• Citigroup stands by card strategy despite economic clouds

    5 days ago - By Reuters

    Some Wall Street analysts have begun to question whether Citigroup Inc's big bet on credit cards will backfire if the U.S. economy enters a recession, despite the bank saying it is underwriting responsibly.
    Read more ...

     

  • Global stocks, bond yields lifted by U.S.-China trade hopes

    5 days ago - By Reuters

    A gauge of global stocks rose for an eighth straight day and benchmark government bond yields climbed on Friday after signs of progress in U.S.-China trade talks, as well as a solid U.S. retail sales report, allayed recession worries.
    Read more ...

     

  • U.S.-China trade optimism boosts stocks, bond yields

    5 days ago - By Reuters

    A gauge of global stocks was on track for an eighth straight day of gains and benchmark government bond yields advanced on Friday after signs of progress in U.S.-China trade talks, as well as a solid U.S. retail sales report, allayed recession worries.
    Read more ...

     

  • US retail sales rose more than expected in August as auto buying jumped

    5 days ago - By CNBC

    U.S. retail sales were expected to climb 0.2% in August, after rising 0.7% a month earlier.
    Read more ...

     

  • US consumer sentiment jumps as confidence around the economy rises

    5 days ago - By CNBC

    Sentiment in the U.S. rose more than expected this month as consumers felt more confident about current and future economic conditions.
    Read more ...

     

  • Solid U.S. retail sales calm some worries about economy

    5 days ago - By Reuters

    U.S. retail sales increased more than expected in August, pointing to solid consumer spending that should continue to support a moderate pace of economic growth.
    Read more ...