US retail sales post largest drop in nearly two years in January
U.S. retail sales dropped by the most in nearly two years in January, likely because of frigid temperatures and moderation following hefty gains in the past four months.
U.S. retail sales dropped by the most in nearly two years in January, likely because of frigid temperatures and moderation following hefty gains in the past four months.
The United States Senate has voted to officially confirm Scott Bessent as the new secretary of the Treasury.
International leaders across the globe congratulated President Donald Trump on Monday as the 47th president celebrated the start of his second term on Inauguration Day.
President-elect Donald Trump announced that Kevin Marino Cabrera, who represents the residents of District Six on the Miami-Dade County Commission, will serve as the U.S. Ambassador to Panama, a country that Trump has criticized for “ripping us off on the Panama Canal.”
The Dow Jones Industrial Average hit a new record high, topping 45,000 for the first time and making a run for its 47th record close, before falling on Wednesday afternoon.
The 47th president-Elect has announced that former Wisconsin Congressman Sean Duffy will serve as the U.S. Secretary of Transportation.
By Victor Lopez November 18, 2024 (Views expressed by guest commentators may not reflect the views of OAN or its affiliates.)
Retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods.
The U.S. Federal Reserve will cut interest rates by 25 basis points at each of the remaining three meetings of 2024.
A sharp slowdown in the U.S. job market that touched off days of global stock-market turmoil also fueled speculation the Federal Reserve may not wait until its next scheduled meeting.