Better-than-expected, Third Quarter | featured news

Kraft's profit rises as new products drive sales

Kraft Foods' net income rose 13 percent in the third quarter, the food maker said Wednesday, as new products and increased advertising helped it top Wall Street expectations.

 

Retail sales point to stronger third-quarter consumer spending

Retail Sales

U.S. retail sales rose in September as Americans bought more cars and gasoline, while a gauge of consumer spending pointed to stronger-than-expected economic growth in the third quarter.

 

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