March 15,2017 United States: U.S. Retail Sales Unexpectedly Fall for Third Straight Month U.S. retail sales unexpectedly fell in February for a third month, adding to signs that consumer spending will cool this quarter from the previous period’s hot pace, according to Commerce Department figures released Wednesday. The results indicate consumer spending, the biggest part

March 14,2018 United States: U.S. Retail Sales Unexpectedly Fall for Third Straight Month U.S. retail sales unexpectedly fell in February for a third month, adding to signs that consumer spending will cool this quarter from the previous period’s hot pace, according to Commerce Department figures released Wednesday. The results indicate consumer spending, the biggest part

March 13, 2018 United States: U.S. Inflation Picked Up in February Without Any Big Acceleration U.S. consumer prices continued to firm in February, indicating inflation is creeping up toward the Federal Reserve's target without the kind of breakout that would warrant a faster pace of interest-rate hikes. Both the main consumer price index and the

March 12, 2018 United States: Ex-Commerce Chief Says Trump Tariffs Could Damage U.S. Economy The tariffs on steel and aluminium levied by President Donald Trump could damage the U.S. economy and set off trade wars with American allies, according to former commerce secretary Penny Pritzker. “The European Union has come out and said they’re going to go after our

March 9, 2018  United States: Strong U.S. job growth forecast; unemployment rate seen at 4 percent U.S. job growth likely rose at a brisk clip in February and probably pushed down the unemployment rate to a more than 17-year low of 4.0 percent, but wage gains are expected to have slowed after three straight months