UK retail sales dropped unexpectedly in November as the Black Friday effect was slightly weaker than usual, data from the Office for National Statistics showed Friday. Retail sales dropped marginally by 0.1 percent in November from a month ago. The decline confounded expectations for an increase of 0.3 percent but this was slower than October's 0.9 percent decrease.
European stocks were little changed on Friday, a day after the European Central Bank and Bank of England issued hawkish signals on the outlook for their rate paths. After November's U.S. inflation report showed an unexpected decline in price growth, the core PCE price index, widely regarded as the...
German consumer confidence is set to drop at the start of the year 2026 as rising inflation fears weigh on income expectations and purchase decisions, monthly survey data published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions showed Friday. The forward-looking consumer confidence index fell to -26.9 in January from revised -23.4 in December.
Retail sales and public sector finance from the UK and consumer sentiment from Germany will be in the spotlight on Friday. At 2.00 am ET, the Office for National Statistics releases UK retail sales and public sector finance data. Sales are forecast to grow 0.3 percent on a monthly basis in November, in contrast to the 1.1 percent drop in October.
With a view to avoiding a U.S. government ban for TikTok, its Chinese owner ByteDance Ltd. signed binding agreements, backed by President Donald Trump, with three managing investors to form a joint venture to operate the U.S. operations of the video-sharing app, media reported citing a memo. With the deal, the social video platform, which is used regularly by more than 170 million Americans...
European stocks may drift lower at open on Friday as investors navigate geopolitical tensions and react to the Bank of Japan's decision to raise interest rates to the highest in 30 years. The Trump administration announced a significant arms sales package to Taiwan worth over U.S. $10 billion, drawing...
Several small-cap biotech and healthcare names posted notable gains in Thursday's after-hours trading session, with investors reacting to recent corporate updates and clinical milestones. Inspira Technologies Oxy B.H.N. Ltd. (IINN) rose 5.88% to $1.08 as of 7:56 PM EST. While there was no fresh news...
Menards, the home improvement retailer, is set to pay $750,000 to Wisconsin as part of a consumer protection settlement involving multiple states, as announced by Attorney General Josh Kaul on Wednesday.
Facebook is rolling out a new limit on how many links some users can share in their posts unless they sign up for a paid plan.
After coming under considerable selling pressure over the course of the previous session, stocks showed a strong move back to the upside during trading on Thursday. The tech-heavy Nasdaq led the rebound by the major averages.
The US Centers for Disease Control and Prevention has ended its long-standing policy of giving all newborns a hepatitis B vaccine at birth. Instead, it will now recommend that parents and doctors decide on a case-by-case basis. However, health experts warn that this change could lead to more infections. The...
The European Central Bank left its key interest rate unchanged for the fourth policy session in a row and raised the growth forecasts for the euro area citing support from domestic demand, but the bank also lifted the inflation projection for next year as policymakers expect services inflation to ease more slowly than expected earlier.
A new long-term study suggests that people who eat at least 50 grams of high-fat cheese a day may have a lower risk of developing dementia. High-fat cheeses include varieties like brie, gouda, cheddar, parmesan, gruyere, and mozzarella. "For decades, the debate over high-fat versus low-fat diets has...
Stocks have moved sharply higher during trading on Thursday, largely offsetting the weakness seen in the previous session. The major averages have all shown strong moves to the upside, with the tech-heavy Nasdaq leading the charge. Currently, the major averages are just off their highs of the session.
A report released by the Federal Reserve Bank of Philadelphia on Thursday unexpectedly showed a notable decrease by its reading on regional manufacturing activity in the month of December. The Philly Fed said its diffusion index for current general activity slumped to a negative 10.2 in December from a negative 1.7 in November, with a negative reading indicating contraction.
December 12, 2025 15:14 ET Central bank decisions dominated the economic news flow this week led by the Federal Reserve. Trade data from the U.S. also gained attention. The Canadian and Swiss central banks also announced their interest rate decisions. Inflation data from China was in focus as the country released the latest consumer price and producer price data.