U.S. shoppers inch spending up in February amid uncertainty
U.S. retail sales rose 0.2 percent in February after January's 1.2 percent drop, with gains at groceries, home and garden, and online retailers while auto dealers, restaurants, and electronics stores fell. Analysts note consumer caution amid tariffs, stock swings, and fiscal policy jitters, with weak early 2024 growth expectations and sentiment dipping further.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Donald Trump
Stephen Brown
Capital Economics
University of Michigan
Hunter Simmons
Austin
Texas
Simmons
Walmart
Macy’s
Dollar General
National Association of Homebuilders
Bluemercury
Bloomingdale’s
Tony Spring
Todd Vasos
Global and U.S. news roundup across Gaza, Dominican Republic, and more
Israel resumes strikes on Hamas after stalled hostage talks, amid a broader war and ceasefire challenges. In Punta Cana a missing Indian student prompts a large search while PepsiCo buys Prebiotic soda brand Poppi for 1.95 billion dollars. The Ukraine Russia war pause hinges on a 30 day truce, and Texas officials charge a Houston midwife with illegal abortions under the state ban. Widespread severe weather kills dozens across eight states, with Oklahoma wildfires destroying hundreds of homes. The Fed and Powell face a delicate policy moment as inflation remains high and tariffs threaten growth.
MENTIONED IN THIS ARTICLE
Deir Al-Balah
Gaza Strip
Israel
Hamas
Gaza
U.S
Steve Witkoff
Punta Cana
Dominican Republic
Sudiksha Konanki
Minnesota
Joshua Rube
Konanki
Russia
Ukraine
Moscow
Volodymyr Zelenskyy
Vladimir Putin
Houston — Texas
Ken Paxton
Maria Margarita Rojas
Paxton
Rojas
Waller County
Plantersville
Ala
South
Midwest
Oklahoma
North Carolina
Missouri
Forever 21 files for bankruptcy again in U S stores to wind down
Forever 21 operator F21 OpCo seeks Chapter 11 protection for a second time as U S mall traffic fades and online rivals like Amazon Temu and Shein intensify competition. The firm will liquidate U S stores while exploring a path with partners or asset sales.
MENTIONED IN THIS ARTICLE
Forever 21
U.S
Amazon
Temu
Shein
F21
OpCo
Brad Sell
Loca
Authentic Brands Group
Simon Property Group
Brookfield Property Partners
Also Mentioned on This Page
David Zalubowski
APA
Costco
Denver
Associated Press
PepsiCo
Allison Ellsworth
Ellsworth
Putin
Federal Reserve
Jerome Powell
United States
Francesco Spotorno
F210p- Co
Jarrod Weber
Natl Toat
Aiken Dearly
Godside
Aikenrealty.com
Ace
St. John’s Methodist Church
Ceux
Nity
Newberry ST. NW
Woodside Properties
Mark Moeckel
Mmoeckel
Woodside-Realty.com
Woodside-Aiken Realty
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