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
CNBC's Eamon Javers provide insight into the process used to calculate the unemployment rate. He says officials will not reveal how much fraud is found in the numbers.
CNBC's Steve Liesman and Eamon Javers provide insight into how the Fed will examine Friday's jobs data.
How the market is preparing for a potential taper, with David Sadkin, Bel Air Investment Advisors, and CNBC contributor Joe LaVorgna.
Unique insight into Friday's jobs data, with Bill Greenblatt, Sterling Infosystems founder and CEO.
By Sakari Suoninen and Paul Carrel. FRANKFURT, Dec 5- Euro zone inflation will stay well below target for the next two years and the European Central Bank is ready to act if necessary to lift a listless economy, it said on Thursday. Markets expect further action in 2014, something ECB President Mario Draghi did nothing to deflect.
FRANKFURT, Dec 5- The European Central Bank expects inflation to hold broadly steady well below its roughly two percent target over the next two years, dipping to 1.1 percent in 2014 before inching up to 1.3 percent in 2015, it said on Thursday.
WASHINGTON-- The Commerce Department issues its second of three estimates on how fast the U.S. economy grew in the July-September quarter. The report will be released at 8:30 a.m. Eastern Thursday. SLIGHTLY FASTER: Analysts forecast that third-quarter growth will be revised to a 3.1 percent annual rate, according to a survey by FactSet.
FRANKFURT, Dec 5- New projections from the European Central Bank on Thursday will probably point to euro zone inflation remaining below target into 2015, raising pressure on the bank to take fresh action to stimulate the economy next year.
*Interest rates seen on hold after surprise November cut. FRANKFURT, Dec 5- New economic projections from the European Central Bank on Thursday are likely to point to euro zone inflation remaining below target into 2015, raising pressure on the bank to take fresh policy action next year.
NEW YORK, Dec 4- Moody's Investors Service on Wednesday revised its outlook on Spain's government bond rating to stable from negative, citing a rebalancing of the country's economy. Moody's also affirmed Spain's Baa3 government bond rating. For the medium term, the outlook for Spain's economy is brighter, Moody's said.
A new survey shows CEOs are feeling more optimistic about the economy. Business Roundtable president John Engler says growth needs to be greater than current outlooks.
CNBC's John Harwood reports on the details of a potential budget deal in Washington.
When the Fed may decide to taper, and how to position yourself for the rest of the year, with Scott Wren, Wells Fargo, and Robert Pavlik, Banyan Partners.
Looking ahead to 2014, with Richard Madigan, JPMorgan Private Bank CIO. He says 2014 may see a "rocket start" if the government doesn't get in the way.
NEW YORK/ LONDON, Dec 4- Service sector activity expanded around the world in November, albeit at a slower rate, while strong U.S. data housing and jobs figures brightened the outlook for growth, data showed on Wednesday. The upbeat housing data turned the stock market around later in the session, and Wall Street shaved its initial losses.
*Bank of Canada holds key rate at 1.0 percent. *Says risks of low inflation appear to have increased. OTTAWA, Dec 4- The Bank of Canada held its key interest rate steady on Wednesday but sounded a touch more dovish in its outlook, saying the risks of undesirably weak inflation appeared greater than they did six weeks ago.
*Next support below $1,200- analyst. SINGAPORE, Dec 4- Gold hit a fresh 5- month low on Wednesday as investors awaited more U.S. economic data due later this week to gauge the outlook for Federal Reserve bond purchases that have boosted bullion's appeal as a hedge against inflation.
Steve Milunovich, UBS technology strategist, upgraded Apple to "buy," and raised his price target on the stock. He explains his upgrade, and why concern about the cloud may keep cloud computing vendors under pressure.
Has the market factored in a near-term taper? Art Cashin of UBS, shares his economic forecast.
David Jaffe, Ascena Retail Group president & CEO, thinks his company is "well positioned," and discusses the difficult retail environment in 2013.