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FILTERED RESULTS
Welfare reform is possible: we did it before, we can do it again
AI growth could offset effects of ageing in Asia – Georgieva
Has London’s £5bn ‘super sewer’ improved water quality in the Thames?
Federal Reserve's October Rate Decision Faces Uncertainty Amid Inflation Concerns
Data centers may benefit from massive rural utility loan, US official says
KFC switch to Coke puts PepsiCo’s food service ties in focus, analysts say
Fox Factory shares tumble following CEO departure and outlook reduction
Chile’s pension funds requested curbs on interest-rate bets before losses, Bloomberg reports
Dollar set for weekly loss as Fed hike bets fade, AI clouds outlook
Market Euphoria Distracts From Brazil’s Surging Debt Problem
Warsh: I’ve focused too much on monetary policy
Apple set for UK legal fight over iPhone tap-to-pay rules
Why is Aritzia stock gaining today?
Why is Suncor Energy stock climbing today?
Bank of America Eyes at Least $6 Billion in High-Grade Bond Deal
Why Tech’s AI Borrowing Binge Is Rattling Markets
KFC picks Coca-Cola as US soda supplier, ditches longtime partner PepsiCo (Oct 15)
Emergent BioSolutions stock falls as CFO plans retirement
Michael Palin on Still Traveling the World at 83
Morgan Stanley Analysts Express Optimism for Tesla Ahead of Q3 Earnings
Toyota Commits to Making Cars in Canada as Rivals Downsize
Fed’s Job to Get Tougher as Oil Shock Filters Through Economy
Peru Indigenous Group Bids for Part of China-Owned Copper Mine
Andy Burnham urges SNP’s John Swinney to team up on devolving jobs support
Citi becomes latest US bank to restrict AI agents from accessing accounts
Trump has failed to listen to voters on inflation
Bitcoin Tests Key Moving Averages Amidst Volatile Trading
Federal Reserve Board announces termination of enforcement actions with Gardner Bancshares, Inc. and Small Business Bank
China Buys More US Soybeans as Purchasing Spree Gathers Pace
US Postal Service ready to handle ballots for November election
Why is Birkenstock stock sliding today?
National Bank of Ethiopia joins Papss
Brasil: euforia por Flávio Bolsonaro oculta crisis de deuda
The hunt for Fed October
Supertanker rates fall from record highs
City Therapeutics allocated no shares to half of IPO orders - report
NY Fed service sector survey finds notable price pressures
Sponsors sit out M&A recovery in Q3 results
Fed Divisions and AI Debt Risks Shape Rate Outlook
U.S. Department of Energy Seeks Exchange for 17 Million Barrels of Crude Oil
Banks must fix gaps in climate stress tests – Elderson
The Case for Mamdani-Style Populism
Treasuries Stall as Global Stocks Recovery Clips Haven Rally
Chip Stocks Set for Longest Losing Run Since 2008: Markets Wrap
Anthropic Urged to Delay IPO Amid AI Safety Concerns
Why is Palo Alto Networks stock sliding today?
Nasdaq falls as AI trade extends declines, S&P 500 seesaws while Dow rises
US manufacturing output rises in September
Exxon Signals Record Refining Earnings as Diesel Prices Soar
HKEX Announces Transition to T+1 Settlement Cycle for Cash Market
Anthropic Engages with New York City Comptroller Mark Levine
Stripe and Plasma Collaborate on Multi-Currency Stablecoin Cards
Week Ahead for FX, Bonds: U.S., European PMI Data in Focus
Blue Origin Announces $330 Million Expansion in Florida for New Glenn Rocket Launches
US Factory Production Rebounds on Semiconductors, Supplies
Alberta Separatists Promise Oil Riches But Voters Are Skeptical
Euro Poised to Halt Five-Week Losing Run After Warsh Remarks
USDCAD Experiences Volatility Amid Higher Inflation Data
Why is Moderna stock dropping today?
U.S. Official Warns of AI-Driven Cybersecurity Risks
Union Pacific CFO Jennifer Hamann to retire in early 2027
Russia and the United States Engage in Arctic and LNG Project Discussions
Bank of America Engages Contractors to Address Software Flaws
CoreWeave Shares Decline Following Previous Gains
US’s AI task force sets path for study and reviews, leader tells CNBC
US import prices increase; post largest annual gain in more than four years
Tesla Shares Rise Following New Roadster Unveiling
UBS Maintains Neutral Rating on Apple Amid Concerns Over iPhone Sales
Wall St opens muted as tech jitters linger; Tesla gains
US Retail Sales Rise 0.8% in September, Exceeding Expectations
Retail sales in the United States increased by 0.8% in September compared to the previous month, surpassing analysts' expectations of a 0.3% rise. This follows a revised increase of 1.2% in August, up from an earlier estimate of 1.1%. Sales excluding automobiles also exceeded forecasts, rising by 0.9% against an expected 0.5%.
However, the details of the report reveal a more nuanced picture. Sales excluding both gasoline and automobiles rose by only 0.2%, while the retail control group, which is critical for estimating goods consumption in the gross domestic product (GDP), saw a modest increase of just 0.1%, missing the anticipated 0.3%. This indicates a potential slowdown in consumer spending momentum in key categories relevant to GDP calculations.
Gasoline sales were a significant contributor to the overall increase, accounting for 71% of the dollar rise in September. Sales at gasoline stations surged by 6.4% for the month and 28.1% year-over-year, contributing $4.07 billion to the total sales increase of $5.70 billion. In contrast, spending in other categories was mixed, with restaurants showing a notable gain of 1.1%, while clothing and general merchandise saw little to no change. Overall, while consumer spending remains robust, the strength is uneven across different sectors.
© 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: KLEA News