British Retail Sales Fall 0.4% as Warm Weather Hits Clothing
British retail volumes fell 0.4% in September as clothing and supermarket sales weakened, although sales still rose 0.7% across the third quarter.
Track the pace of economic expansion and contraction across the globe. This section covers GDP releases, forecasts, recession risks and sector-level performance. We explain what growth numbers mean for businesses, investors and policymakers, giving readers a clear understanding of how economic momentum or slowdown affects markets, employment and future prospects.
The Federal Reserve lowered its benchmark rate by 0.25% to 4.00%–4.25%, its first step in a projected series of cuts as job growth slows and inflation...