By Phil Wahba NEW YORK (Reuters) - Major U.S. retail chains, including Costco Wholesale Corp and Victoria's Secret, on Thursday reported sales increases for May that suggested consumer spending continues to improve moderately. Costco said sales ... [Full Article]
NEW YORK (AP) - Stocks edged lower in early trading on Wall Street Friday after the government reported that Americans cut back on spending last month for the first time in almost a year. (Source: Associated Press)... [Full Article]
WASHINGTON (Reuters) - Consumer spending fell in April for the first time in almost a year and inflation pressures were subdued, pointing to a slowdown in economic activity that should see the Federal Reserve maintaining its monetary stimulus for a w... [Full Article]
LONDON (Reuters) - British chancellor George Osborne said seven government departments have agreed to spending cuts of up to 10 percent as part of a spending review, the next big challenge as he tries to shrink the national budget deficit. Osborne sa... [Full Article]
NEW YORK (AP) - Technology companies led the stock market higher Monday, pushing the Standard & Poor's 500 index back up to the record high it reached earlier this month. (Source: Associated Press)... [Full Article]
NEW YORK (AP) - A pair of encouraging economic reports helped propel the stock market up in early trading on Monday. (Source: Associated Press)... [Full Article]
NEW YORK (AP) - Stocks are edging higher in early trading on Wall Street as investors were encouraged by an increase in consumer spending last month. (Source: Associated Press)... [Full Article]
STOCKHOLM (AP) - Global military spending dipped last year for the first time since 1998 as defense outlays shrank in the West but rose in Russia, China and the Middle East, a Swedish-based arms watchdog said Monday. (Source: Associated Press)... [Full Article]
LONDON (Reuters) - A plan to devolve potentially billions of pounds of public spending to local authorities and businesses in Britain to boost a stagnant economy won a green light from the government on Monday. The Treasury said the coalition governm... [Full Article]
NEW YORK (Reuters) - About an hour after the Dow Jones industrial average hit a record high on Tuesday, Overland Park, Kansas-based financial adviser Brad Stratton got an e-mail from a client asking how she could "make hay while the sun shines.&... [Full Article]