World News

US Retail Sales Decline

U.S. retail sales declined in March, the second drop in three months.

Friday's report from the Commerce Department says sales were off four-tenths of a percent.

Economists watch retail sales closely because consumer demand drives most U.S. economic activity.

Sales may be off because a tax increase reduced consumers disposable income.

A separate report says wholesale prices dropped six-tenths of a percent in March as fuel prices eased.

Featured Story

Head of Iranian Atomic Energy Organization, Ali Akbar Salehi, second from left, and Iranian Foreign Minister Javad Zarif, second from right, walk together during negotiations at an hotel in Lausanne, Switzerland, March 29, 2015.

Critical Juncture Reached in Iran Nuclear Talks

Iran's official tweets message Saturday that Iran is ready to make good deal, but P5+1 officials involved in talks say Iran must compromise More