Sales at U.S. retailers rebounded last month, suggesting the winter chill hitting shoppers and the broader economy may be thawing.
WASHINGTON (Reuters) - Fed vice chair nominee Stanley Fischer on Thursday defended his ties to Citigroup Inc, saying that he would have been ill-prepared for his last central banking job without his experience at the mega-bank.
LONDON (Reuters) - Royal Dutch Shell (RDSa.L) will cut spending by a fifth and lay off staff at its American exploration and production business, the company said on Thursday, in another sign that oil majors are struggling to profit from the booming U.S.
Mortgage rates edged higher early this week, with Freddie Mac's survey showing lenders offering 30-year fixed-rate loans to solid borrowers at 4.37%, up from 4.28% a week earlier.
The National Retail Federation is encouraging Congress to pass legislation that would require online and remote sellers to collect state and local sales taxes, telling a House committee that lawmakers should level the playing field between local retailers and ...