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Retail sales rise slight 0.2 percent in August

WASHINGTON — Americans boosted their spending at retail businesses only modestly in August, indicating that economic growth remains sluggish. Consumers bought more cars, furniture and electronics last month but held back on most other purchases. Spending at retail businesses rose ...

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Wholesale stockpiles rise 0.1 percent in July

WASHINGTON — U.S. wholesalers increased in their stockpiles only slightly in July after three monthly declines and theirs sales improved at the weakest pace in seven months. The Commerce Department said Wednesday that wholesale stockpiles rose just 0.1 percent in ...

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Economy grew at 2.5 percent rate in spring

WASHINGTON — The U.S. economy grew at a 2.5 percent annual rate from April through June, much faster than previously estimated. The steep revision was largely because U.S. companies exported more goods and imports declined. The Commerce Department said second-quarter ...

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Consumer confidence rises in August

WASHINGTON — Americans’ confidence in the economy inched closer to a 5 ½-year high on growing optimism that hiring and wages could pick up in coming months. The Conference Board, a New York-based private research group, said Tuesday that its ...

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Signal of upturn for downtown?

Signal of upturn for downtown?

A long-running Baltimore accounting firm’s move to 400 E. Pratt St. is just part of Baltimore’s attempt to revitalize its downtown business district, even as other neighborhoods have been attracting more buzz.

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