Good News, Hurricane Irene | featured news

Retail sales weather Hurricane Irene, stock market storm

Retail sales at major chain stores beat analysts' expectations, rising 4.4% year-over-year in August, according to Thomson Reuters' tally of 23 retailers. Discounters, including Target Corp. and Costco Wholesale Corp., did well as East Coasters stocked up before Hurricane Irene.

 

Stock rise after storm damage is less than feared

Stocks are rising after Tropical Storm Irene wound up being less severe than many analysts had anticipated.

 

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