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Consumers hit stores for post-Christmas bargains, returns

Consumers hit stores for post-Christmas bargains, returns

Millions of consumers planned to shop for after-Christmas bargains Thursday and U.S. retailers are offering some deals to entice them.
U.S. auto exports at record level, could top 2 million

U.S. auto exports at record level, could top 2 million

The number of U.S.-built cars and trucks exported from the United States is at record levels and could reach 2 million in 2013, automakers said.

Syphax Airlines to begin direct Tunis-Montreal flights

Private Tunisian airline Syphax is beginning direct flights between Tunis and Montreal next year, an airline official said.
FedEx, UPS blame weather, volume for delivery delays

FedEx, UPS blame weather, volume for delivery delays

Two of the top U.S. package delivery companies are blaming a double-whammy of bad weather and heavy volume for a backlog of undelivered packages.
Jobless claims fall sharply in week

Jobless claims fall sharply in week

First-time unemployment benefits claims dropped significantly more than expected in the week, the Bureau of Labor Statistics said Thursday.

Chinese Cabinet says 2013 economic growth may be lower than 2012

China's growth in 2013, affected by higher labor costs among other things, is expected to drop to 7.6 percent from 7.7 percent in 2012, the Cabinet said.

Survey: Tuesday considered the most productive day

Businesses planning a difficult project may want to tackle it on a Tuesday, the day Canadian human resource managers say is the most productive, a survey says.
Christmas: A mere interlude between intense shopping days

Christmas: A mere interlude between intense shopping days

Shopping is not over for most Americans -- 8-in-10 U.S. adults say they plan to shop after Christmas and before New Year's, a survey indicates.

Markets hit record highs in half day session

Stocks closed at another record high in a holiday-shortened Christmas Eve session in New York Tuesday.
Crude oil inches higher

Crude oil inches higher

Crude oil prices edged higher on the New York Mercantile Exchange Tuesday.

A friend says stroke prompted suicide of philanthropist Wilson

The suicide of millionaire philanthropist Robert W. Wilson in New York was prompted by a recent stroke, a friend said.

Retail sales look solid in week, trade group says

U.S. retailers enjoyed sales growth as the holiday gift-buying season drew to a close, the International Council of Shopping Centers said Tuesday.

Central Atlantic manufacturing in slow growth rut

Central Atlantic manufacturing held steady in December, growing at a modest pace, the Federal Reserve Bank of Richmond, Va., said Tuesday.

New home sales slip in November

Sales of new one-family homes slipped 2.1 percent in November compared to October, the U.S. Commerce Department said Tuesday.

Home prices rose in October

U.S. home prices rose 0.5 percent in October from September, the Federal Housing Finance Agency said Tuesday.

Durable goods orders climbed in November

Durable goods orders rose for the third time in four months in November, the U.S. Commerce Department said Tuesday.
Hyundai, Kia pay $400 million for false mileage claims

Hyundai, Kia pay $400 million for false mileage claims

Hyundai Motor America and Kia Motors America said Monday they will offer owners lump-sum payments to make up for inflated fuel economy claims.

Japan Cabinet approves $922 billion budget for next fiscal year

The Japanese Cabinet Tuesday approved a 95.9 trillion yen ($922 billion) budget for next fiscal year, calling for higher spending for defense and public works.
Report: China local government debt may have hit $3.3 trillion by 2012

Report: China local government debt may have hit $3.3 trillion by 2012

China's local government debt may have soared to about 20 trillion yuan ($3.3 trillion) at 2012 end, or nearly double from 2010, a government think tank said.

Markets head higher in heady year

Stocks extended their end-of-the-year rally Monday in New York, after the Commerce Department said consumer spending rose in November.

Oil near $99 a barrel

Crude oil prices gave up 53 cents Monday to $98.79 per barrel on the New York Mercantile Exchange.
Lawsuits filed over Target data breach

Lawsuits filed over Target data breach

Two lawsuits have been filed in Minnesota against retailer Target for failing to keep customer data safe from hackers, court paper say.

Airline group pushing for updated laws for flights

A trade group representing U.S. and foreign airlines said unruly behavior on flights had increased dramatically in recent years.

Jos. A. Bank rejects latest Men's Wearhouse offer

U.S. clothing retailer Jos. A. Bank said Monday it had rejected the latest purchase offer from rival firm Men's Wearhouse.

Extreme poverty widespread, but China makes huge gains

Much of the world is living in extreme poverty, but China has made remarkable strides forward, a Gallup survey found.
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