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Top News & Analysis Charlotte

  • *Retail sales rise 0.1 percent in November. WASHINGTON, Dec 14- U.S. retail sales barely rose in November and industrial production recorded its biggest drop in eight months, suggesting some loss of momentum in economic growth in the fourth quarter. "Consumer spending remains the main engine of growth for the economy," said Harm Bandholz, chief U.S. economist at...

  • NEW YORK- Federal Reserve chair Janet Yellen holds a news conference- 1930 GMT. **HELSINKI- Bank of Finland Governor and European Central Bank council member Erkki Liikanen will speak at a news conference focused on the outlook of Finnish economy and the state of the country's public finances- 0900 GMT. FRANKFURT- European Central Bank governing council meeting.

  • FRANKFURT- European Central Bank governing council meeting. NEW YORK- Federal Reserve chair Janet Yellen holds a news conference- 1930 GMT. WASHINGTON- Federal Reserve Board holds open meeting to discuss a final rule establishing long-term debt and total loss-absorbing capacity requirements for global systemically important banking organizations- 1600...

  • Speaker includes- European Commission President Jean-Claude Juncker, European Parliament President Martin Schulz, Netherlands Finance Minister and Eurogroup President Jeroen Dijsselbloem and other officials- 0800 GMT. PARIS- French Finance Minister Michel Sapin and Italian Economy Minister Pier Carlo Padoan will speak about growth in Europe and the...

  • WELLINGTON- Reserve Bank of New Zealand Governor Graeme Wheeler delivers speech on "Some thoughts on New Zealand's Economic Expansion" at the South Island town of Greymouth. QUEBEC, Canada- Bank of Canada Governor Stephen Poloz, Canada Minister of Finance Bill Morneau and Minister of Status of Women Patty Hajdu to attend an event in Gatineau- 1400 GMT.

  • WELLINGTON- Reserve Bank of New Zealand Governor Graeme Wheeler delivers speech on "Some thoughts on New Zealand's Economic Expansion" at the South Island town of Greymouth. QUEBEC, Canada- Bank of Canada Governor Stephen Poloz, Canada Minister of Finance Bill Morneau and Minister of Status of Women Patty Hajdu to attend an event in Gatineau- 1400 GMT.

  • The Commerce Department said on Tuesday the trade gap rose 17.8 percent, the largest increase since March 2015, to $42.6 billion. "This widening of the trade deficit at the start of the fourth quarter puts trade on track to subtract a little more than one percentage point from fourth-quarter GDP growth," said John Ryding, chief economist at RDQ Economics in New York.

  • NEW YORK, Nov 29- It may be more than a decade before banks see substantial benefits from investments they are now making in new payments technologies, Bank of America Corp Chief Executive Brian Moynihan said on Tuesday. The industry has been investing heavily in digital methods of exchanging money, including a U.S. payments network called Zelle.

  • *Manufacturing output increases 0.2 percent in October. WASHINGTON, Nov 16- U.S. manufacturing output increased for a second straight month in October amid gains in the production of motor vehicles and a range of other goods, suggesting that the battered factory sector was slowly recovering. "With the global economic backdrop more stable and growth set to pick...

  • WASHINGTON, Nov 15- U.S. retail sales rose more than expected in October as households bought motor vehicles and a range of other goods, pointing to sustained economic strength that could allow the Federal Reserve to raise interest rates next month. The Commerce Department said on Tuesday retail sales increased 0.8 percent last month, also boosted by demand for...

  • WASHINGTON, Nov 15- U.S. retail sales rose more than expected in October as households bought motor vehicles and a range of other goods, pointing to sustained economic strength that could allow the Federal Reserve to raise interest rates next month. The Commerce Department said on Tuesday retail sales increased 0.8 percent last month, also boosted by demand for...

  • CHARLOTTE, North Carolina, Nov 10- Donald Trump's promise to revive small town America faces a tough challenge in an economy that for decades has been wired to direct income and opportunities towards urban hubs and the better educated. During President Barack Obama's eight years in office incomes for the best off continued to diverge, despite nearly 10 million...

  • CHARLOTTE, North Carolina, Nov 10- Donald Trump's promise to revive small town America faces a tough challenge in an economy that for decades has been wired to direct income and opportunities towards urban hubs and the better educated. During President Barack Obama's eight years in office incomes for the best off continued to diverge, despite nearly 10 million...

  • CHARLOTTE, North Carolina, Nov 10- Donald Trump's promise to revive small town America faces a tough challenge in an economy that for decades has been wired to direct income and opportunities towards urban hubs and the better educated. During President Barack Obama's eight years in office incomes for the best off continued to diverge, despite nearly 10 million...

  • Nov 7- Wall Street surged on the eve of the U.S. presidential election, with Democratic nominee Hillary Clinton's prospects brightening after the FBI said it would not press criminal charges against her over the use of a private email server. The exchange-traded fund is viewed as a barometer for expectations that Republican Donald Trump could win the election...

  • * "Trump ETF" set for best day since 2011. Nov 7- Shares on Wall Street rallied on the eve of the U.S. presidential election, as Democrat nominee Hillary Clinton's prospects brightened after the FBI said it would not press criminal charges against her over the use of a private email server. The FBI said on Sunday it stood by its July finding that Clinton was not guilty of...

  • *Average hourly earnings increase 10 cents. WASHINGTON, Nov 4- U.S. employers maintained a strong pace of hiring in October and boosted wages for workers, which could effectively seal the case for a December interest rate increase from the Federal Reserve. "All in all, the data fits perfectly with a Fed hike in December," said Alan Ruskin, global co-head of FX research...

  • *Average hourly earnings increase 10 cents. WASHINGTON, Nov 4- U.S. employers maintained a strong pace of hiring in October and boosted wages for workers, which could effectively seal the case for a December interest rate increase from the Federal Reserve. Nonfarm payrolls increased by 161,000 jobs last month, the Labor Department said on Friday.

  • The regulated utilities unit serves Florida, Ohio, Kentucky, Tennessee, Indiana and North and South Carolina in the Southeastern and Midwest regions of the United States. The company, which has been cutting its exposure to volatile power prices in wholesale markets, agreed in October to sell its businesses in Brazil, Peru, Chile, Ecuador, Guatemala, El Salvador and...

  • WASHINGTON, Nov 4- U.S. employers likely stepped up hiring in October and boosted wages for workers, which could effectively seal the case for a December interest rate increase from the Federal Reserve. "The expected payroll gains should easily meet the Fed's criteria of some further progress in the labor market, which leaves us with a rate hike in December," said...