02/25/2018

News

Retail Sales in U.S. Decrease to End Weakest Year Since 2009

The 0.1 percent drop matched the median forecast of 84 economists surveyed by Bloomberg and followed a 0.4 percent gain in November, Commerce Department figures showed Friday in Washington. For all of 2015, purchases climbed 2.1 percent, the smallest advance of the current economic expansion.

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Looking for Volatility? Try Germany’s Shift to Renewable Energy

Germany’s shift to renewable energy has created a power market so volatile that humans are having trouble keeping up with it.

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US Retail Sales Disappoint Again

Retail sales barely budged in April, confounding projections for a small increase, figures from the Commerce Department showed Wednesday. That followed a 0.2 percent drop from January through March that marked the first quarterly decline in almost three years.

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Jobless Claims in U.S. Hold Below 300,000 for Sixth Week

Fewer than 300,000 American workers filed applications for unemployment benefits for the sixth consecutive week, pointing to labor-market strength even as hiring cooled last month.

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Core Consumer Prices in U.S. Increase More Than Projected

The so-called core consumer-price index climbed 0.2 percent for a second month, a Labor Department report showed Tuesday in Washington. The median forecast of economists surveyed by Bloomberg called for a 0.1 percent increase. Prices overall also climbed 0.2 percent, the first advance in four months, as fuel costs stabilized.

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Jobless Claims in U.S. Rise to Highest Level in Nine Months

Jobless claims increased by 7,000 to 320,000 in the week ended Feb. 28, the most since May, from 313,000 in the prior period, a Labor Department report showed Thursday in Washington. The median forecast of 52 economists surveyed by Bloomberg expected claims of 295,000.

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