Retail sales flat but Fed confident on growth
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January retail sales were unexpectedly flat as motor vehicle, gasoline and electronics sales fell sharply in the post-holiday season after a December that was stronger than originally indicated, a Commerce Department report showed on Wednesday.
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The Federal Reserve held a key short-term interest rate steady Wednesday, a possible sign the central bank thinks the economy is on solid footing.
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U.S. Federal Reserve officials are  expected to hold interest rates steady on Tuesday and retain a  cautionary warning about inflation risks, while taking stock of  cooler economic growth.
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Federal Reserve Chairman Ben Bernanke expressed confidence on Wednesday in the health of the U.S. economy despite a housing slowdown and said the outlook for inflation was generally benign, but not without risks.
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U.S. Federal Reserve officials are expected to hold interest rates steady on Tuesday and retain a cautionary warning about inflation risks, while taking stock of cooler economic growth.
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Retail sales rose just 0.1 percent in February and a growing number of Americans fell behind on their mortgages late last year, according to data on Tuesday that raised concerns about the economy.
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U.S. stocks ended little changed on Thursday as recent signs of healthy economic growth drove fund managers to bet stocks would keep rallying into December, but a report on slower Midwestern business activity tempered that enthusiasm.
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WASHINGTON - Shoppers got their buying groove back last month, propelling sales at the nation's retailers by a strong 1.5 percent, the best showing since March. Activity at the nation's factories remained subdued, however, with industrial production rising just 0.1 percent...
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U.S. stock futures were little changed   on Friday ahead of key inflation data which may shed light on   the outlook for growth and interest rates.
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U.S. stocks were flat on Wednesday as renewed worries about the outlook for interest rates wiped out early gains notched up on news of strong retail sales and a flurry of takeover activity.
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The U.S. economy is growing robustly   despite a slowing housing sector, although inflation remains   above the central bank's comfort level, two top Federal Reserve   officials said on Monday.
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U.S. stocks were little changed in  fairly light trade on Wednesday after government reports for  July on durable goods orders and new home sales cast some doubt  on the strength of the economy.
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The Federal Reserve is expected to  nod to signs of easing inflation when policy-makers meet next  week, but with signs U.S. economic growth is reviving,  inflation looks set to remain its main concern.
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U.S. stocks were flat on Thursday   after a key inflation gauge rose less than expected, soothing   concerns about interest rate increases, but traders were   cautious ahead of monthly jobs data due out on Friday.
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Faced with a strengthening economy  and scant signs of runaway prices, the Federal Reserve appeared  set to keep interest rates steady on Wednesday while keeping up  a verbal guard against potential inflation.
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Retail sales posted a modest gain in August, helped by the biggest jump in auto sales in more than a year. But there are concerns that spending could falter as the steep slump in housing and financial market turbulence weigh on consumer confidence.
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U.S. stocks opened flat on Friday  after a government report showed that the U.S. economy grew  more slowly in the second quarter but at a rate that matched  economists' forecasts.