Tag Archives: goods
Canada-U.S. price gap report calls for import tax cut
Senators who studied why Canadians pay more than Americans for many products are calling on the government to review the taxes on imported goods. Continue reading
Businesses plan to boost spending, gauge shows
The Commerce Department said on Monday that non-defense capital goods orders excluding aircraft, a closely watched proxy for investment plans, edged higher 0.2 percent. Continue reading
Stopping child labor: There’s an app for that
Kids at stoplights offering to wipe a windshield for a few coins, or little ones hawking goods at produce markets: In much of the developing world, it’s common to see children as young as eight or nine hard at work. Continue reading
Wall Street keeps an eye on Amazon’s sales tax hit
SAN FRANCISCO (Reuters) – Amazon.com Inc's unfamiliar role as tax collector may have dented its crucial holiday quarter by reducing the online retail giant's longstanding price advantage over its rivals in several major markets. Sales growth in California for merchants who sold their goods via Amazon lagged growth in the rest of the country after the company began collecting state sales tax there on September 15, according to an analysis by e-commerce firm ChannelAdvisor. Continue reading
Retail sales point to firmer consumer spending
Retail sales rose more than expected in December as Americans shrugged off the threat of higher taxes and bought automobiles and a range of other goods, suggesting momentum in consumer spending as the year ended. Continue reading
Regions Financial: Bank Stock Winner Again
NEW YORK (TheStreet) — Regions Financial was the winner among major U.S. financial names on Wednesday, with shares rising 3% to close at $8.22. Continue reading →