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CORPORATE AMERICA brought $664.9 billion of offshore profits back to the United States in 2018, short of the $4 trillion President Donald Trump said would return as a result of the 2017 tax overhaul. / BLOOMBERG NEWS FILE PHOTO/AL DRAGO

President’s offshore cash promise falters as $665B returns

NEW YORK - Corporate America brought $664.9 billion of offshore profits back to the United States last year, falling short of the $4 trillion...
ORDERS FOR U.S. BUSINESS EQUIPMENT increased in January by the most in six months. / BLOOMBERG FILE PHOTO/SERGIO FLORES

U.S. business-equipment orders advance by most in 6 months

NEW YORK - Orders placed with United States factories for business equipment rebounded in January by the most in six months, a sign demand...
OVERALL U.S. RETAIL SALES increased 0.2 percent in January after a 1.6 percent decrease prior month. / BLOOMBERG NEWS FILE PHOTO/DAVID PAUL MORRIS

U.S. retail sales rise in Jan., stabilizing after a slump

NEW YORK - United States retail sales stabilized in January after a plunge the prior month that was larger than first reported, indicating consumers...
THE U.S. TRADE deficit widened in 2018 to a 10-year high of $621 billion. / BLOOMBERG NEWS FILE PHOTO/TIM RUEM

U.S. trade gap surged to $621B in 2018, highest in decade

NEW YORK -The United States trade deficit widened in 2018 to a 10-year high of $621 billion, bucking President Donald Trump’s pledges to reduce...
U.S. CONSTRUCTION spending posted the smallest annual increase since 2011 in December. / BLOOMBERG NEWS FILE PHOTO

U.S. 2018 construction spending rises by least in 7 years

NEW YORK - United States construction spending posted the smallest annual increase since 2011 as homebuilding slowed amid higher borrowing costs and a glut...
UNITED STATES GDP increased at a 2.6 percent annualized rate from October to December. / BLOOMBERG NEWS FILE PHOTO/ALEX FLYNN

U.S. GDP grows at 2.6% pace as business spending accelerates

NEW YORK - The United States economy cooled by less than expected last quarter as business investment picked up, suggesting growth could be stronger...

December drop in retail sales stokes fears of economic downturn

PROVIDENCE – A jarring drop in national retail sales in December coincided with an increase in the money anxiety index, which measures the public’s...
U.S. RETAIL SALES declined 1.2 percent from the prior month in December, according to Commerce Department figures released Thursday after a four-week delay due to the shutdown. / BLOOMBERG NEWS FILE PHOTO/DAVID PAUL MORRIS

U.S. retail sales fall most in 9 years amid stock plunge

NEW YORK - United States retail sales unexpectedly fell in December, posting the worst drop in nine years in a sign of slower economic...
U.S. RETAIL SALE increased 4.2 percent year over year in November./ BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

U.S. retail sales top estimates as core measure up most in...

NEW YORK - United States retail sales topped forecasts in November as a key measure jumped by the most in a year and October...
THE U.S. TRADE GAP increased 1.7 percent to $55.5 billion in October, the highest in a decade. / BLOOMBERG NEWS FILE PHOTO/TIM RUE

U.S. trade gap widens to 10-year high amid China tensions

NEW YORK - The United States trade deficit widened more than forecast in October to the highest in a decade, underscoring continued fallout from the...
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