• Retail stocks are rising after a report said last year's holiday season was 'better than anything we could have hoped for'

    5 days ago - By Business Insider

    Retail stocks are up, some over 3%, on solid numbers from the National Retail Federation.
    Sales rose 5.5% last November and December compared to the previous year.
    Americans spent 5.5% more in November and December 2017, reaching $691.9 billion, than they did the previous year, the National Retail Federation said Friday.
    The holiday season was expected to be one of the best in a decade thanks to higher-than-usual consumer confidence and an increasingly lower unemployment rate, but the numbers released by the industry group were still a shock.
    Here's how some of the country' largest retail...
    Read more ...

     

  • Retail stocks are rising after a report said last year's holiday season was 'better than anything we could have hoped for'

    Retail stocks are rising after a report said last year's holiday season was 'better than anything we could have hoped for'

    5 days ago - By Business Insider

    Retail stocks are up, some over 3%, on solid numbers from the National Retail Federation.
    Sales rose 5.5% last November and December compared to the previous year.
    Americans spent 5.5% more in November and December 2017, reaching $691.9 billion, than they did the previous year, the National Retail Federation said Friday.
    The holiday season was expected to be one of the best in a decade thanks to higher-than-usual consumer confidence and an increasingly lower unemployment rate, but the numbers released by the industry group were still a shock.
    Here's how some of the country' largest retail...
    Read more ...

     

  • Retail stocks are rising after a report said last year's holiday season was 'better than anything we could have hoped for'

    Retail stocks are rising after a report said last year's holiday season was 'better than anything we could have hoped for'

    5 days ago - By Business Insider

    Retail stocks are up, some over 3%, on solid numbers from the National Retail Federation.
    Sales rose 5.5% last November and December compared to the previous year.
    Americans spent 5.5% more in November and December 2017, reaching $691.9 billion, than they did the previous year, the National Retail Federation said Friday.
    The holiday season was expected to be one of the best in a decade thanks to higher-than-usual consumer confidence and an increasingly lower unemployment rate, but the numbers released by the industry group were still a shock.
    Here's how some of the country' largest retail...
    Read more ...

     

  • Investors cheer German deal, but some bemoan lack of vision

    Investors cheer German deal, but some bemoan lack of vision

    5 days ago - By Stl Today

    FRANKFURT, Germany - Hopes for a new government in Germany sent the euro and markets higher Friday on relief that the Europe's biggest economy might soon get stable leadership. But it left some economists and business lobbyists saying it...
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  • Germany, ECB drive euro; stocks gain too

    Germany, ECB drive euro; stocks gain too

    5 days ago - By Reuters

    The euro climbs to a three-year high as German Chancellor Angela Merkel's conservatives and rival Social Democrats reach a breakthrough in coalition talks. As David Pollard reports, the single european currency had already been lifted by hawkish ECB minutes.
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  • Euro surges amid German government hopes; stocks solid

    5 days ago - By Chron

    LONDON - The euro surged to three-year highs against the dollar Friday amid hopes for a new coalition government in Germany and signs that the European Central Bank is preparing to rein in its stimulus sooner than many had been predicting. Stock markets were steady as traders paused for breath following more records on Wall Street.
    KEEPING SCORE: In Europe, Germany's DAX fell 0.1 percent to 13,196 while Britain's FTSE 100 rose 0.2 percent to 7,777. France's CAC 40 rose 0.3 percent to 5,502. Wall Street was poised to open higher, with Dow futures and the broader S&P 500 futures up 0.2 percent.
    Read more ...