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First-quarter GDP forecast cut after decline in U.S. retail sales MarketWatch Source link
What’s Inside Using data from RetailNext, we analyze US retail traffic and in-store metrics in November 2023, in total and by sector, region and location type. Data in this report include: Year-over-year changes in US store-based traffic and sales for the past 13 months Year-over-year changes in US store-based nonfood retail metricsfor the past 13 […]
China has announced sanctions on five American defense-related companies in response to U.S. arms sales to Taiwan and U.S. sanctions on Chinese companies and individuals By KEN MORITSUGU Associated Press January 6, 2024, 9:03 PM ET • 3 min read BEIJING — China announced sanctions Sunday on five American defense-related companies in response to U.S. […]
The move follows US approval of $300m in military aid for the self-ruled island, which holds elections in a week. China has announced sanctions against five US arms manufacturers over weapons sales to Taiwan. Beijing claims the self-ruled island as part of its territory and has not ruled out the use of force to achieve […]
Taiwanese Soldiers stand guard as CM-11 tanks are deployed to a live ammunition military drill at an unnamed location, amid rising tensions with China, in Hsinchu, Taiwan, 21 December 2021. Taiwan has been facing intensifying military threats from China including Chinese PLA warplanes sent to cruise around the island, while the US has been offering […]
(ArtistGNDphotography/Getty Images) Thanksgiving – and, more specifically, Black Friday – is the semiofficial start of the holiday shopping season in the United States. And if history is any guide, a lot of this year’s holiday shopping will be done online, and not just on Cyber Monday. Like retail sales generally, online shopping reliably surges in the fourth […]
The specialty coffee chain’s 2022 sales reached £21.3m ($27m) as it continues to scale across the UK and prepares for international debuts in the US and UAE this year Black Sheep Coffee has grown to 75 UK sites, with a further 25 in development | Photo credit: Moonglow Trading UK-based Black Sheep Coffee is poised for […]
General Motors said on Tuesday that its sales of new vehicles in the United States jumped 14 percent last year, amid a broader rebound in the auto industry driven by a strong economy and an improved supplies of critical components. The company sold 2.6 million cars and light trucks in 2023, up from 2.3 million […]
Updated Jan. 3, 2024 9:57 am ET U.S. auto sales rebounded in 2023, boosted by pent-up demand and better availability on dealership lots. But this year could prove more challenging for automakers as stock levels continue to rise and higher interest rates stretch more U.S. car . . .
(Bloomberg) — ASML Holding NV canceled shipments of some of its machines to China at the request of US President Joe Biden’s administration, weeks before export bans on the high-end chipmaking equipment came into effect, people familiar with the matter said. Most Read from Bloomberg The Dutch manufacturer had licenses to ship three top-of-the-line deep […]