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US stock markets reach new historical highs

Source: The Borneo Post  |   May 19 2013, 6:23pm CDT

THE US stock markets reached new historical highs after leading indicators rebounded in April. Other data including jobless benefits and inflation measure are weak in US economy. Japan’s economy expanded in fi ...

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Asian currencies decline for second straight week

Source: GulfToday.ae  |   May 19 2013, 4:24pm CDT

TOKYO: Asian currencies declined for a second straight week on speculation regional central banks will allow their exchange-rates to depreciate to keep exports competitive with Japan, as the yen fell to a fou ...

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Vietnam successfully test-flies drones
Vietnam successfully test-flies drones
Hanoi, May 19 (IANS) Vietnam Sunday successfully conducted test flights of six indigenously-made unmanned aerial vehicles, a media report said.
 
'No commercials' TV channel starts broadcast in Russia
'No commercials' TV channel starts broadcast in Russia
Moscow, May 19 (IANS/RIA Novosti) Russia's Public Television, which will be governed by the public rather than by the state or the channel owners and which will not run any commercials, Sunday started its broadcast. It offers viewers news, films, entertainment and cognitive programmes.
 
Britain's first astronaut to go on space mission in 2015
Britain's first astronaut to go on space mission in 2015
London, May 19 (IANS) Britain's first "official" astronaut, 41-year-old Major Tim Peake, has been selected to go on a five-month mission to the International Space Station in 2015, a media report said Sunday.
 
 

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April U.S. Retail Sales Surpass Standard & Poor's Expectations

U.S. Retail Sales Rise Unexpectedly
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What's behind the uptick in consumer spending?

Source: Marketplace  |   May 17 2013, 4:03pm CDT

This week brought some bright news about an uptick in consumer spending -- something which might or might not mean a corresponding rise in credit card debt. Reporter Stacey Vanek Smith joins us to sort things out. How much more are people spending i ...

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Succinct Summation of Week’s Event (May 17, 2013)

Source: The Big Picture  |   May 17 2013, 3:25pm CDT

1. The S&P 500 and Dow continue to hit new all-time highs. 2. Nikkei rises above 15,000 for the first time since Jan 2009. 3. U.S. retail sales grow 0.1% v expectations of -0.4%; Excluding autos and gas climbs by 0.6% ...

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Sad Face at Walmart

Source: Newsweek  |   May 16 2013, 4:29pm CDT

One of these days, Walmart will figure out the reason that its U.S. sales suffer, quarter after quarter, year after year. On Thursday, the nation’s biggest retailer posted its quarterly results. They were less tha ...

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Walmart Disappoints But Stays Course on Price Ads and Ecommerce

Source: Advertising Age  |   May 16 2013, 1:20pm CDT

Walmart reported first-quarter sales and earnings that missed forecasts, but it's forging ahead with more local price-comparison ads and e-commerce investments amid signs its executives see that both are working. Earnings of ...

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Healthy growth as sales of homeopathic and herbal remedies reach $6.4 billion, reports Mintel

Source: Street Insider  |   May 16 2013, 12:14pm CDT

CHICAGO, May 16, 2013 /PRNewswire/ -- Despite eighty-degree temps making their first appearance across the Midwest this week, many consumers are still in the throes of cold and flu aliments. But new research from Mintel reveals that it may n ...

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New Signs U.S. Economy Remains Subject to Turbulence

Source: FOX Business  |   May 16 2013, 10:57am CDT

The latest batch of economic indicators released on Thursday is likely to bolster concerns that the U.S. economy is in jeopardy of succumbing to yet another spring slowdown. While it’s too early to jump to any definitive conclusio ...

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