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Gasoline prices pinch consumers in April

The U.S. economy struggled to gain momentum early in the second quarter, with retail sales posting their smallest rise in nine months in April and wholesale prices increasing more than expected.

Instant View: Jobless claims fall, retail sales up 0.5 percent

U.S. claims for unemployment aid fell sharply last week but slightly less than analysts expected after a surprisingly big rise the prior week, a government report showed on Thursday.

Retail sales rise 0.5 percent in April on food, gas

Sales at U.S. retailers posted their smallest gain in nine months in April as high food and gasoline prices drew spending away from other areas, but upward revisions to March's data suggested consumer spending in the first quarter might have been stronger than initially thought.

Retail sales rise on food and gas

The economy struggled to gain momentum early in the second quarter, with retail sales posting their smallest rise in nine months in April and wholesale prices increasing more than expected.

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Softbank, Inc.’s Son, Japan’s Richest Man, Ventures into Luxury Online Retail

The CEO of Japan's Softbank, Inc. invests over $60 million into Gilt Groupe, Inc.

Hindus outraged by Aussie swimwear featuring goddess Lakshmi

Indian Hindu groups are outraged by an Australian fashion show that featured models wearing swimsuits featuring the Hindu goddess of wealth Laxmi.

April NPD Preview -- Expect Rebound in Software Sales Growth: Analyst

Wedbush Securities expects April U.S. retail video game console software sales data to be released by the NPD Group after the market close on May 12. The brokerage said April may be an anomalous month for software sales, with a rebound likely due to an outstanding lineup of blockbuster title.

Ruffino winery adds new sparkling wine collection to its portfolio

Ruffino,a renowned Italian winery founded in Tuscany in 1877, announces the introduction of its inaugural Ruffino Prosecco Doc.

Gap chief designer gets the boot

Gap sacks its chief designer after first quarter figures revealed declining sales.

Report: 3-D TVs Will Take Off

A new report from IHS Research says 3-D TVs will become bigger as more content comes available, the price drops and manufacturer's market them differently.

A pedestrian walks past the NASDAQ building in New York City

Post-Market NASDAQ Losers (GSIT, IGOI, TTMI, EMKR, PWAV, CELL, MDRX, TESO, VTSS, KNOT)

The top after-market NASDAQ Stock Market losers are: GSI Technology, iGo, TTM Technologies, EMCORE, Powerwave Technologies, Brightpoint, Allscripts Healthcare Solutions, Tesco, Vitesse Semiconductor, and The Knot.

Oil slightly rebounds in Asia trade

Oil prices rose by 1.3 percent on Friday as a weakened dollar sparked a rebound, but economic data expected during the US market hours could force the commodity south.

Silver bars are displayed at the Austrian Gold and Silver Separating Plant 'Oegussa' in Vienna February 28, 2011

Silver crash: The COMEX margin trick and Soros rumors worked well

The silver price in US dollars experienced a very sharp fall back of over 30 percent within 4 days. The main trigger were extremely rare and aggressive margin hikes for COMEX futures, which helped to eliminate a large chunk of speculative positions on the metal.

The WTC site: a glimpse into the past and its bright future

As Americans revel in the wake of Osama bid Laden's death, we take a deeper look into the history of the World Trade Center, and its future.

Wyoming Couple, Rental Company Spar Over Privacy

The Byrds from Casper, Wyo. is suing Aaron's, a national rental chain, for spying on them using a webcam from a software installed on the computer they rented.

Euro zone retail sales drop, point to weak demand

Euro zone retail sales fell sharply in March, data showed on Wednesday, indicating that rising food and energy prices were curbing household demand and that economic recovery was still mainly industry-driven.

China is facing destabilizing inflation: AEI Outlook

China's inflation rate has reached a point where it is sparking social unrest, the American enterprise Institute's (AEI) latest outlook report has noted. Chinese premier Wen Jiabao's recent comment that inflation is a tiger that once set free is very difficult to put back in its cage[1] aptly characterizes the current inflation in his country. The world's second-largest economy faces some fundamental choices if it is to restore stability, says the report, which was au...

BNP retail boosts bumper Q1, shares rise

BNP Paribas , France's biggest listed bank, beat forecasts for first-quarter revenue and earnings, driven by strong retail growth and resilient investment banking that bolstered investor confidence.

BNP beats Q1 forecasts on European retail

BNP Paribas, France's biggest listed bank, beat forecasts for first-quarter revenue and earnings, driven by strong retail growth and resilient investment banking.

New Yorkers to soon have 'taxi of tomorrow' from Nissan

Nissan Motors has bagged the contract to provide the next generation of New York's famous yellow taxis, the car-maker said in a statement.

Is your résumé sabotaging your career?

Jake was an unfortunate victim of the downturn in his chosen industry. Graduating in 2005 from a Master's in Aviation program, he entered the job market and was unsuccessful in securing a position in his field of interest. Then, with the global economic crisis just a few years later, he put his dreams on hold and decided to continue to work in the retail field for Sam's Club, not knowing if he would ever be able to use his degree to break into aviation.

RIM PlayBook sales to be highlight of Capital Markets Day, but has more to offer: Analyst

Barclays Capital expects Research In Motion Ltd. (NASDAQ: RIMM) to announce both new product -- OS6 and possibly QNX -- and software / application at RIM’s Capital Markets Day on May 2 in Orlando. In addition, the PlayBook sales should be the highlight of the analyst day.

Post-Market NASDAQ Gainers (SPWRB, SPWRA, NTGR, LNET, TNAV, SWKS, SIMO, ACOM, ASGN, TRLG)

The top after-market NASDAQ Stock Market gainers are: SunPower, Netgear, LodgeNet Interactive, TeleNav, Skyworks Solutions, Silicon Motion Technology, Ancestry.com, On Assignment, and True Religion Apparel.

Pre-Market NASDAQ Movers (VTAL, INSP, FTNT, MITI, CTXS, AKAM, FLEX, ITMN, MLNX, URBN)

The top pre-market NASDAQ Stock Market gainers are: Vital Images, InfoSpace, Fortinet, Micromet, and Citrix Systems. The top pre-market NASDAQ Stock Market losers are: Akamai Technologies, Flextronics International, InterMune, Mellanox Technologies, and Urban Outfitters.