Tags: government cuts

Retail Sales show improvement in April

After an alarming decline of 0.5% in March, retail spending has shown minor improvement in April, as sales showed a positive increase of 0.1% to $419 billion. In spite of this improvement, the Washington D.C.-based Conference Board predicts that the spring spending swoon will carry over to the summer. According to the Conference Board, the […]

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U.S. economy bolsters European markets

A steady economic recovery in the United States has been bolstering European markets, which continue to face financial turmoil under the pressure of budget cuts. On Tuesday, European stock markets rose despite record high unemployment rates in Eurozone states. The rise is attributed largely to a strong U.S. market, which has recently experienced steady growth. […]

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