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Weak February U.S. retail sales underscore slowing economy
U.S. retail sales unexpectedly fell in February, the latest sign economic growth has shifted into low gear as stimulus from $1.5 trillion in tax cuts and increased government spending fades......»»
Fed"s Bullard: "More normal" yield curve bullish sign for 2020
The way U.S. bond markets responded to recent Federal Reserve interest rate cuts could be "bullish" for the economy, St. Louis Federal Reserve President James Bullard said on Thursday, adding he was ready to keep rates on hold and see how it plays out......»»
Powell to testify as Fed pauses rate cuts
Federal Reserve Chairman Jerome Powell is due to testify Wednesday in Congress about the outlook for the U.S. economy, giving his perspective two weeks after the Fed cut interest rates for a third time this year. .....»»
Powell to testify before Congress as Fed pauses rate cuts
Federal Reserve Chairman Jerome Powell is due to testify Wednesday in Congress about the outlook for the U.S. economy, giving his perspective two weeks after the Fed cut interest rates for a third time this year. .....»»
Economic Report: Retail sales get big lift from auto purchases as consumers drive U.S. economy forward
U.S. retail sales got a big boost in August from purchases of new autos and building supplies, but most other stores reported weak or declining receipts in a sign that consumers trimmed spending toward the end of summer......»»
Economic Report: Retail sales surge in July in a reassuring sign for the U.S. economy
Sales at U.S. retailers such as Amazon and Best Buy posted the biggest increase in July in four months, a sign Americans are still confident in the economy even as headwinds pick up. Retail sales increased 0.7% last month......»»
Economic Report: Retail sales pop again in June in good sign for consumer-driven U.S. economy
Sales at U.S. retailers rose solidly in June for the fourth month in a row, pointing to a strong rebound in consumer spending in the second quarter that suggests the economy is not as fragile as the Federal Reserve apparently believes......»»
Retail sales rise in sign of consumer health
WASHINGTON (AP) — U.S. retail sales rose at a solid pace last month, providing crucial support to the economy at a time when other drivers of growth have faded. The Commerce Department said Tuesday t.....»»
Retail sales rise in sign of consumer health
WASHINGTON (AP) — U.S. retail sales rose at a solid pace last month, providing crucial support to the economy at a time when other drivers of growth have faded. The Commerce Department said Tuesday t.....»»
They’re Getting Things Back to Front Down Under
Australia’s weakening economy needs a shot in the arm, so it’s a shame most of these tax cuts won’t take effect for years......»»
Economic Report: Retail sales fall in April and show broad weakness in key part of the U.S. economy
Sales at U.S. retailers fell in April for the second time in three months, a sign that Americans are exercising more caution over how much they spend with the economy facing more headwinds......»»
Rebounding Retail Activity Could Be Harbinger Of Better Things After Weak First Quarter
The economy lost some momentum in the first quarter of 2019, and freight movements were not spared fro.....»»
U.S. retail sales unexpectedly fall in February
U.S. retail sales unexpectedly fell in February, the latest sign economic growth has shifted into low gear as stimulus from $1.5 trillion in tax cuts and increased government spending fades......»»
Tax Cuts Seen Halting a Three-Month Retreat in U.S. Retail Sales
Tax cuts have given a boost to Americans’ take-home pay this year. The question hanging over the U.S. economy is whether they are putting the extra cash toward savings and debt, or using it to go shopping......»»
How To Trade The US Consumer Sentiment Data With EUR/USD
The Michigan Consumer Sentiment is a leading indicator of retail sales and the wider economy. The Market Impact Tool shows trading opportunities in both upside and downside surprises on this event. Selling EUR/USD Scenario read more.....»»
EU and Japan sign trade deal covering a third of the world"s economy
The European Union and Japan signed a huge free trade deal on Tuesday that cuts or eliminates tariffs on nearly all goods......»»
J.C. Penney shares dive 25 percent on forecast cut, weak results
Shares of U.S. retail chain J.C. Penney Co Inc sank below $2 for the first time on Thursday after it forecast a wider-than-expected full-year loss and posted disappointing results on the back of price cuts across product lines......»»
The Trump tax cuts were supposed to set off an investment boom. They aren’t so far.
The details might have changed, but the story remains the same: the economy is growing well, but not for the reason President Trump was hoping for. Which is to say that there’s still no sign his tax c........»»
Here"s another sign the US economy will slow next year
Juiced by President Donald Trump’s tax cuts, business investment helped deliver a robust U.S. economy in the first half of 2018, but signs have multiplied that the growth driver is faltering......»»
Here"s another sign the US economy will slow next year
Juiced by President Donald Trump’s tax cuts, business investment helped deliver a robust U.S. economy in the first half of 2018, but signs have multiplied that the growth driver is faltering......»»