Retail starts stronger as January sales rise 0.2 percent
Retail sales gained 0.2 percent in January, matching December's revised advance as consumers remain upbeat amid stock market volatility. The data hint at first quarter growth driven by consumption, with inflation expectations easing to 2.4 percent over five to ten years.
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Stocks end week higher as energy and finance rally
U S stocks rebound from a down week on Friday lifting major indexes after a five day slide. Oil prices rise and retail sales improve aided the gains though the year still shows declines. Global markets face China growth concerns and Asia sentiment remains weak.
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Ohio Art Sells Etch A Sketch to Spin Master
Bryan based Ohio Art Co sells the Etch A Sketch and Doodle Sketch to Spin Master Corp for an undisclosed price. The move funds metal lithography focus. Etch A Sketch created by a French inventor in 1955 and owned by Ohio Art since 1960.
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