world

This week: Retail sales, United Airlines and Netflix earnings

Font size+Author:World Wander news portalSource:world2024-05-21 20:59:31I 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
  • Tom Brady and Jay

    Tom Brady and Jay

    2024-05-21 19:41

  • Death toll from Kenya floods reaches 179, evacuations underway

    Death toll from Kenya floods reaches 179, evacuations underway

    2024-05-21 19:17

  • Iraqi Shiite militia claims drone attack on Israeli

    Iraqi Shiite militia claims drone attack on Israeli

    2024-05-21 18:42

  • Emerging trends for upcoming May Day holiday

    Emerging trends for upcoming May Day holiday

    2024-05-21 18:34

Netizen comments