Initial reports show automakers having their best sales so far this year in October, despite consumer wariness about the lackluster economy. Foreign carmakers Hyundai, Kia, Subaru and Volkswagen all turned in solid performances…
Decent retail sales prompted businesses to restock shelves and warehouses, as inventories rose a better-than-expected 0.6% in August. Meanwhile, manufacturing activity in the New York area unexpectedly jumped in October, a pos…
Stronger retail sales prompted businesses to restock shelves and warehouses, and inventories rose 1% in July as a result. The gain should help ease concerns that inadequate sales will slow the U.S. economic recovery.
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