Retail sales

July 19, 2018 - 6:56 am
LONDON (AP) — The British pound has fallen below $1.30 for the first time in ten months after disappointing retail sales news raised further questions over whether the Bank of England will raise interest rates next month. In midday trading Thursday, the pound was down 0.6 percent at $1.2992. Over...
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In this July 3, 2018, photo, a shopper carries bags in San Francisco. On Monday, July 16, the Commerce Department releases U.S. retail sales data for June. (AP Photo/Marcio Jose Sanchez)
July 16, 2018 - 8:56 am
WASHINGTON (AP) — U.S. retail sales rose at a solid pace last month despite higher prices and modest wage gains, a sign of underlying consumer optimism. The Commerce Department said Monday that sales at retailers and restaurants increased 0.5 percent in June, following a big 1.3 percent gain the...
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FILE - In this Jan. 8, 2018, file photo, Wisconsin Gov. Scott Walker speaks in Madison, Wis. A U.S. Supreme Court ruling making it easier to collect online sales taxes could yield billions of dollars for state and local governments _ if they decide to keep it. Rather than spend the windfall on schools, prisons or other government services, some Republican governors and lawmakers are proposing to give it away in the form of additional tax cuts to residents. Walker, running for a re-election this year, has suggested the extra revenue from online sales taxes could be used to expand tax breaks for senior citizens or families with children. (AP Photo/Scott Bauer, File)
June 29, 2018 - 2:46 pm
JEFFERSON CITY, Mo. (AP) — A U.S. Supreme Court ruling making it easier to collect online sales taxes could yield billions of dollars for state and local governments — if they decide to keep it. Rather than spend the windfall on schools, prisons or other government services, some Republican...
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FILE- In this Dec. 14, 2017, file photo, packages travel on a conveyor belt for sorting at the main post office in Omaha, Neb. States will be able to force shoppers to pay sales tax when they make online purchases under a Supreme Court decision Thursday, June 21, 2018, that will leave shoppers with lighter wallets but is a big win for states. (AP Photo/Nati Harnik, File)
June 21, 2018 - 3:35 pm
WASHINGTON (AP) — The Latest on the U.S. Supreme Court ruling that states can force online shoppers to pay sales tax (all times local): 3:30 p.m. Shares in online retailers dropped, and large chains with more stores traded higher following the Supreme Court sales tax ruling. Under the old rules,...
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June 21, 2018 - 10:24 am
WASHINGTON (AP) — The Supreme Court says states can force online shoppers to pay sales tax. The 5-4 ruling Thursday is a win for states, who said they were losing out on billions of dollars annually under two decades-old Supreme Court decisions that impacted online sales tax collection. The high...
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Minister of Justice and Attorney General of Canada Jody Wilson-Raybould speaks during a press conference as Minister of Health Ginette Petitpas Taylor, right, and Parliamentary Secretary to the Minister of Justice and Attorney General of Canada and to the Minister of Health Bill Blair, left, look on during a press conference on Bill C-45, the Cannabis Act, in the Foyer of the House of Commons on Parliament Hill in Ottawa, Ontario on Wednesday, June 20, 2018. The Canadian government said it will soon announce the date of when cannabis will become legal — but warns it will remain illegal until then. (Justin Tang/The Canadian Press via AP)
June 21, 2018 - 3:09 am
TORONTO (AP) — Marijuana will be legal nationwide in Canada starting Oct. 17 in a move that should take market share away from organized crime and protect the country's youth, Prime Minister Justin Trudeau said Wednesday. The Senate gave final passage to the bill to legalize cannabis on Tuesday,...
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FILE - This April 6, 2018 file photo shows the leaves of a marijuana plant inside Ultra Health's cultivation greenhouse in Bernalillo, N.M. A state district judge has ruled that New Mexico health officials went beyond the scope of the law when they sanctioned the licensed medical marijuana producer for displaying a marijuana plant at the 2016 State Fair. The Health Department initially ordered Ultra Health to close for five straight days during a period that included April 20, the busiest day of the year for cannabis sales. (AP Photo/Susan Montoya Bryan, File)
June 20, 2018 - 2:36 am
TORONTO (AP) — Canada's Senate gave final passage Tuesday to the federal government's bill to legalize cannabis, though Canadians will have to wait at least a couple of months to legally buy marijuana as their country becomes the second in the world to make pot legal nationwide. Prime Minister...
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May 24, 2018 - 4:59 am
LONDON (AP) — Official figures show that retail sales bounced back strongly in April after cold weather hit the previous month. The Office for National Statistics said Thursday that retail sales jumped a monthly 1.6 percent in April, more than making up the 1.1 percent decline in March. The agency'...
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FILE- In this Feb. 22, 2018, file photo, a shopper loads her car after shopping at a Walmart in Pittsburgh. Walmart Inc. reports earnings on Thursday, May 17, 2018. (AP Photo/Gene J. Puskar, File)
May 17, 2018 - 6:15 pm
NEW YORK (AP) — Walmart's improving store experience and rebounding online sales helped to power first-quarter results. The world's largest retailer reported Thursday that both revenue and profits beat Wall Street estimates. Sales at stores opened at least a year rose a solid 2.1 percent. It's an...
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FILE- In this April 19, 2017, file photo, specialist Anthony Rinaldi is reflected in a screen at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, May 15, 2018. (AP Photo/Richard Drew, File)
May 15, 2018 - 4:45 pm
Losses in technology and health care companies helped pull U.S. stocks lower Tuesday, snapping an eight-day winning streak by the Dow Jones industrial average. The broad sell-off followed a slide in bond prices, which sent the 10-year Treasury yield to its highest level in almost seven years. That...
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