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Friday, May 18th

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  • U.S. Retail Sales Growth Slows To 0.2% In November

    US Economic News
    Growth in U.S. retail sales unexpectedly slowed in November, according to figures released Tuesday by the Commerce Department. ...
  • Employers' Q1 Hiring Intentions Weaken On Global Uncertainty: Manpower

    US Economic News
    Job seekers may see slower growth in hiring in the first quarter of 2012 than in the fourth quarter of 2011, with employers remaining cautious over their recruitment plans given the challenging and uncertain global economic conditions, the latest Manpower...
  • OECD Leading Index Signals Slowdown In Economic Activity

    US Economic News
    Composite leading indicators (CLIs) designed to indicate turning points in economic activity relative to trend, point to a slowdown in economic activity in all major economies, the Organization for Economic Cooperation and Development said Monday. ...
  • Central Banks Alone Can Address Global Liquidity Crunch: BIS

    US Economic News
    The Bank for International Settlements said in its Quarterly Report that only central banks can address global liquidity shocks and assessed that the impact of additional asset purchases by the U.S. Federal Reserve and the Bank of England will wane in the...
  • U.S. Trade Deficit Narrows As Imports Fall By More Than Exports

    US Economic News
    U.S. imports and exports both fell in October, with a steeper drop in imports resulting in a decrease in the size of the U.S. trade deficit. ...
  • Canadian Turns To Trade Deficit As Exports Slump In October

    US Economic News
    Canadian exports tailed off while imports rose in October, resulting in a national trade deficit for the month, official data showed Friday. ...
  • U.S. Trade Deficit Narrows To $43.5 Billion In October

    US Economic News
    U.S. imports and exports both fell in October, with a steeper drop in imports resulting in a decrease in the size of the U.S. trade deficit. ...
  • U.S. Trade Deficit Probably Widened as Imports Climbed on Stronger Demand

    US Economic News
    The trade deficit probably widened in October as a strengthening U.S. economy helped drive up the nation’s import bill while exports cooled from a record high. ...
  • IMF's Zhu Seeks Big & Bold Political Decisions To Reduce Sovereign Risk

    US Economic News
    Markets are increasingly concerned over the continuing adverse feedback loop between sovereign risk and financial sector weaknesses, International Monetary Fund Deputy Managing Director Min Zhu said on Friday. ...
  • U.S. Unemployment Rate Drops To 8.6% In November

    US Economic News
    The U.S. unemployment rate unexpectedly tumbled in the month of November even as the economy added fewer jobs than expected. ...
  • Canadian Unemployment Rises, Payrolls Down For Second Month

    US Economic News
    Canadian employers continued to trim payrolls in November, driving the nation's unemployment rate up 0.1% to 7.4%, official data showed Friday. ...
  • IMF Likely To Revise Down Global Growth Forecasts

    US Economic News
    The International Monetary Fund said that it is likely to revise downward the global economic growth forecasts in the Fund's flagship World Economic Outlook, to be released in January next year. ...
  • Majority of Economists Still See Deflation Gloom

    US Economic News
    After concern last summer of an imminent double-dip recession in the U.S., the data got a bit brighter in the fall. ...
  • Rising Exports Help Trim Canadian Current Account Deficit

    US Economic News
    Canada's current account deficit narrowed sharply in the third quarter as exports picked up, official data showed Tuesday. ...
  • EU-US Summit Reinforces Commitment To Act Together To Stimulate Economic Growth

    US Economic News
    The leaders of the European Union and the United States on Monday reaffirmed their commitment to work together to reinvigorate economic growth, create jobs, and ensure financial stability. ...
  • OECD Cuts Growth Outlook, Urges Decisive Policies To Support Global Economy

    US Economic News
    The Organization for Economic Cooperation and Development on Monday lowered its growth outlook and called for decisive policies to stop the euro area sovereign debt crisis from spreading and to put weakening global activity back on track. ...
  • OECD Trims Growth Forecasts; Calls For Urgent Actions To Boost Growth

    US Economic News
    The Organization for Economic Cooperation and Development trimmed its growth outlook and called for urgent measures to prevent the debt crisis in the euro area from spreading and to bring subdued global activity back on track. ...
  • Secret Fed Loans Gave U.S. Banks Undisclosed $13B

    US Economic News
    The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. ...
  • Europe Futures Gain, Euro Rebound Before German Confidence Data

    US Economic News
    European equity futures climbed, signaling the Stoxx Europe 600 Index may snap a five-day drop, and the euro rebounded against the dollar before data on German business confidence. Asian stocks and South Korea’s won slid. ...
  • U.S. Weekly Jobless Claims Edge Up To 393,000

    US Economic News
    While the Labor Department released a report Wednesday morning showing a modest increase in first-time claims for U.S. unemployment benefits in the week ended November 19th, claims remained below the key 400,000 level. ...