Transport Topics
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Sales at U.S. retailers accelerated in December on the heels of stronger demand for motor vehicles, capping a year of improvement for the nation's merchants.
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Wholesale prices in the U.S. rose for the third time in four months, boosted by increasing fuel costs that are pushing inflation higher throughout the economy.
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Holiday sales at Macy's Inc., Sears Holdings Corp. and J.C. Penney Co. were anemic, and U.S. government data just confirmed it.
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Consumer confidence was little changed in January from its highest level since the start of 2004, showing Americans are still optimistic that fresh economic policies will spur growth.
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