U.S. retail sales unexpectedly rise in August; weekly jobless claims climb
WASHINGTON - U.S. retail sales unexpectedly increased in August, likely boosted by back-to-school shopping and child tax credit payments from the government, which could temper expectations for a sharp slowdown in economic growth in the third quarter. Retail sales rose 0.7% last month, the Commerce Department said on Thursday. Data for July was revised down to show retail sales
LONDON -- British retail sales volumes unexpectedly fell last month in what is now their longest streak of declines since current records began, though sales volumes still remain above pre-pandemic levels, official data showed on Friday. Read More
