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Economic Roundup: Fatigue or Something Worse

7 monthes ago   |   By Economy

U.S. control retail sales are lower now than in August 2019.
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Consumer spending rose modestly in January as clothing store sales fell by the most since 2009

7 monthes ago   |   By CNBC

Sales at clothing stores declined by the most since 2009 in January, which could raise concerns about the economy's ability to continue expanding at a moderate pace.
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US January industrial output falls on weather, Boeing drop

7 monthes ago   |   By CNBC

U.S. industrial production fell 0.3% in January as unseasonably warm weather held down the output of utilities and Boeing slowed production of civilian aircraft.
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U.S. manufacturing output hit by Boeing troubles

7 monthes ago   |   By Finance Commerce

U.S. manufacturing output fell slightly in January, driven lower by Boeing's decision to halt production of its troubled 737 MAX aircraft.
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U.S. retail sales up a modest 0.3% in January

7 monthes ago   |   By Finance Commerce

U.S. retail sales rose a modest 0.3% in January, a slight improvement over December, as unseasonably warm weather boosted sales at hardware stores and furniture stores.
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The Latest: Moscow asks elderly to stay home amid new surge

The Latest: Moscow asks elderly to stay home amid new surge

MOSCOW - Moscow authorities have issued a recommendation for the elderly to stay at home and for employers to allow as many people as possible to work remotely, following a... Read more ...

Secretive data-miner Palantir could fetch a $22 billion price-tag at its...

Secretive data-miner Palantir could fetch a $22 billion price-tag at its market debut next week, WSJ says

Summary List Placement Palantir, the secretive technology firm, could fetch a $22 billion price-tag at its planned market debut on September 30, the Wall Street Journal... Read more ...

If Trump bypassed the FDA on a COVID-19 vaccine it could 'upend' the...

If Trump bypassed the FDA on a COVID-19 vaccine it could 'upend' the traditional approval structure and erode the public's trust in the executive agency, expert says

Summary List Placement President Donald Trump suggested on Wednesday that the White House could bypass the US Food and Drug Administration on approving a coronavirus... Read more ...

Asian shares gain, cheered by US rally on hopes for stimulus

Asian shares gain, cheered by US rally on hopes for stimulus

TOKYO - Asian shares advanced Friday, cheered by a modest rally on Wall Street and rising hopes for fresh stimulus for the U.S. economy. Read more ...

The Latest: $14M more in virus funds for 3 Ariz universities

The Latest: $14M more in virus funds for 3 Ariz universities

PHOENIX - Arizona will provide the state's three public universities with $14 million in additional funding to boost their efforts to test, track and respond to the coronavirus. Read more ...

College reopenings could be to blame for 3,000 new coronavirus cases per day...

College reopenings could be to blame for 3,000 new coronavirus cases per day in the US

Summary List Placement Once again, the hopeful trend in the US's coronavirus outbreak didn't last. Although the country's weekly average of coronavirus cases began dropping in... Read more ...

US stocks climb in choppy trading on strong housing data and restarted...

US stocks climb in choppy trading on strong housing data and restarted stimulus talks

Summary List Placement US equities gained in frothy Thursday trading as investors digested revived stimulus hopes and rising COVID-19 case counts. New-home purchases reached an... Read more ...

Leaked internal Democratic memos show Chuck Schumer and Nancy Pelosi...

Leaked internal Democratic memos show Chuck Schumer and Nancy Pelosi messaging plans after RBG's death

Summary List Placement Internal talking points circulating on Capitol Hill reveal Democrats' scramble to win the political messaging war sparked by the death of Supreme Court... Read more ...

Facebook issues warning about Russian 'hack-and-leak' operations ahead of...

Facebook issues warning about Russian 'hack-and-leak' operations ahead of the 2020 election

Summary List Placement Be on the lookout for another Russian government hack-and-leak operation ahead of the US presidential election, Facebook warned this week after removing... Read more ...

A few Comments on August New Home Sales

A few Comments on August New Home Sales

New home sales for August were reported at 1,011,000 on a seasonally adjusted annual rate basis. Sales for the previous three months were revised up significantly. This was... Read more ...