The US economy is losing steam as retail sales show their biggest decline in 12 months
Retail sales down 1.1% in December; November sales fell Core sales down 0.7%; November sales not reviewed Manufacturing output is down 1.3%; November production cut Producer prices down 0.5%; up…
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Wall St stumbles on weak data, comments from hawkish Fed
Fed’s Bullard, Mester back rate rises US retail sales fall in December Indexes down: Dow 1.28%, S&P 1.07%, Nasdaq 0.78% 18 Jan. (Reuters) – Wall Street’s major indices fell on…
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Analysis: Turkey and its markets are heading for an election crossroads
Turkey’s presidential election represents a major split. Side effects of unorthodox economics crucial for voters Repeated periods of market turmoil have led investors to leave Turkey Economists recognize that a…
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Wall Street ends lower for a third straight day as recession concerns mount
US business activity slumps in December Meta jumps on JP Morgan rating upgrade Adobe climbs on optimistic profit forecast Dow down 0.85%, S&P 500 down 1.11%, Nasdaq down 0.97% NEW…
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US retail sales fall after hefty gains; labor market still tight
Retail sales fell 0.6% in November Core sales down 0.2%; October sales have been revised lower Weekly jobless claims fall by 20,000 to 211,000 WASHINGTON, Dec. 15 (Reuters) – US…
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