Retail Sales Rose 0.2% in February but Miss Expectations
Sales rose modestly last month, offering reassurances that while consumer spending has slowed this year, it hasn't buckled.
U.S. Tariffs to Slow Global Economy, Boost Inflation, OECD Says
Higher U.S. tariffs on imports are set to slow economic growth and push inflation higher around the world, with further increases threatening an even more severe downturn.
Trade War With Europe Puts $9.5 Trillion at Risk, U.S. Firms Say
Tariffs risk damaging far more than sales of whiskey and Champagne, the American Chamber of Commerce to the European Union says.
Trump Set to Talk With Putin Tuesday on Ending Ukraine War
The U.S. president said land and power plants will be among the areas he will discuss with the Russian leader.
China Says It Started Year on Strong Economic Footing as Trump Tariffs Hit
Retail sales accelerated and industrial production topped expectations over the first two months of the year.
U.S. Stocks Trade Modestly Higher
Stocks were modestly higher after retail-sales data came in weaker than expected. Over the weekend, Treasury Secretary Scott Bessent said "corrections are healthy," making some investors nervous.
Stocks Haven't Traded at These Levels Since September
Market gains that started last fall, when polls showed President Trump taking a narrow lead in the election, have been erased.
Investors Were Confident Heading Into 2025. That Was a Bad Sign.
Confidence is framed as a good thing when it comes to the economy, but it's a signal of impending stock market weakness when unusually high.
Japan Isn't Manipulating Currency Rates, Prime Minister Ishiba Says
Japanese Prime Minister Shigeru Ishiba reiterated that Japan isn't intentionally pushing down the yen's value to lower the price of its products sold overseas.
BOJ Likely to Stand Pat This Week
The Bank of Japan is widely expected to keep its policy rate unchanged at 0.5% at the end of a two-day meeting on Wednesday, as the central bank takes time to assess the impact of its last rate hike.
(END) Dow Jones Newswires
March 17, 2025 11:00 ET (15:00 GMT)
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