Retail sales rise in March amid cautious optimism
Consumers boosted March retail spending led by autos and building supplies as energy costs climbed. Despite a 2.1 percent gain and improving sentiment, analysts warned that the economy remains fragile with businesses hesitant to invest and jobs still pressured, while Wall Street stayed cautious.
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Airlines win $2.9 billion relief package amid war impact
Congressional negotiators reach a 3.2 billion relief package to aid airlines after Sept. 11 and SARS concerns. Cash, unemployment insurance extensions, and executive pay limits form the package while Bush aides call 3 billion excessive.
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