US retail sales fall by record 8.7% in March as Americans pulled back on spending amid viral outbreak

Apr 15, 2020

US retail sales fall by record 8.7% in March as Americans pulled back on spending amid viral outbreak

WASHINGTON (AP) — US retail sales fall by record 8.7% in March as Americans pulled back on spending amid viral outbreak.

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Rebuked by Bond Market, Bessent Says ‘House’ Does Not Always Win

Oct 4, 2026

Rebuked by Bond Market, Bessent Says ‘House’ Does Not Always Win

The Treasury secretary said in an interview with Axios that he cannot control the Treasury market but argued that U.S. bond yields would come back down over time.

Hassett on negative polling on economy: ‘I just don't buy it’

Oct 4, 2026

Hassett on negative polling on economy: ‘I just don't buy it’

Kevin Hassett, director of the National Economic Council, said Sunday he doesn’t believe in recent polls that show Americans’ negative feelings about the economy. “Ahead of an election cycle, the fact that there's, you know, possibly partisan pollsters telling us that the people are really really depressed, it's a classic Democrat move, and I just...

Trump funnels millions from massive war chest into key House, Senate races: Here's where

Oct 4, 2026

Trump funnels millions from massive war chest into key House, Senate races: Here's where

President Trump’s super PAC and affiliates have injected tens of millions of dollars into pivotal Senate and House races just one month from Election Day as the GOP looks to keep control of Congress. Trump’s MAGA Inc. and several affiliated groups — No Going Back PAC Inc. and Safety & Affordability PAC Inc. — have reported some of their...

Russians Snap Up Chinese E.V.s as Ukrainian Attacks Make Fuel Scarce

Oct 4, 2026

Russians Snap Up Chinese E.V.s as Ukrainian Attacks Make Fuel Scarce

As Ukraine increasingly takes the war to Russia, the effects may be most visible on the roads.

P.&G.’s Chief on Whether Brand Loyalty Is Enough When Prices Keep Climbing

Oct 4, 2026

P.&G.’s Chief on Whether Brand Loyalty Is Enough When Prices Keep Climbing

Procter & Gamble’s new boss, Shailesh Jejurikar, talks about how the company is thinking about higher costs, what gets passed on to consumers and how A.I. helps it compete.

‘Digger,’ Warner Bros.’ Last Release Before Merger, Is a Major Flop

Oct 3, 2026

‘Digger,’ Warner Bros.’ Last Release Before Merger, Is a Major Flop

The film, starring Tom Cruise, grossed an estimated $8 million in its opening weekend. That could put the movie on track to lose at least $125 million.

As A.I. Agents Begin Shopping, Brands Are Changing Their Sales Pitch

Oct 3, 2026

As A.I. Agents Begin Shopping, Brands Are Changing Their Sales Pitch

Faced with bots immune to traditional marketing tactics, marketers are racing to win them over with logic and data.

China Resumes Curbs on Fuel Exports, Tightening Global Energy Markets

Oct 3, 2026

China Resumes Curbs on Fuel Exports, Tightening Global Energy Markets

China has started limiting exports of refined products again as its own inventories of crude oil and refined products have dwindled.

Weight Loss Drugs Give Restaurants a New Hurdle: Diners Who Eat Less

Oct 3, 2026

Weight Loss Drugs Give Restaurants a New Hurdle: Diners Who Eat Less

Fewer orders and higher costs are squeezing restaurants big and small as people on the weight-loss drugs eat and drink less when dining out.

Tech giants' AI boom faces a rising cash-flow test

Oct 3, 2026

Tech giants' AI boom faces a rising cash-flow test

The fiscal 2026 earnings cycle has underscored the extraordinary momentum behind the AI boom, with tech giants posting record revenues while their shares have also rallied. But beneath the headline numbers, a new test is emerging: how long can AI-driven cash generation keep pace with the massive investment required to expand computing capacity?

Trump Says Economy Has ‘Public Relations’ Problem Amid High Prices and Slow Hiring

Oct 3, 2026

Trump Says Economy Has ‘Public Relations’ Problem Amid High Prices and Slow Hiring

The president, who had hoped to tout a growing economy on the campaign trail, has found it hard to break through as workers’ wages fail to keep up.

Suppliers pile pressure on government over energy bills

Oct 3, 2026

Suppliers pile pressure on government over energy bills

Immediate action is needed to help households struggling with bills this winter, says trade body Energy UK.

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