• Wall St. slides on inflation fears, trade jitters

    11 days ago - By Reuters

    A surge in U.S. government bond yields to their highest level in almost 7 years sent Wall Street shares sliding on Tuesday after strong retail sales data stoked inflation concerns and investors fretted about looming trade talks between the United States and China.
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  • Major US stock indexes head lower as bond yields spike

    11 days ago - By Chron

    U.S. stocks moved broadly lower in afternoon trading Tuesday, led by declines in technology, health care and consumer-focused companies. The slide put the Dow Jones industrial average on track to end an eight-day winning streak. Bond prices fell, sending yields to their highest level in almost seven years. The pickup in bond yields followed a report showing a solid increase in U.S. retail sales last month.
    KEEPING SCORE: The S&P 500 index fell 23 points, or 0.9 percent, to 2,706 as of 2:20 p.m. Eastern Time. The Dow lost 230 points, or 0.9 percent, to 24,668. The Nasdaq composite dropped...
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  • Consumer spending picking up, gasoline prices a burden

    11 days ago - By Reuters

    U.S. retail sales rose moderately in April as rising gasoline prices cut into discretionary spending, but consumer spending appeared on track to accelerate. Aleksandra Michalska reports.
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  • Major US Stock Indexes Head Lower as Bond Yields Spike

    11 days ago - By NY Times

    U.S. stocks moved broadly lower in midday trading Tuesday, led by declines in technology, health care and consumer-focused companies.
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  • Wall St. slips as retail sales data revives inflation fears

    11 days ago - By Reuters

    Wall Street slipped on Tuesday after retail sales data pointed to a steady rise in inflation, reviving fears of faster interest rate hikes, while a lack of progress in U.S.-China trade talks continued to weigh on the market.
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  • U.S. consumer spending picking up, gasoline prices a threat

    11 days ago - By Reuters

    WASHINGTON - U.S. retail sales increased marginally in April as rising gasoline prices cut into discretionary spending, but consumer spending appeared on track to accelerate after slowing sharply in the first quarter.
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  • Higher gasoline prices restrain US retail sales in April

    11 days ago - By CNBC

    U.S. retail sales increased moderately in April as rising gasoline prices cut into discretionary spending.
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  • How Lyft Is Working With the U.S. Military

    11 days ago - By Fortune

    Lyft is testing a new ride-hailing feature at Camp Pendleton in San Diego designed to make it easier to pick up and drop off passengers at U.S. military installations.
    The “base mode” feature launched Tuesday in partnership with the U.S. military. Hailing a ride using the Lyft app can be a problem for people living or commuting to and from military bases because of security issues. The app might match a driver with a passenger on the base. But in most cases, the driver can't access the base, according to Lyft.
    The base mode feature only matches passengers to drivers who are allowed to...
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  • White House's Kudlow: Not certain what U.S. will do on China's ZTE: Politico

    11 days ago - By Reuters

    WASHINGTON - White House economic adviser Larry Kudlow said on Tuesday it was far from certain what steps the U.S. government would take on China's ZTE Corp , which he characterized as an enforcement, rather than trade, issue.
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  • A trade deal between the U.S. and China is possibly near, according to

    11 days ago - By AG Web

    A trade deal between the U.S. and China is possibly near, according to Farm Journal Washington correspondent Jim Wiesemeyer, as China's top economic advisors arrive in Washington to work through issues.
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  • Wall Street drops on concerns over U.S.-China trade woes, rising inflation

    11 days ago - By Reuters

    U.S. stocks slipped on Tuesday after the latest retail sales data indicated rising inflation and pushed up Treasury yields, while trade worries lingered with no signs of progress in U.S.-China talks.
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