Excluding auto sales, retail demand rose 0.2%, half of the expected 0.4% rise.
Investors pushed back into the stock market a day after a slide as earnings reports boosted confidence about the pace of a recovery in the economy.
Rising oil prices could imperil a modest increase in crude demand and the recovery of the global economy, the International Energy Agency said Thursday as it raised its outlook for oil demand this year.
Total money market mutual fund assets fell by $3.68 billion to $3.335 trillion for the week, the Investment Company Institute said Thursday.
Stocks are rising in early trading as investors anticipate interest rates will remain low for some time.
The Securities and Exchange Commission would be required to issue rules prohibiting or limiting mandatory arbitration clauses in securities contracts under draft legislation introduced this week by Senate Banking Committee Chairman Christopher Dodd, D-Conn.
A key state insurance figure has called upon the life settlements industry to keep Main Street policyholders in mind — or else.
Google searches for “Roth 2010 conversion” have increased dramatically in recent months, indicating that investors are desperate for information on the upcoming rule change.
The latest data showing unemployment now at its highest level in 26 years translates into a challenge for stock pickers over the next several years, according to Ann Miletti, who manages more than $2 billion for the Wells Fargo Funds Management Group.
