US retail sales strong in February; an increase in the price of petrol will affect spending

Column chart titled 'Monthly change in US retail sales'

Retail sales increased by 0.6% in February Basic sales earn 0.5%; a large tax refund guarantees spending Production increases in March, but the supply chain continues to deteriorate WASHINGTON, April 1 (Reuters) – U.S. retail prices rose by the most in seven months in February as car prices rose and temperatures soared, but rising gasoline … Read more

US retail sales strong in February; an increase in the price of petrol will affect spending

US retail sales strong in February; an increase in the price of petrol will affect spending

Written by Lucia Mutikani WASHINGTON, April 1 (Reuters) – U.S. retail prices rose by the most in seven months in February as car prices rose and temperatures soared, but rising gasoline prices due to war in the Middle East were expected to dampen spending in coming months. A late report from the Commerce Department on … Read more

Your flight is about to get expensive. These tips can save you this summer.

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Your summer travel plans may soon be affected by the war in the Middle East. In addition to widespread flight cancellations in the region, the ongoing conflict is driving up oil prices. High oil prices affect jet fuel prices, and how much airlines charge for travel. Oil prices have risen above $100 a barrel, a … Read more

The increase in the pension age to 67 starts today – that’s when you can retire

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Your support helps us tell the story From reproductive rights to climate change to Big Tech, The Independent is breaking new ground as the story unfolds. Whether it’s investigating the finances of Elon Musk’s pro-Trump PAC or producing our latest film, ‘The A Word’, which shines a light on American women fighting for reproductive rights, … Read more

Increase your wealth with these tax strategies

Building a tax efficient portfolio

Morsa Images | E+ | Getty Images To increase wealth, Americans should look beyond smart investments and embrace smart tax planning. From strategies aimed at reducing taxable income to more efficient tax moves, there are many ways investors can build and protect their investments. However, many people do not take advantage of the options available … Read more