business

This week: Retail sales, United Airlines and Netflix earnings

Font size+Author:Earth Edges news portalSource:health2024-05-01 11:07:36I want to comment(0)

Retail receiptsOn Monday, the government releases its report on retail sales for the month of March.

Retail receipts

On Monday, the government releases its report on retail sales for the month of March.

After pulling back in January, Americans picked up their spending a bit in February, but the 0.6% gain was weaker than expected and suggested that consumers are growing more cautious with their money. Wall Street expects retail sales rose about 0.4% last month March.

Retail sales, monthly percent change, seasonally adjusted:

Oct.: -0.3

Nov.: 0.0

Dec.: 0.4

Jan.: -1.1

Feb.: 0.6

March (est.): 0.4

Source: FactSet

United reports

On Tuesday, United Airlines issues its first-quarter earnings report after the bell.

Analysts project United lost 58 cents per share last quarter, the slowest travel period of the year. A year ago United lost 63 cents per share. United announced in March that federal regulators were increasing their oversight of the airline following a series of issues including a piece of the outer fuselage falling off one jet, an engine fire and a plane losing a tire during takeoff.

Related articles
  • Climate change could virtually disappear in Florida — at least according to state law

    Climate change could virtually disappear in Florida — at least according to state law

    2024-05-01 10:43

  • Outrage as Columbia president Minouche Shafik cancels all in

    Outrage as Columbia president Minouche Shafik cancels all in

    2024-05-01 10:18

  • Teresa Giudice, 51, of RHONJ poses with her mini

    Teresa Giudice, 51, of RHONJ poses with her mini

    2024-05-01 09:55

  • Man sentenced to 6 years in prison for attacking police with pole at Capitol

    Man sentenced to 6 years in prison for attacking police with pole at Capitol

    2024-05-01 09:19

Netizen comments