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Retail sales slumped in December as Americans braced for slower economy

Retail sales slumped in December as Americans braced for slower economy
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United statesKayla brunnIan shepherdsonCensus bureauMorning consultPantheon economics

Dow Jones, S&P 500, Nasdaq stumble into negative territory with earnings season in full swing

4.08pm: US markets slide on recession fears US markets ended the day sharply lower as weak industrial production and retail sales figures heightened fears.

Patrick munnellyKieran clancyChris beauchampIan shepherdsonCommerce departmentMicrosoft corporationFinancial servicesTickmill groupNasdaq compositeWall street journalDow jones industrial averagePantheon economicsCharles schwab

FTSE 100 dips despite inflation easing, but Wall Street higher after weak data signals more dovish Fed

FTSE 100 closes lower Ocado recovers some lost ground Just Eat jumps 4.42pm: FTSE closes in the red FTSE 100 closed lower as Wall Street stocks slipped too.

United statesUnited kingdomCity ofMichael hewsonHargreaves lansdownDaniel casaliNick bubbPatrick munnellyKieran clancyPaula bejarano carboDanni hewsonMichael mcdonoughKwasi kwartengIan shepherdsonNational institute for economicConstruction products association

Dow Jones, S&P 500, Nasdaq slide as weak economic data suggests recession is on its way

4.08pm: US markets slide on recession fears US markets ended the day sharply lower as weak industrial production and retail sales figures heightened fears.

Patrick munnellyKieran clancyIan shepherdsonChris beauchampMicrosoft corporationFinancial servicesTickmill groupDeutsche bankCommerce departmentDow jones industrial averageNasdaq compositeWall street journalPantheon economicsCharles schwab

Inflation Is Slowing, Good News for American Consumers and the Fed

Consumer Price Index inflation moderated to 6.5 percent in December, helping Fed officials to lean toward slower rate moves.

New yorkUnited statesWhite houseDistrict of columbiaHiroko masuikeSusan collinsJeromeh powellPatrick harkerOmair sharifBlerina uruciIan shepherdsonNew york timesFederal reserve bankFederal reserveConsumer price indexConsumer price