The agency replacing the U.K.’s Financial Services Authority will be more “dynamic and interventionist” than its predecessor when evaluating financial products geared toward consumers, said Margaret Cole, the FSA’s conduct business chief.
BusinessWeek.com — Finance
U.K. retail sales dropped more than economists forecast in May as higher fuel costs and concern about employment prospects restrained consumer spending.
BusinessWeek.com — Finance
Asian stocks swung between gains and losses after a report showed U.S. retail sales were better than forecast, boosting the outlook for exporters. QBE Insurance Group Ltd. slumped after issuing a profit forecast.
BusinessWeek.com — Finance
Asian stocks swung between gains and losses after a report showed U.S. retail sales were better than forecast, boosting the outlook for exporters. QBE Insurance Group Ltd. slumped after issuing a profit forecast.
BusinessWeek.com — Finance
U.S. stocks rallied and the Standard & Poor’s 500 Index headed for its biggest gain in two months after better-than-estimated data on American retail sales and Chinese industrial production.
BusinessWeek.com — Finance
Sales at U.S. retailers fell less than projected in May, showing consumers were weathering elevated gasoline costs.
BusinessWeek.com — Finance
Sales at retailers probably fell in May as Americans bought fewer cars and elevated gasoline costs restrained consumers, reports may show this week.
BusinessWeek.com — Finance
Sales at U.S. retailers probably climbed in April, reinforcing evidence that employment gains are allowing Americans to weather higher fuel costs, economists said before reports this week.
BusinessWeek.com — Finance
