U.S. Retail Spending Picked Up Strongly in September
U.S. retail sales increased 1.9% in September as consumers spent strongly on vehicles, clothing and sporting goods.
U.S. Stock Futures Edge Up to End Choppy Week on Wall Street
Investors are awaiting data on U.S. industrial production and consumer sentiment, as well as earnings from State Street and Bank of New York Mellon.
Lack of Coronavirus Stimulus Deal Puts Pressure on Incumbents
The impasse between Congress and President Trump over another trillion-dollar-plus coronavirus relief package hasn't been good news for incumbents trying to show voters they can deliver for them in Washington.
Social-Media Investors Could Be Calling The Ad Game All Wrong
Social-media revenue could shine in the third quarter, but sustained recovery looks speculative at best.
Pandemic Aid Swelled Savings of the Unemployed, Study Shows. Now They Are Running Low.
The findings point to a vulnerability for the economy in the months ahead: With smaller savings and no additional economic relief, nearly 11 million jobless workers may tighten spending even further.
U.S. New Coronavirus Cases Top 60,000 for First Time in Months
More than half a dozen states reported record numbers of new Covid-19 infections as the nation's total approached eight million.
Individual-Investing Boom Fuels Trading in Low-Price Stocks
Trading in speculative stocks with low share prices has surged this year, fueled by a huge influx of individuals using zero-commission investing apps and online brokerages
Global Auto Markets Begin to Emerge From Pandemic Slowdown
New-car sales in Europe rose last month for the first time this year, a sign that the global auto industry is slowly beginning to pull out of its worst slump in decades.
China's Economic Squeeze on Australia Extends to Cotton
China's top economic-planning body is targeting Australian cotton, Australian industry groups say, the latest escalation in the countries' diplomatic and trade row.
White House Agrees to Democrats' National Coronavirus-Testing Strategy
During a nearly 90-minute conversation with House Speaker Nancy Pelosi on Thursday afternoon, Treasury Secretary Steven Mnuchin said he would accept the Democratic coronavirus testing plan with minor edits.
(END) Dow Jones Newswires