sales
Europe volumes increase as sanctions on supply from Russia, Belarus come into full effect Boston, Massachusetts – Cabot Corp. has seen volumes within its reinforcement materials segment increase, buoyed by demand from Europe and Asia. The unit, which mainly produces carbon black for rubber reinforcement, delivered sales of $611 million in the first quarter, down […]
By Lucia Mutikani WASHINGTON (Reuters) -Sales of new U.S. single-family homes increased more than expected in December, further evidence that housing market activity regained some momentum at the end of 2024, though rising mortgage rates remain a constraint. The report from the Commerce Department on Monday also showed the rebound in home sales in November […]
US arms export growth was driven by countries seeking to replenish weapons stocks that were donated to Ukraine. The sale of United States military equipment to foreign governments in 2024 surged 29 percent to a record $318.7bn, the US State Department said, a figure that includes the sale of jet fighters worth $18.8bn to Israel […]
Tesla will start deliveries of a revamped version of its Model Y SUV in the U.S. in March, according to new listings on the company’s website. The Model Y Juniper has a price tag of $59,990, not including a federal tax credit of $7,500 for new electric vehicle purchases. It features a redesigned fascia, front […]
DETROIT — U.S. new car sales in 2024 continued to rise from their pandemic lows, bolstered by replenished inventories, higher incentives and surging demand for hybrid vehicles, automakers reported on Friday. Sales of new vehicles finished at 15.9 million last year, according to Wards Intelligence, up 2.2% from the prior year, and the highest since […]
WASHINGTON (Reuters) – U.S. existing home sales surged to an eight-month high in November, but higher mortgage rates and house prices remain a constraint heading into 2025. Home sales jumped 4.8% last month to a seasonally adjusted annual rate of 4.15 million units, the highest level since March, the National Association of Realtors said on […]
TikTok tripled its US shopping sales to more than $100 million on Black Friday, a sign of the app’s growing popularity despite a looming ban. TikTok Shop, the app’s e-commerce feature, also drew a 165% annual increase in shoppers for the two days between Black Friday and Cyber Monday, the company said. There were more […]
NEW YORK (AP) — The holiday shopping season is about to reach full speed with Black Friday, which kicks off the post-Thanksgiving retail rush later this week. The annual sales event no longer creates the midnight mall crowds or doorbuster mayhem of recent decades, in large part due to the ease of online shopping and […]
Americans spent $10.8 billion online on Black Friday, according to Adobe Analytics. This represents a 10.2% increase compared to 2023’s $9.8 billion online Black Friday sales. The data comes from Adobe, which tracks over a trillion visits to U.S. retail websites.The increase in online shopping could benefit large online retailers like Walmart, which has invested […]
Black Friday shoppers walk past a store at the Walden Galleria in Buffalo, NY., Friday, Nov. 29, … [+] 2024. (AP Photo/Gene J. Puskar) Copyright 2024 The Associated Press. All rights reserved Online retail continued to be the big winner of the holiday season on Black Friday, with record levels of e-commerce spending. In-person shopping, […]