Economy

Markets Right Now: Banks, retailers lead stock gains

Jan 12, 2018

Rising retailers pushed stocks further into record territory on Wall Street. The S&P 500 closed out its seventh week of gains in the last eight.

Core inflation jumped a sharp 0.3 percent in December

Jan 12, 2018

Core inflation posted 0.3 percent increase in December, the biggest rise in 11 months

Retail trade group: Holiday sales up 5.5 percent

Jan 12, 2018

Retail trade group: Holiday sales up 5.5 percent, the strong gain since Great Recession

Big UK government contractor sees shares plunge on debt woes

Jan 12, 2018

Carillion shares fell more than 25 percent Friday as the construction and business services company that is one of the British government's biggest contractors struggled under 1.5 billion pounds ($2.1 billion) of debt

Euro surges amid German government hopes; stocks solid

Jan 12, 2018

The euro surged to three-year highs against the dollar Friday amid signs that the European Central Bank is readying to rein in its stimulus sooner than many in the financial markets had been predicting

US retail sales rose 0.4 percent in December, closing out strong holiday shopping season

Jan 12, 2018

US retail sales rose 0.4 percent in December, closing out strong holiday shopping season

China's trade with North Korea plunges as sanctions tighten

Jan 12, 2018

China's trade with North Korea is plunging as U.N. sanctions imposed over its nuclear and missile development tightened

China's trade growth cools in December

Jan 12, 2018

China's trade growth cooled in December in a sign of weaker global and domestic demand, but last year's total exports rose 7.9 percent over 2016 while imports were up 15.9 percent

Walmart boosts starting pay, closing dozens of Sam's Clubs

Jan 12, 2018

Walmart to boost starting salary for US workers, but also closing dozens of Sam's Clubs nationwide

Treasury secretary defends Trump's trip to Davos

Jan 11, 2018

Treasury Secretary Steven Mnuchin is defending President Donald Trump's decision to attend this year's World Economic Forum meeting in Davos, Switzerland

Weather, 20 December
Houston Weather
+7

High: +11° Low: -2°

Humidity: 83%

Wind: NNE - 7 KPH

Canberra Weather
+27

High: +27° Low: +17°

Humidity: 87%

Wind: W - 20 KPH

Roissy-en-France Weather
+6

High: +6° Low: -5°

Humidity: 87%

Wind: ENE - 7 KPH

Florence Weather
+9

High: +9° Low: +6°

Humidity: 97%

Wind: ENE - 17 KPH

Parga Weather
+7

High: +16° Low: +4°

Humidity: 100%

Wind: SE - 25 KPH