Retail sales increase 0.6% in June; May revised lower Core retail sales rise 1.1%; May revised down Consumer sentiment ebbs in early July WASHINGTON, July 16 (Reuters) – U.S. retail sales unexpectedly increased in June as demand for goods remained strong even as spending is shifting back to services, supporting expectations that economic growth accelerated
Tag: Retail
CryptoCorner Nearly 90% of the world’s central banks are developing digital currencies, apparently pressured by the rise of Bitcoin and other cryptocurrencies. Central banks, including the U.S. Federal Reserve, apparently seek to build on cryptocurrency’s innovative technology, including blockchain, an unbreakable record of transactions. Chetan Ahya, Chief Economist and Global Head of Economics at Morgan