Commerce Department: U.S. Federal Reserve

U.S. Federal Reserve: WASHINGTON - U.S. retail sales rose in July, pointing to an acceleration in consumer spending that could bolster the case at the U.S. Federal Reserve for winding down a major economic stimulus program. , according to Reuters. Retail sales rose 0.2 percent in July, the Commerce Department said. By Jason Lange Other data released on Tuesday showed that small businesses were more optimistic in July, although companies rebuilt inventories in June at an unexpectedly weaker pace. (www.immigrantscanada.com). As reported in the news.