Obama to open middle-class jobs, opportunity tour Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
Retailers report modest gains for April Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
US home building is surging, but job growth isn't The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
America’s Dying Shopping Malls Have Billions in Debt Coming Due 39 ... - Bloomberg ... one of the hundreds of retail centers ... was 79 percent as of December. ... spun off most of its weaker malls into ... Sales at department ... 06/16/2016 - 5:40 am | View Link
Stocks Rise as Wall Street Waits for Fed - Lebanon Daily News ... a 38% probability, and December a 59 ... the continued pressure of weaker ... the retail chain to neutral, pointing to worries over slowing ... 06/15/2016 - 10:16 am | View Link
Stock Futures Hold Gains as Industrial Production Falls - Daily Freeman ... the continued pressure of weaker ... a 38% probability, and December a 59 ... the retail chain to neutral, pointing to worries over slowing ... 06/15/2016 - 9:37 am | View Link
Week Ahead: Fed's June Meeting Front and Center as Wall Street Looks ... - Delco Times ... a 38% probability, and December a 59 ... Retail sales for May, out Tuesday, are expected to show a 0.3% increase ... continued pressure of ... 06/12/2016 - 10:07 am | View Link
Caution pervades at top central banks - Reuters India ... in Washington, D.C., U.S. December 16 ... the world's largest economy, including retail sales, housing starts ... to leave, price pressures ... 06/11/2016 - 1:49 pm | View Link
UK retail sales suffer sharpest monthly decline in over a year in December "The weaker than expected December retail sales data is the final prod that causes us to trim our estimate of GDP growth in the fourth quarter of 2015 to 0.4% quarter-on-quarter from the 0.5% that we had previously anticipated," said Howard Archer ... 01/21/2016 - 9:02 pm | View Link
UK retail sales weaker than hoped in December, says CBI report, while outlook for January is worst since May 2012 He added: 'However, retailers are not particularly upbeat about sales prospects in January.' The CBI survey follows on from Office for National Statistics data last week which showed that retail sales volumes jumped 1.7 per cent month-on-month and 5.0 ... 12/20/2015 - 7:19 pm | View Link
Russian retail sales surge in December despite slump in wages [MOSCOW] Russian retail sales surged in December despite a sharp slump in real wages, adding to evidence that shoppers rushed to stock up on consumer goods before companies hiked their prices because of the weaker rouble. Retail sales rose by 5.3 per cent ... 01/27/2015 - 9:54 pm | View Link
Were December retail sales really that bad? A weak morning got even weaker after 8:30 a.m. ET when December retail sales came in down 0.9 percent, well below consensus estimates of a 0.2-percent drop. It was the largest monthly decline since January 2014. S&P futures immediately dropped about 10 ... 01/14/2015 - 2:03 am | View Link
German Retail Sales Plunged in December German retail sales tumbled by their largest amount in over three years in December, preliminary data showed on Thursday, denting hopes that private consumption can compensate for weaker exports and lift Europe's largest economy this year. The notoriously ... 01/30/2013 - 7:46 pm | View Link
Business News, Personal Finance and Money News Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News 06/21/2016 - 5:40 am | View Website
holiday sales results About Barnes & Noble, Inc. Barnes & Noble, Inc. (NYSE:BKS) is a Fortune 500 company and the leading retailer of content, digital media and educational products. 06/20/2016 - 12:30 pm | View Website
Weaker Gold & Silver Prices To Continue To ... Weaker Gold & Silver Prices To Continue To Push Coin Sales To Record Highs In 2016 Monday December 21, 2015 13:37 06/17/2016 - 1:13 am | View Website
FRB: Beige Book Beige Book - December 2, 2015. Full Report; Summary; Boston; New York; Philadelphia; Cleveland; Richmond; Atlanta; Chicago 06/16/2016 - 8:20 pm | View Website
2016 begins with slower retail sales, high inventories ... Freight demand is likely to stay even lower than usual in early 2016, thanks to retail inventories that climbed higher in November and a drop in December retail sales ... 06/15/2016 - 3:06 pm | View Website
(Reuters) - Ratings agency Moody's on Friday cut its outlook on the United Kingdom's long term debt to 'negative' from 'stable', but maintained its 'stable' outlook on the European Union following the UK's vote to leave the EU.
It’s not all happening in Silicon Valley.
General Motors has created a new team dedicated to autonomous cars at its Warren Tech Center, based in Detroit. There are already several hundred employees working on the development of its self-driving system, alongside test drivers already active in San Francisco.
“We’ve got several hundred people in this space right now … expanding to several hundred people more (by end of this year into next year),” said Ken Kelzer, vice president of global vehicle components to Detroit News.
See Also: Google self-driving car shakes fist at Palo Alto drivers
Inside the tech center, General Motors has developed an indoor track for car testing.
Energy management firm Blue Pillar’s latest update to its Aurora platform, which connects businesses to a single energy system, may help secure energy access to allow them to avoid power outages — while also boosting energy efficiency.
Aurora – billed by the firm as an “energy network of things” now has end-to-end encryption and logs records for business to react to threats before they occur.
Blue Pillar has also made the Aurora 5.0 platform more scalable through the addition of public and private cloud services, which give large businesses the ability to deploy changes at the same time across multiple sites.
See Also: Will wind turbines and solar panels be IoT juice of choice?
Aurora at the intersection of big data and big energy
Aurora 5.0 also makes an attempt at optimizing big data collection, to provide businesses with usable and actionable data instead of tons of unusable and random energy data.
Wearables continue to display strong growth in the first quarter of the year, reaching $6 billion in revenue on a 133 percent yearly growth.
The main factor for pushing wearables passed the $6 billion mark is the Apple Watch, which is already the most successful smartwatch on the market, despite being less than a year old.
See Also: Ericsson sees a wearable future that’s easy to swallow
Value per wearable grew at a rate of 50 percent yearly to $218, according to research firm Futuresource Computing, another potential factor of the Apple Watch growth in the first quarter.
If reaching the top of the smartwatch market wasn’t enough, the Apple Watch has also supposedly passed Casio, Citizen, and Fossil.