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.

Feature Story

Video NATO Leaders Set to Gather on Russia, Middle East

At summit in Wales, to begin Thursday, top representatives of alliance countries to face ‘changed world,’ according to NATO chief Rasmussen More