U.S. retail sales accelerate in strong boost to economy

WASHINGTON (Reuters) – U.S. retail sales surged 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 the economy a lift at the start of

U.S. retail sales beat expectations in October

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 the economy a lift at

UK economy withstands end of jobs support, easing BoE worries

LONDON (Reuters) – Britain’s job market withstood the end of the government’s furlough scheme last month, according to data which could ease lingering concerns at the Bank of England about the risks of raising interest rates from their pandemic low.FILE

Germany to see inflation ease at start of 2022 -economy ministry

FILE PHOTO: People shop groceries at an Aldi supermarket, as the spread of the coronavirus disease (COVID-19) continues, in Berlin, Germany, March 24, 2020. REUTERS/Michele Tantussi/File PhotoBERLIN (Reuters) – Germany’s inflation rate will drop noticeably at the start of next

Beijing may tighten management of home purchase funds

FILE PHOTO: FILE PHOTO: A man rides a bicycle next to a construction site near residential buildings in Beijing, China, January 13, 2021. Picture taken January 13, 2021. REUTERS/Tingshu Wang/File Photo/File PhotoBEIJING (Reuters) – Beijing may tighten the management of