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WASHINGTON (Reuters) -U.S. retail sales growth slowed in April as the boost from households front-loading motor vehicle purchases ahead of tariffs faded and consumers pulled back on spending ...
The market has taken the US threat of 30% tariffs on the EU and Mexico in stride. The dollar is narrowly mixed against the ...
Despite the solid second quarter, which included a disruptive attack on car dealer software, GM sales dipped for the first half of the year.
Retail sales constitute a significant portion of overall consumer spending and are seen as a key indicator of the overall health of the U.S. economy.
Passenger vehicle sales rose 2.5% in June while overall auto retail sales increased 5% year-on-year, with growth across all ...
Online spending is expected to surge to $23.8 billion across US retailers during a 96-hour Amazon Prime Day event this week, ...
Retail vehicle revenue was up 7.5% to $6.10 billion, on a 9% gain in unit sales. Wholesale vehicle revenue fell 0.3% to $1.25 ...
AI has emerged as a big disruptor of tech employment, with firms increasingly announcing job layoffs to make place for AI expertise and investments.
Swiss watch exports fell significantly in May after anticipation of steep tariffs caused a downturn in the US market. Exports fell 9.5 versus May, according to new figures from the Federation of the ...
Several leading automakers including Detroit giants General Motors and Ford reported increased US car sales in the second ...
Economic gauges for retail sales and consumer confidence marked slight improvements in June, thanks in part to a boost from the mid-year school holiday.
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