Retail sales increased 0.2 percent in October, the Commerce Department said Wednesday, after a healthy 1.9 percent gain in the previous month. September’s gain was the largest in 2 ½ years and was driven by big increases in auto and gas sales in the wake of Hurricanes Harvey and Irma.
KEEPING SCORE: In Europe, Germany’s DAX fell 1 percent to 12,903 while the CAC 40 in France fell 0.6 percent to 5,285. The FTSE 100 index of leading British shares was 0.5 percent lower at 7,375. U.S. stocks were poised for a lower opening, with Dow futures and the broader S&P 500 futures down 0.5 percent.
“While we expect the fourth-quarter environment to be highly competitive, we are very confident in our holiday season plans,” said Brian Cornell, CEO of Target in a company release.
Chicago-based Boeing and Ethiopian, Africa’s largest cargo operator, made the announcement at the biennial Dubai Air Show, which continues through Thursday.
“It is far too early to write the obituary of oil, as growth for trucks, aviation, petrochemicals, shipping and aviation keep pushing demand higher,” said Birol.
World Against Toys Causing Harm, or WATCH, unveiled its top 10 list Tuesday at a Boston children’s hospital.
“We were comparing the two apples,” he said, but found that the Boeing 787 is “the best option” for Emirates “given its maintenance and so on.”
“We are not going to let the United States be taken advantage of anymore,” Trump told CEOs on the sidelines of the Asia-Pacific Economic Cooperation conference. “I am always going to put America first, the same way that I expect all of you in this room to put your countries first.”
Senate Republicans have run into a problem with their proposed tax cuts: Under Senate rules, the cuts would expire after 10 years