Retail prices climb higher
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Retail prices for the greater New York area climbed 0.7% higher in October, with higher costs for housing, transportation, food and apparel offsetting a seasonal decline in electricity prices, according to the US Department of Labor&#39;s Bureau of Labor
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Retail sales were solid in November as the holiday shopping season got underway, but a good portion of consumer dollars went to higher-priced gasoline, which also pushed wholesale inflation up by the largest amount in 34 years.
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A large climb in September U.S.  retail sales and bigger-than-expected gains in underlying  producer prices boosted hopes for stronger growth and bets that  the Federal Reserve will continue to raise interest rates.
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Retail sales rose more than twice as much as expected in May, while import prices surged, adding to recent data suggesting the U.S. economy is recovering strongly after a slowdown in the first quarter.
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U.S. retail sales increased by 0.1 percent in November, the Commerce Department said on Monday, slightly stronger than expectations, while the previous month was revised sharply higher.
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Stocks rose at the open on Thursday  after a flurry of retailers such as Wal-Mart Stores Inc.   Target Corp  and J.C. Penney Co. Inc.   released reassuring monthly sales figures and outlooks.
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U.S. stock futures jumped on Friday,  pointing to a firm market open, after a government report  showed U.S. September retail sales rose higher-than-expected.
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U.S. stock futures jumped on Friday,  pointing to a higher market open, after a government report  showed U.S. September retail sales data rose  higher-than-expected.
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U.S. average retail gasoline prices  over the last two weeks rose for the first time in nearly three  months and could edge higher, according to an industry analyst.
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Retail sales rose a strong 1.2 percent in November, but producer prices posted their biggest gain in 34 years, offering a reminder that rising costs are weighing on the economy.
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US consumer prices rose more in September than a month earlier, reflecting higher costs for services such as hotel stays and medical care, a government report showed.
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Rising energy and transport costs helped push inflation higher last month, raising the prospect that interest rates may increase next year.
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Stock futures climbed higher on  Wednesday, pointing to a stronger market open, after news that  core inflation rose only slightly more than expected last  month, easing concern about faster interest-rate hikes by the  Federal Reserve.
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U.S. retail gasoline prices rose to  the highest level in more than a month and diesel fuel costs  increased for the first time in three weeks, the Energy  Department said on Tuesday.
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U.S. retail gasoline prices jumped almost a nickel over the last week to the highest level in a month as tight motor fuel supplies threatened to send pump costs higher, the government said on Tuesday.
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Stocks rose at the open on Thursday after a flurry of retailers such as Wal-Mart Stores Inc.  Target Corp  and J.C. Penney Co. Inc.  released reassuring monthly sales figures and outlooks.
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Gasoline prices extended their climb yesterday, rising a cent overnight while oil and gas futures rose on concerns about gasoline production.