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Retail and wholesale sector performance

In this Jan. 6, 2011 file photo, a young woman stumbles as she tries to carry a large basket of coal as they illegally scavenge at an open-cast mine in the village of Bokapahari in the eastern Indian state of Jharkhand where a community of coal scavengers live and work. India has decided to liberalize foreign direct investment in domestic manufacturing, coal mining and digital media and will also allow single-brand retailers to start online sales to infuse capital into the country and boost its economy. (AP Photo/Kevin Frayer, File)
August 28, 2019 - 12:34 pm

India liberalizes foreign direct investment to boost economy

NEW DELHI (AP) — India decided Wednesday to liberalize foreign direct investment in domestic manufacturing, coal mining and digital media, and also allow single-brand retailers to start online sales to infuse capital into the country and boost its economy. Commerce and Industry Minister Piyush...
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FILE - In this June 3, 2019, file photo a shopping cart sits in the parking lot of a Target store in Marlborough, Mass. Target Corp. reports financial results Wednesday, Aug. 21. (AP Photo/Bill Sikes, File)
August 21, 2019 - 4:55 pm

Retailers' results show sharp divide between losers, winners

NEW YORK (AP) — The divide between retail winners and losers is widening. That became even more evident Wednesday with the latest batch of earnings reports: Big-box stores and off-price retailers have been responding faster to shoppers' increasing shift online with expanded deliveries and better...
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FILE - In this June 3, 2019, file photo a shopping cart sits in the parking lot of a Target store in Marlborough, Mass. Target Corp. reports financial results Wednesday, Aug. 21. (AP Photo/Bill Sikes, File)
August 21, 2019 - 4:04 pm

Retailers' results show sharp divide between losers, winners

NEW YORK (AP) — The divide between retail winners and losers is widening. That became even more evident Wednesday with the latest batch of earnings reports: Big-box stores and off-price retailers have been responding faster to shoppers' increasing shift online with expanded deliveries and better...
Read More
FILE - In this June 3, 2019, file photo a shopping cart sits in the parking lot of a Target store in Marlborough, Mass. Target Corp. reports financial results Wednesday, Aug. 21. (AP Photo/Bill Sikes, File)
August 21, 2019 - 3:45 pm

Retailers' results show sharp divide between losers, winners

NEW YORK (AP) — The divide between retail winners and losers is widening. That became even more evident Wednesday with the latest batch of earnings reports: Big-box stores and off-price retailers have been responding faster to shoppers' increasing shift online with expanded deliveries and better...
Read More
FILE - In this June 3, 2019, file photo a shopping cart sits in the parking lot of a Target store in Marlborough, Mass. Target Corp. reports financial results Wednesday, Aug. 21. (AP Photo/Bill Sikes, File)
August 21, 2019 - 3:12 pm

Retailers' results show sharp divide between losers, winners

NEW YORK (AP) — The divide between retail winners and losers is widening. That became even more evident Wednesday with the latest batch of earnings reports: Big-box stores and off-price retailers have been responding faster to shoppers' increasing shift online with expanded deliveries and better...
Read More
FILE - In this July 10, 2019, file photo shoppers visit the downtown Target Store in Minneapolis. Target Corp. reports financial results Wednesday, Aug. 21. (AP Photo/Jim Mone, File)
August 21, 2019 - 8:41 am

Target thrives in intense retail environment

NEW YORK (AP) — Target topped expectations in just about any way measureable during the second quarter as it pushed faster delivery for customers and invested heavily in new private label brands. Comparable store sales, which include online sales, rose 3.4 % as customer traffic jumped 2.4%. The...
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FILE - In this July 10, 2019, file photo shoppers visit the downtown Target Store in Minneapolis. Target Corp. reports financial results Wednesday, Aug. 21. (AP Photo/Jim Mone, File)
August 21, 2019 - 7:34 am

No misfires from Target in second quarter and profits soar

NEW YORK (AP) — Target topped expectations in just about any way measureable during the second quarter as it pushes faster delivery and invests heavily in new private label brands. Comparable store sales, which include online sales, rose 3.4 % as customer traffic jumped 2.4%. The measure includes...
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In this Aug. 18, 2019, photo, President Donald Trump speaks with reporters before boarding Air Force One at Morristown Municipal Airport in Morristown, N.J. (AP Photo/Patrick Semansky)
August 19, 2019 - 4:21 pm

Q&A: Recession jitters are rising. Is there reason to worry?

WASHINGTON (AP) — Nerves are being frayed by a global economy that increasingly looks breakable. Growth is stalling. Factory output is down. Oil demand is off. U.S. tariffs on China have slowed trade. Investors have crowded into government bonds and sent interest rates sliding in a way that has...
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FILE - In this July 4, 2019, photo, Chinese magazines with front covers featuring Chinese President Xi Jinping and U.S. President Donald Trump on trade war are placed for sale at a roadside bookstand in Hong Kong. China on Thursday, Aug. 15, 2019 threatened retaliation if Washington steps up their war over trade and technology by going ahead with planned Sept. 1 tariff hikes on additional Chinese imports. (AP Photo/Andy Wong, File)
August 16, 2019 - 12:07 am

Hong Kong cuts taxes to shore up economy amid protests

HONG KONG (AP) — Hong Kong's government announced tax cuts and higher social spending Thursday to reverse a deepening economic slump aggravated by anti-government protests and the U.S.-Chinese tariff war. The territory's financial secretary, Paul Chan, cut this year's official growth forecast to 0...
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File - In this Tuesday, March 5, 2019, file photo, an employee in protective clothing works with a steel pouring ladle during a guided media tour at the steel producer Salzgitter AG in Salzgitter. The German economy shrank by 0.1 percent in the second quarter from the previous quarter as global trade conflicts and troubles in the auto industry weighed on Europe's largest economy. (AP Photo/Markus Schreiber)
August 15, 2019 - 8:06 pm

Weak global growth likely to mean US slowdown, not recession

WASHINGTON (AP) — How fragile is the global economy? The U.S.-China trade war is weakening businesses in both countries, Germany's economy shrank in the second quarter, and Britain appears headed for a disruptive exit from the European Union this fall. Those trends have hammered American...
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