USA

US Retailer Target Surges After Sales Signal Turnaround Is Taking Root

Target Corp.’s turnaround plan gained some much-needed momentum as its latest sales beat estimates, bucking the trend of gloomy results from bellweth...

US House Of Representatives Sets Border Tax Hearing as McConnell Predicts Failure

US House Of Representatives Ways and Means Chairman Kevin Brady is forging ahead and planning to hold a hearing next week on the proposed border-adjusted t...

Rebound In U.S. Consumer Prices Shows Inflation Stabilizing

A rebound in U.S. consumer prices in April signals inflation is stabilizing, supporting the case for Federal Reserve policy makers to raise interest rates,...

Gain In U.S. Retail Sales Suggests Slowdown Was Temporary

A pickup in U.S. retail sales last month adds to signs of steady consumer spending that will help propel the economy after a first-quarter slowdown, Commer...

US Inks Trade Deal With China Promoting Beef, Natural Gas

The US and China have reached agreement to promote shipments of American natural gas and beef that Commerce Secretary Wilbur Ross said was part of a broade...

Six-Week Low In US Consumer Comfort Shows Optimism Is Easing

An easing of Americans’ sunny economic views indicates consumers may need some better news for confidence to sustain its post-election pickup, Bloomb...

Rebound In US Wholesale Prices Signals Inflation Pressures

The bigger-than-forecast rebound in April wholesale prices indicates inflation pressures continue to build in the US economy and that March’s decline...

Whole Foods Names Panera CEO To Board As It Faces Down Jana Partners

Whole Foods Market Inc., the ailing organic-grocery chain, is doing what it can to avoid a fight with activist investor Jana Partners. The company appoi...