Similar Stories to Consumer Spending Seen Helping Quarterly Growth on Bing News

WASHINGTON (Reuters) - The U.S. economy probably gathered speed in the fourth quarter, with the biggest gain in consumer spending in four years offering the clearest signal yet that a sustainable recovery is under way.

BING NEWS:
  • Canada's September retail sales add to signs of rebound in consumer spending
    Canada's retail sales grew 0.4% in September as consumers spent more at grocery stores and supermarkets, data showed on Friday, and ensured the first quarterly increase in sales this year.
    11/22/2024 - 12:56 am | View Link
  • A tale of two retailers: Target reports sluggish spending while Walmart has a stellar quarter
    Target etched out a slim sales increase in the third quarter but profits slumped as inflation-weary customers pulled back on spending and costs related to a dockworker strike in October dragged on res ...
    11/19/2024 - 11:28 pm | View Link
  • Target’s sales data, consumer spending trends in focus during Q3 earnings
    U.S. retail giant Target (TGT) is scheduled to announce third quarter results on Wednesday, and investors will be closely monitoring comparable sales data and c ...
    11/19/2024 - 3:40 am | View Link
  • Alibaba Misses Quarterly Sales Estimates Amid Consumer Spending Slump in China
    Alibaba Group Holding failed to meet analysts' expectations for its quarterly sales, citing ongoing economic uncertainty in China that has dampened consumer spending. The e-commerce giant's revenue ...
    11/15/2024 - 2:18 am | View Link
  • Everest Group Quarterly Profit Rises on Reinsurance Strength, Investment Returns
    Expectation of a soft landing for the economy and strong labor market data has revived spending on insurance policies helping companies such as Everest. The company said gross written premiums in ...
    10/30/2024 - 6:54 am | View Link
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