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U.S. retail sales surge as Americans kick off holiday shopping, brighten economic outlook

11/16/2021 Business

WASHINGTON (Reuters) – U.S. retail sales surged in October as Americans eagerly started their holiday shopping early to avoid empty shelves amid shortages of some goods because of the ongoing pandemic, giving the economy a

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U.S. retail sales beat expectations in October

11/16/2021 Business

WASHINGTON (Reuters) – U.S. retail sales increased more than expected in October, likely as Americans started their holiday shopping early to avoid empty shelves amid shortages of some goods because of the ongoing pandemic, giving

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Wall Street set to inch higher on retail optimism

11/16/2021 Business

(Reuters) -Wall Street indexes were set to open slightly higher on Tuesday as a strong holiday forecast from Walmart and a better-than-expected retail sales data boosted confidence in an economic recovery.FILE PHOTO: People walk by

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U.S. retail sales beat expectations in October

11/16/2021 Business

WASHINGTON (Reuters) – U.S. retail sales increased more than expected in October, likely as Americans started their holiday shopping early to avoid empty shelves amid shortages of some goods because of the ongoing pandemic, giving

Read more

Goldman Sachs forecasts modest rise for S&P 500 index in 2022

11/16/2021 Business

FILE PHOTO: A trader looks at a screen that charts the S&P 500 on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 27, 2017. REUTERS/Brendan McDermid(Reuters) – Goldman Sachs

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Renaissance, other big hedge funds increase stakes in Tesla in third quarter

11/16/2021 Business

FILE PHOTO: A Tesla model 3 car is seen in their showroom in Singapore October 22, 2021. REUTERS/Edgar SuNEW YORK (Reuters) – Renaissance Technologies, Aristides Capital and Adage Capital Partners were among large U.S. hedge

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Wall Street ends little changed as rising yields weigh on tech

11/15/2021 Business

NEW YORK (Reuters) – Wall Street indexes closed out Monday’s session near the unchanged mark as rising Treasury yields dented the appetite for technology stocks, while Boeing shares advanced on signs of demand for its

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Dollar dominates as inflation heats up

11/15/2021 Business

NEW YORK (Reuters) – Surging inflation and expectations of a potentially more hawkish Federal Reserve are accelerating a rally in the U.S. dollar, buoying the currency to a near 16-month high against its peers and

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Wall Street set to rise on tech strength; Tesla extends losses

11/15/2021 Business

(Reuters) -U.S. stock indexes were set to rise on Monday as economically resilient sectors benefited from inflation jitters, while investors awaited a slew of retail earnings and economic data this week to gauge the health

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Labor force participation "quite depressed" versus pre-pandemic levels, Yellen says

11/13/2021 Business

FILE PHOTO: U.S. Treasury Secretary Janet Yellen attends the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 3, 2021. REUTERS/Phil Noble(Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday that labor force

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