106.3 WORD TRAFFIC

Retail and wholesale sector performance

In this April 13, 2018, photo, packages from Internet retailers are delivered with the U.S. Mail in a apartment building mail room in Washington. Clicking "checkout" on an online purchase could cost more after a Supreme Court case being argued April 17. (AP Photo/Jessica Gresko)
April 17, 2018 - 6:34 am

Supreme Court hearing case about online sales tax collection

WASHINGTON (AP) — The Supreme Court is hearing arguments about whether a rule it announced decades ago in a case involving a catalog retailer should still apply in the age of the internet. The case on Tuesday focuses on businesses' collection of sales tax on online purchases. Right now, under the...
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In this Monday, April 16, 2018 photo, a vendor sells vegetable along a street of Beijing, China’s economic growth held steady at 6.8 percent over a year earlier in the quarter ending in March, buoyed by retail sales and investment, data released Tuesday, April 17, 2018. (AP Photo/Ng Han Guan)
April 16, 2018 - 10:36 pm

China's economic growth holds steady at 6.8 percent

BEIJING (AP) — China's economic growth held steady in the quarter ending in March, buoyed by investment and rapid growth in e-commerce amid mounting trade tensions with Washington. The world's second-largest economy expanded by 6.8 percent over a year earlier, in line with the quarter ending in...
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FILE- In this April 4, 2018, file photo, shoppers stand outside the Bloomingdale's store on Broadway in the Soho neighborhood of New York. On Monday, April 16, the Commerce Department releases U.S. retail sales data for March. (AP Photo/Mary Altaffer, File)
April 16, 2018 - 10:03 am

US retail sales rebounded a solid 0.6 pct. in March

WASHINGTON (AP) — U.S. consumers bounced back in March and bought more cars, furniture and appliances after three months of declining retail sales. The Commerce Department said retail sales rose 0.6 percent last month, the largest increase since November. Auto sales jumped 2 percent, the most in...
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Specialist Robert Nelson, second left, works with traders on the floor of the New York Stock Exchange, Wednesday, March 14, 2018. U.S. stocks are edging lower Wednesday morning as Boeing and other industrial companies take losses. (AP Photo/Richard Drew)
March 14, 2018 - 12:15 pm

Industrials slip further as trade tensions pressure stocks

NEW YORK (AP) — U.S. stocks are sinking again Wednesday as investors' fears about tariffs and decreased international trade continue to hurt industrial companies. Banks are also falling as bond yields decline. Department stores and other retailers are losing ground after the Commerce Department...
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In this Sunday, Jan. 7, 2018, photograph, sun glints off the headlight housing of an unsold 2018 Maserati Levante in a long line of the high-end sports utility vehicles sitting on a dealer's lot in Highlands Ranch, Colo. On Wednesday, March 14, 2018, the Commerce Department releases U.S. retail sales data for February. (AP Photo/David Zalubowski)
March 14, 2018 - 11:19 am

February retail sales slip as auto, gas purchases fade

WASHINGTON (AP) — U.S. consumers spent less at auto dealers, gas stations and department stores in February, causing overall retail sales to slip 0.1 percent despite signs elsewhere of a robust economy and the tax cuts signed into law by President Donald Trump starting to take effect. It was the...
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People walk past a display window of a Zara shop at the Gran Via avenue in Madrid, Wednesday, March 14, 2018. Zara fashion brand owner Inditex says strong sales and investment in technology for its online and physical stores boosted net profit in the past fiscal year by 7 percent. (AP Photo/Francisco Seco)
March 14, 2018 - 8:38 am

Zara owner Inditex sees profits rise as online sales grow

MADRID (AP) — Zara fashion brand owner Inditex says strong sales and investment in technology for its online and physical stores boosted net profit in the past fiscal year by 7 percent. The world's largest clothes retailer said Wednesday that net profit for the 12 months ending Jan. 31 rose to 3.37...
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FILE - This Thursday, Feb. 22, 2018, file photo shows a display of Dole bananas in a Walmart in Pittsburgh. On Wednesday, March 14, 2018, the Labor Department reports on U.S. producer price inflation for February. (AP Photo/Gene J. Puskar, File)
March 14, 2018 - 8:34 am

US wholesale prices rose 0.2 percent in February

WASHINGTON (AP) — U.S. wholesale prices rose 0.2 percent in February. A pickup in services prices offset a drop in the cost of food and energy. The Labor Department said Wednesday that the February increase in its producer price index was half January's 0.4 percent gain. Over the past year,...
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FILE- In this Nov. 9, 2017, file photo, Walmart employee Kenneth White scans items while conducting an exercise during a Walmart Academy class session at the store in North Bergen, N.J. Walmart reports financial results Tuesday, Feb. 20, 2018. (AP Photo/Julio Cortez, File)
February 20, 2018 - 4:40 pm

Walmart's bruising battle with Amazon saps its 4Q results

NEW YORK (AP) — Walmart is getting bruised in its battle with online leader Amazon. The world's largest retailer on Tuesday reported a smaller-than-expected fourth-quarter profit as it wrestled with slower e-commerce sales during the busiest time of the year. The results underscore the company's...
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FILE - In this Nov. 23, 2017, file photo, Jesus Reyes pushes a television down an aisle as he shops at a Black Friday sale at a Best Buy store in Overland Park, Kan. On Wednesday, Feb. 14, 2018, the Commerce Department releases U.S. retail sales data for January. (AP Photo/Charlie Riedel, File)
February 14, 2018 - 9:14 am

Down 0.3 pct in January, retail sales suffer broad declines

WASHINGTON (AP) — Americans cut back on purchases of cars, furniture and a variety of other products in January, pushing retail sales down by 0.3 percent, the biggest decline in 11 months. The January decline, following no change in December, was the largest setback since a 0.5 percent fall in...
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This undated photo shows hats trimmed with sea otter fur, offered by Alaska Native Marcus Gho's Tuvraqtuq online retail store based in Juneau, Alaska. A policy intended to deter the illegal trade of ivory and items made with the parts of endangered or threatened animals led the online sales website Etsy to remove such artwork sold by Alaska Native artists, who can legally use ivory in their pieces. A senator is asking Etsy.com to reconsider, but Etsy is citing the "global nature" of its business. (Marcus Gho via AP)
February 06, 2018 - 9:06 pm

Etsy.com stops letting Alaska Native artists sell ivory work

ANCHORAGE, Alaska (AP) — A policy intended to deter the illegal trade of ivory and items made with the parts of endangered or threatened animals led the online sales website Etsy to remove such artwork sold by Alaska Native artists, who can legally use ivory in their pieces. U.S. Sen. Dan Sullivan...
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