© Reuters. People walk past an electronic display showing world markets indices outside a brokerage in Tokyo By Hideyuki Sano TOKYO (Reuters) – Asian stocks edged up on Thursday, a day after U.S. S&P 500 hit a record peak following encouraging economic data, while investors keep a wary eye onRead More →
Getty Images People with shopping bags walk down the sidewalk during the Christmas holiday season last month. The outlook: Economic activity continued to expand “modestly” over the last six weeks of 2019, according to the Federal Reserve’s Beige Book, released Wednesday. Two districts: Richmond and Dallas, reported growth at above-averageRead More →
Bloomberg News/Landov Credit card debt had dropped in two out of four months before strong gains in April and May. The numbers: Consumer borrowing expanded at a solid pace for the second straight month, according to the Federal Reserve on Monday. Total consumer credit increased $17.1 billion in May afterRead More →
Bloomberg News Shoppers walk past stores at a mall in Chicago. The numbers: Reports of the death of the American consumer were greatly exaggerated as the May retail sales data rose at a solid pace and the decline in the prior month was revised to show a gain. Retail salesRead More →
Stock markets in Asia were forging higher Monday morning, building on solid gains the previous week as hopes for a U.S.-China trade continue to rise. Chinese stocks were among the top performers in the region with the Shanghai Composite SHCOMP, -0.05% ahead nearly 1%, with large caps again leadingRead More →
© Reuters. The German share price index DAX graph at the stock exchange in Frankfurt MILAN (Reuters) – European shares hit nine-week highs on Tuesday as a recovery in banks and gains in oil stocks on stronger crude prices and a solid update from major BP (LON:) helped offset someRead More →
