Bloomberg Markets
US retail sales jumped in May as the value of retail purchases rose 0.9% after a revised 0.4% increase in April as consumer demand remained resilient. The figures are not adjusted for inflation. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
MarketWatch
Americans are spending more on gas and eating out less, a sign of stress on the economy tied to the conflict with Iran that’s forced consumers to shift more dollars to needs instead of wants.
Yahoo Finance
Yahoo Finance
Financial Times
Proposal would allow European Commission to move faster in shielding industries from Chinese import glut
Yahoo Finance
Bloomberg Markets
Investors from Fidelity say new Federal Reserve Chairman Kevin Warsh stands to stoke bond-market volatility by offering his views on inflation.