Holiday shopping turned out even better than expected in December as shoppers picked up the pace to close out a strong 2023, the Commerce Department reported Wednesday. Retail sales increased 0.6% for the month, buoyed by a pickup in clothing and accessory stores as well as online nonstore businesses. The results were better than the … Read more
Pedestrians walk through the festively decorated Burlington Arcade luxury shopping arcade in London, UK, on Monday, Dec. 4, 2023. Inflation in UK shops has fallen to a 17-month low as retailers fight to attract shoppers ahead of the crucial holiday period. Photographer: Jason Alden/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images “Girl math” … Read more
New Delhi: Tata Motors recorded its highest-ever monthly retail sales in November on the back of robust demand for its sports utility vehicles amid the festive period, according to a top company official. In an interaction with PTI, Tata Motors Passenger Vehicles Managing Director Shailesh Chandra said the automaker retailed around 53,000 units in November, … Read more
Fueled by strong demand, automotive retail sales in India reached an all-time high during this festive season, according to FADA, with all segments experiencing year-on-year growth except for tractors. Overall, automobile sales surged by 19 per cent, reaching 37,93,584 units in the 42-day festive period, compared to 31,95,213 units in the previous year. Passenger vehicle … Read more
Wells Fargo Securities is officially out with its 2024 stock market forecast. Chris Harvey, the firm’s head of equity strategy, sees a volatile path to his S&P 500 to 4,625 year-end target. “It’s really hard to get excited. If we have better [economic] growth, then the Fed doesn’t do anything,” he told CNBC’s “Fast Money” on … Read more
We’ve all snagged a Black Friday, Cyber Monday, or Travel Tuesday deal and then been hit with a wave of buyer’s remorse. No matter how good a discount is, knowing you bought something you don’t really need or might not use is frustrating. The most obvious way to solve this problem, and the advice many … Read more
Aire Images | Moment | Getty Images Holiday shoppers won’t have to look far to find deals this season. While Covid-era supply chain strains have eased, consumer spending has declined, prompting many businesses to sweeten incentives to buy. “This is the best discounting season in years,” said Ted Rossman, senior industry analyst at Bankrate and … Read more
Grocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois. Scott Olson | Getty Images Wholesale prices in October posted their biggest decline in 2½ years, providing another indication that the worst of the inflation surge may have passed. The producer price index, which measures final-demand costs for businesses, … Read more
Investors concerned about the market may want to consider stocks that have stood the test of time — otherwise known as dividend monarchs. That’s a top strategy for Roundhill Investments, which launched its S&P Dividend Monarchs ETF this month. “It’s named that for a reason. It focuses on the dividend monarchs. These are companies that … Read more
New Delhi: Sales of passenger vehicles (PVs) accelerated in strong double digits and scaled a new record in October amid increased factory despatches to meet robust customer demand during the ongoing festive season. A total of 389,714 cars and utility vehicles were sold last month, a 15.9% increase from 336,330 vehicles sold a year earlier, … Read more