BEIJING (Reuters) – China’s retail sales fell in July, sparking high expectations for modest growth as consumers in the world’s second-largest economy failed to shake warnings about the coronavirus while recovering of the manufacturing sector struggled to pick up pace. Asian markets pulled back Friday from the disappointing set of …
Read More »U.S. retail sales kick off in July; obstacles mount for emerging economic recovery
WASHINGTON (Reuters) – U.S. retail sales increased less than expected in July as consumers cut back on motorcycle purchases, and could move slowly in the months ahead amid spiraling new COVID-19 infections and a reduction in controls for unemployment benefits. Despite the moderation in retail sales reported by the Department …
Read More »Netflix Inc. stock performs as a brand on strong trading day
Shares of Netflix Inc. NFLX, + 0.28% inch 0.28% higher to $ 482.68 Friday, on what proved to be a very mixed trading session for the stock, with the Dow Jones Industrial Average DJIA, + 0.12% increasing 0.12% to 27,931.02 and the S&P 500 Index SPX, -0.01% falling 0.02% to …
Read More »News updates: McKesson Stock jumps after Trump says company would spread Coronavirus vaccine
(Photo by Joe Raedle / Getty Images) Getty Images Text size Here’s what you need to know about the impact of Covid-19 to navigate the markets today. • President Donald Trump said Friday that McKesson would work with the U.S. government to spread a coronavirus vaccine if one is approved. …
Read More »U.S. retail sales kick off in July; obstacles mount for emerging economic recovery
WASHINGTON (Reuters) – U.S. retail sales increased less than expected in July as consumers cut back on motorcycle purchases, and could move slowly in the months ahead amid spiraling new COVID-19 infections and a reduction in controls for unemployment benefits. Despite the moderation in retail sales reported by the Department …
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