Australian retail sales slumped in October as shoppers lumbered with higher borrowing costs stayed at home or took advantage of a surging currency to buy online, adding to concerns over economic growth. View full post on WSJ.com: Economy
Luxury goods have enjoyed a heady recovery in Europe from 2009, with sales boosted by spending from Chinese tourists. But retailers caution that if the euro climbs sharply, some of that retail strength could diminish. View full post on WSJ.com: Economy
Luxury goods have enjoyed a heady recovery in Europe from 2009, with sales boosted by spending from Chinese tourists. But retailers caution that if the euro climbs sharply, some of that retail strength could diminish. View full post on WSJ.com: Economy
Spain and Italy are leading an effort to spur more decisive action from the ECB in order to prevent the crisis from spreading further. View full post on WSJ.com: Economy
Private-sector payrolls expanded by 93,000 in November, according to payroll giant ADP. Separately, factory expansion slowed a bit, ISM said. View full post on WSJ.com: Economy
The Federal Reserve disclosed the extent to which it supported foreign banks and U.S.-based investment banks Goldman Sachs and Morgan Stanley in the worst days of 2008, and the breadth of its lending to other firms. View full post on WSJ.com: Economy
The Federal Reserve disclosed the extent to which it supported investment banks Goldman Sachs and Morgan Stanley in the worst days of 2008, and the breadth of its lending to other firms. View full post on WSJ.com: Economy
Foreign banks were among the biggest borrowers at a facility set up by the Federal Reserve in the depths of the financial crisis, Fed data show. View full post on WSJ.com: Economy
Fed data released today shows Goldman, General Electric and the European Central Bank were among the big names that came to the Federal Reserve for help during the financial crisis. View full post on WSJ.com: Economy
Top Federal Reserve officials are pressing lawmakers to pair a long-term plan for deficit reduction with new short-term fiscal stimulus to boost the economy. View full post on WSJ.com: Economy