U.S. Retail Sales Rise Less Than Expected
U.S. retail sales rose 0.6% in February compared with a month earlier, the Commerce Department said. That was less than the 0.8% increase economists had forecast.
U.S. Producer Prices Rise More Than Expected
Producer prices rose 0.6% in February from the prior month, double the 0.3% gain economists were expecting..
Stocks Turn Lower After Mixed Economic Signals
U.S. stocks turned lower, shedding opening gains, as investors digested stronger -than-expected producer-prices data and weaker-than-expected retail sales.
Jobless claims dip to 209,000 and still show no sign of rising layoffs
The number of Americans who applied for unemployment benefits last week slipped to 209,000 and continued to signal a strong labor market and low level of layoffs.
IEA Slightly Raises Oil-Demand Growth View But Cuts Supply Forecast
The International Energy Agency lifted its forecast for oil-demand growth this year on an improved outlook in the U.S. and increased bunkering, while it cut estimates for global supply on lower output expectations from OPEC+.
Biden Jump-Starts Electric-Vehicle Push With Massive Lithium Loan
Lithium Americas is on track to get a $2.26 billion loan for its Thacker Pass mine.
Why That Hot Biotech IPO Could Be a Winner
Biotechnology IPOs tend to do well over the long term just as financing markets begin to thaw, an analysis shows.
How a $14.1 Billion Takeover of U.S. Steel by a Japanese Rival Put Biden on Edge
Nippon Steel's bid for U.S. Steel fits President Biden's agenda, but rival Cleveland-Cliffs and union have stirred up opposition.
Gold Trades at Record Highs, But Will It Lose Its Shine?
Some analysts forecast gold will climb even higher over the course of the year, but others argue prices are likely to drop in the short-term.
Japan Finally Gets a Raise
Robust wage gains have been the missing piece of the puzzle keeping Japan's rates low-now they are finally here.
(END) Dow Jones Newswires
03-14-24 1315ET
