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Amazon sellers suffer from US-China trade war

U.S. third-party vendors who sell on Amazon’s e-commerce platform cited US duties on Chinese products as the main reason their costs are rising, reducing their margins and forcing them to raise consumer prices, writes the…

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US oil inventories down 6.9 million barrels per week

U.S. commercial oil reserves (excluding the strategic reserve) for the week ended September 6 fell 6.9 million barrels, or 1.6%, to 416.1 million barrels, the Energy Ministry’s Energy Information Management (EIA) review said in a…

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US Retail Sales Stronger Than Forecast

US retail sales in August rose more than expected, amid rising auto spending and online sales. Retail sales in August increased by 0.4% compared with the previous month, according to the Ministry of Commerce of…