
-
Lives on hold in India's border villages with Pakistan
-
Musk's dreams for Starbase city in Texas hang on vote
-
Rockets down Warriors to stay alive in NBA playoffs
-
Garcia beaten by Romero in return from doping ban
-
Inflation, hotel prices curtail Japanese 'Golden Week' travels
-
Trump's next 100 days: Now comes the hard part
-
Mexican mega-port confronts Trump's tariff storm
-
Trump's tariffs bite at quiet US ports
-
Ryu stretches lead at LPGA Black Desert Championship
-
Singapore votes with new PM seeking strong mandate amid tariff turmoil
-
Five things to know about the Australian election
-
Scheffler fires 63 despite long delay to lead CJ Cup Byron Nelson
-
Israel launches new Syria strikes amid Druze tensions
-
Finke grabs 400m medley victory over world record-holder Marchand
-
Apple eases App Store rules under court pressure
-
Polls open in Australian vote swayed by inflation, Trump
-
Russell clocks second fastest 100m hurdles in history at Miami meeting
-
Germany move against far-right AfD sets off US quarrel
-
Billionaire-owned Paris FC win promotion and prepare to take on PSG
-
Teenager Antonelli grabs pole for Miami sprint race
-
Man City climb to third as De Bruyne sinks Wolves
-
Mercedes' Wolff backs Hamilton to come good with Ferrari
-
'Devastated' Prince Harry says no UK return but seeks reconciliation
-
Elway agent death likely accidental: report
-
Turkish Cypriots protest new rule allowing hijab in school
-
Germany's AfD dealt blow with right-wing extremist label
-
Trump NASA budget prioritizes Moon, Mars missions over research
-
Hard-right romps through UK polls slapping aside main parties
-
Rangers hire two-time NHL champion Sullivan as coach
-
Haaland on bench for Man City as striker returns ahead of schedule
-
US designates two Haitian gangs as terror groups
-
Lower profits at US oil giants amid fall in crude prices
-
NBA icon Popovich stepping down as Spurs coach after 29 seasons
-
'Devastated' Prince Harry says no return to UK but seeks royal reconciliation
-
Grande scratched from Kentucky Derby
-
Carney vows to transform Canada economy to withstand Trump
-
Prince Harry says he would 'love' to reconcile with family
-
Major offshore quake causes tsunami scare in Chile, Argentina
-
GM cuts shift at Canada plant over 'evolving trade environment'
-
F1 extends deal to keep Miami GP until 2041
-
Popovich mixed toughness and spirit to make NBA history
-
US asks judge to break up Google's ad tech business
-
Trump eyes huge 'woke' cuts in budget blueprint
-
Ruud downs Cerundolo to book spot in Madrid Open final
-
Gregg Popovich stepping down as San Antonio Spurs coach after 29 seasons: team
-
Guardiola to take break from football when he leaves Man City
-
Vine escapes to Tour of Romandie 3rd stage win as Baudin keeps lead
-
Olympic 100m medalist Kerley arrested, out of Miami Grand Slam meet
-
Chile, Argentina order evacuations over post-quake tsunami threat
-
Arteta 'pain' as Arsenal fall short in Premier League title race

US retailers begin 2022 with a big jump in sales
US retailers more than regained ground lost in an unexpected December slump, with a surprise boom in January sales, according to government data released Wednesday.
Retail sales rose 3.8 percent last month, the Commerce Department said, double what was expected and a dramatic reversal of the 2.5 percent decline in December, which was worse than originally reported.
"The strength of this rebound adds credence to the idea that December sales were weak largely because people pulled holiday purchases forward, fearing shortages of popular items," Ian Shepherdson of Pantheon Macroeconomics said.
He said the report points to better-than-expected GDP growth in the first quarter.
The auto industry, which continues to face lean inventories due to the global semiconductor shortage that has cut into production, bounced back last month with a 5.7 percent jump in sales of motor vehicles and parts, according to the Commerce Department.
Nonstore retailers encompassing e-commerce firms saw sales soar 14.5 percent, while furniture and home stores reported a 7.2 percent increase, and sales at department stores rose 9.2 percent, the report said.
Building materials and garden equipment dealers saw a 4.1 increase in sales, and electronics and appliance business increased 1.9 percent.
Gas stations were among the few sectors that reported a decline in sales in January, with a 1.3 percent fall. Sporting goods stores saw a three percent decrease, while bars and restaurants and health and personal care stores suffered dips of under one percent.
Ch.Kahalev--AMWN