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commerce department

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The Commerce Department said Monday that there was 0.8 percent rise noticed in retail sales increased 0.8 percent, after rising 1.0 percent in February. Some of the increase went to higher gas prices. U.S. Consumer spending accounts for more than two-third of its economic activity.

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Federal Reserve Chairman Ben Bernanke indicated yesterday that a third round of easing is an option if economic conditions worsen further, after a meeting …

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The Organization of Petroleum Exporting Countries (OPEC), scheduled to convene in Vienna on Wednesday, is likely to face significant pressure towards increasing output, in …

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Following three straight months of declining new home sales, the American housing market displayed a small recovery in the month of March, with an …

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