and Breyers, that could be valued at as much as $3 billion, Bloombe...