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Holiday profit seen higher as U.S. stores limit deals

Washington and Hurricane Sandy weren’t able to ruin everything for retailers this year. While one estimate put holiday sales gains at only 0.7%, retailers from Macy’s Inc. to Abercrombie &…

Labor market, housing in U.S. strengthen into 2013

The labor market and housing strengthened, signaling the U.S. expansion may withstand the fiscal impasse. “The economy is holding up just fine right now,” said Neil Dutta, head of U.S….

Neil Armstrong, Whitney Houston among notable deaths of 2012

The first man on the moon, the first U.S. woman in space and the first black Federal Reserve member were among the notable deaths in 2012. Neil Armstrong, 82, died…

Home prices in U.S. increase more than forecast

Home prices climbed more than forecast in October, indicating a rebounding real-estate market will bolster the U.S. economy for the first time in seven years. The S&P/Case-Shiller index of property…

Beebe declares state disaster following snow storm

Arkansas Gov. Mike Beebe has declared a statewide disaster following Tuesday’s winter snow storm that left more than 150,000 without power. Most of the power outages were in central Arkansas….

Holiday-time violence reports mixed

NORTHWEST ARKANSAS — It is a common belief that the holidays is a time that is not so jolly for some families, in fact it becomes even scarier as domestic…

Murphy to build 200 fuel stations at Walmart stores

El Dorado-based Murphy Oil Corp. on Wednesday (Dec. 26) announced it will build more than 200 new fuel stations at existing Walmart Supercenter locations in the midwest and southeast United…

U.S. holiday sales up 0.7% as Washington hurts confidence

U.S. holiday sales growth slowed by more than half this year after gridlock in Washington soured consumers’ moods and Hurricane Sandy disrupted shopping, MasterCard Advisors SpendingPulse said. Retail sales grew…