Retail industry

May 25, 2017 - 10:09 am
NEW YORK (AP) — U.S. stocks are climbing for the sixth day in a row Thursday as strong quarterly results from retailers including Best Buy, Williams-Sonoma and PVH give consumer-focused companies a lift. The Standard & Poor's 500 index and Nasdaq composite are trading at all-time highs. Stocks...
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May 24, 2017 - 8:41 pm
WASHINGTON (AP) — The architect of House legislation that would repeal much of the Dodd-Frank law enacted after the financial crisis agreed Wednesday to make a key change to the bill, clearing the way for the full House to take up the measure in coming weeks. Rep. Jeb Hensarling of Texas, the...
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This May 3, 2017, photo shows a Target logo on a store in Upper Saint Clair, Pa. Target Corp. reports earnings, Wednesday, May 17, 2017. (AP Photo/Gene J. Puskar)
May 17, 2017 - 4:44 pm
NEW YORK (AP) — Target, Wal-Mart and Amazon are engaged in a game of shipping tag, each trying to adjust their free threshold and other shipping strategies to a level that can lure shoppers away from one of the other. Minneapolis-based Target has the furthest to go as it tries to put itself in...
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Specialist Brian Fairbrother, left, and trader Tommy Kalikas work on the floor of the New York Stock Exchange, Tuesday, May 16, 2017. U.S. stock indexes were little changed in early trading Tuesday, a day after the market closed at record highs. (AP Photo/Richard Drew)
May 16, 2017 - 12:31 pm
The major U.S. stock indexes wavered between small gains and losses in midday trading Tuesday a day after the market closed at record highs. Investors were sizing up the latest crop of company earnings and new data on home construction and industrial production. Health care and real estate...
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FILE - In this Wednesday, May 18, 2016, file photo, Home Depot supervisor David Petersen stacks barbecue smokers at a Home Depot store location, in Bellingham, Mass. The Home Depot Inc. reports earnings Tuesday, May 16, 2017. (AP Photo/Steven Senne, File)
May 16, 2017 - 6:52 am
ATLANTA (AP) — Robust consumer spending and the arrival of the spring gardening season pushed Home Depot's first-quarter profits and revenue beyond most expectations and the company raised its earnings forecast for the year. Shares rose before the market opened Tuesday and appeared headed for an...
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May 15, 2017 - 4:57 pm
BOSTON (AP) — A federal judge in Boston has approved a $7.5 million class-action settlement between Wal-Mart and a former employee who challenged the retail chain's lack of health insurance benefits for her same-sex spouse. The settlement would pay for claims by current and former Wal-Mart...
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In this Tuesday, May 2, 2017, photo, shoppers holding bags from Macy's wait to cross an intersection in New York. Macy's Inc. reports earnings, Thursday, May 11, 2017. (AP Photo/Bebeto Matthews)
May 11, 2017 - 12:44 pm
NEW YORK (AP) — Lower sales dragged Macy's profit down for the first quarter, highlighting the challenge for retailers as customers shift to more online shopping and store locations lose traffic. Macy's results fell short of Wall Street expectations, and the nation's largest department store chain...
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In this Tuesday, May 2, 2017, photo, shoppers holding bags from Macy's wait to cross an intersection in New York. Macy's Inc. reports earnings, Thursday, May 11, 2017. (AP Photo/Bebeto Matthews)
May 11, 2017 - 9:06 am
NEW YORK (AP) — Lower sales dragged down Macy's profit during the first quarter as customers have changed their behavior to buy more online and retail locations see fewer shoppers. The results fell short of Wall Street expectations as the retail giant reaffirmed that it expects sales to continue...
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In this Nov. 20, 2015, photo, a UPS employee works inside the company's Worldport hub in Louisville, Ky. On Friday, May 5, 2017, the U.S. government issues the April jobs report. (AP Photo/Patrick Semansky)
May 05, 2017 - 9:25 am
WASHINGTON (AP) — Hiring in the United States rebounded in April as employers added a brisk 211,000 jobs, a reassuring sign that the economy's slump in the first three months of the year will likely prove temporary. The unemployment rate dipped to 4.4 percent — its lowest point in a decade — from 4...
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In this Nov. 20, 2015, photo, a UPS employee works inside the company's Worldport hub in Louisville, Ky. On Friday, May 5, 2017, the U.S. government issues the April jobs report. (AP Photo/Patrick Semansky)
May 05, 2017 - 6:24 am
WASHINGTON (AP) — After a hiring slowdown in March, the U.S. job market is thought to have resumed solid growth in April, a trend that would help underpin an economic rebound after a weak start to the year. Employers probably added 185,000 jobs last month, according to a survey by FactSet, a data...
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