WASHINGTON, Dec 12- U.S. retail sales rose solidly in November, adding to signs of a strengthening economy that could draw the Federal Reserve closer to reducing the pace of monetary stimulus. The Commerce Department said retail sales increased 0.7 percent last month as Americans bought automobiles and a range of other goods.» Read More
WASHINGTON, Dec 12- U.S. retail sales rose solidly in November as Americans bought automobiles and a range of other goods, adding to signs of a strengthening economy that could draw the Federal Reserve closer to reducing the pace of monetary stimulus.
GENEVA, Dec 12- Airlines lobby group IATA has raised its forecast for airline profits this year by 10 percent and predicted passenger numbers topping 3 billion for the first time, reflecting lower jet fuel costs, improved efficiency and global economic growth.
*Hopes for U.S. economic recovery, softer yen seen lifting index. *Market expects rising corporate profits. TOKYO, Dec 12- A weaker yen is forecast to help boost corporate earnings and drive Japan's Nikkei to double-digit gains next year, a Reuters poll found on Thursday.
*To cost Indonesia $1.6 bln in lost revenue, or 0.6 pct of GDP growth next year. JAKARTA, Dec 12- Freeport McMoRan Copper& Gold warned that Indonesia's plan to ban mineral exports from next month would cut the firm's revenues in the country by 65 percent, costing Southeast Asia's biggest economy $1.6 billion in lost revenue next year.
SEOUL, Dec 12- South Korea's central bank held interest rates steady for a seventh consecutive month on Thursday, as expected, and many analysts forecast it will stand pat until late next year amid low inflation and modest recovery. The Bank of Korea's monetary policy committee held its base rate steady at 2.50 percent, a media official said without elaborating.
*LabCorp tumbles after outlook, Quest Diagnostics follows. NEW YORK, Dec 11- U.S. stocks posted their largest drop in a month on Wednesday as traders locked in recent gains after a provisional budget deal out of Washington removed one of the near-term reasons for the Fed to keep up its current pace of economic stimulus.
All-star stock pickers Matthew McCormick of Bahl & Gaynor Investment Counsel, and Michael Vogelzang of Boston Advisors president & CIO, share their top stock picks for budgets of $20, $50 and $100.
Looking ahead to the housing market in 2014, with Jed Kolko, Trulia chief economist, and Bob Wetenhall, RBC Capital Markets homebuilding analyst. Wetenhall is buying the suppliers.
SANTIAGO, Dec 11- Growth in the economies of Latin America and the Caribbean is expected to gather pace next year, as a more favorable global outlook boosts demand for its exports, the United Nations economic body for Latin America said.
*CPI data due on Thursday, Dec. 12 at 1200 GMT. BANGALORE, Dec 11- Indian inflation is forecast to remain close to 9- month highs in November, a Reuters poll showed, putting further pressure on the central bank to follow up on its back-to-back interest rate hikes despite slowing economic growth.
Where the markets are headed, with Kevin O'Leary of O'Leary Funds, and CNBC contributor Carol Roth.
Are we out of the crisis? Dan Greenhaus, BTIG; Adam Grimes, Waverly Advisors CIO; and CNBC's Steve Liesman and Herb Greenberg discuss.
Discussing whether the economic crisis is really over, GM's incoming CEO and a new study on customer rage, with Marcus Lemonis, host of CNBC's "The Profit."
Discussing long-term challenges to the economy and the budget, with Former U.S. Treasury auto advisor and Chairman of Willett Advisors Steven Rattner.
Carlyle Group co-founder and co-CEO William Conway discusses how the taper could hurt the emerging markets, and where his company is planning on investing in 2014.
Carlyle Group co-founder and co-CEO William Conway explains why QE is less effective now than it was initially.
LONDON, Dec 10- European shares edged lower in early trading on Tuesday, with technical charts pointing to consolidation on main indexes and with investors, faced with an uncertain policy and economic outlook, locking in profits into the year-end.
NEW YORK, Dec 9- Stock markets worldwide rose on Monday and the euro climbed to a six-week high against the dollar after encouraging trade and inflation data from China, but uncertainty about the outlook for U.S. monetary policy limited moves.
NEW YORK, Dec 9- U.S. stocks advanced modestly on Monday after positive Chinese trade and inflation data, while remarks by top Federal Reserve officials about the outlook for slowing the Fed's stimulus had little impact on the market.
CNBC's Michelle Caruso-Cabrera reports on anti-government rallies around the world, including the Ukraine.