U.K. consumers stayed away from the stores during the key Christmas trading period, despite widespread discounting and a break in the political impasse over Brexit.  The volume of goods sold in stores and online fell 0.6% in December, confounding expectations of a 0.6% increase. Sales excluding auto fuel dropped 0.8%.  The figures, which include Black Friday and Cyber Monday, will stoke speculation that Bank of England policy makers could cut interest rates this month for the first time since the aftermath of the Brexit referendum.  Weak growth and inflation figures this...

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Chinas economy stabilized last quarter after slowing to the slowest pace in almost three decades, as rising demand and easing trade tensions supported sentiment. Gross domestic product rose 6% in the final quarter of 2019 from a year earlier, the same as in the previous three-month period and the median estimate. The worlds second-largest...

U.S. retail sales strengthened in December,thanks to a late holiday-shopping rush that wrapped up a more-moderate year of spending at the nations merchants. The value of receipts at retailers rose 0.3%, matching the prior months revised gain, and climbed 5.8% from December 2018, Commerce Department figures showed Thursday. Stronger sales occurred in all major categories except...

U.K. inflation unexpectedly slowed to a three-year low in December, clearing the path to a potential Bank of England interest-rate cut this month. Consumer prices rose 1.3% from a year earlier, the least since November 2016, the Office for National Statistics said Wednesday. The core inflation rate posted a surprise fall to 1.4%. The shock readings will fuel speculation about an imminent rate...

A gauge of underlying U.S. inflation rose less than forecast in December, restrained in part by a deceleration in shelter costs and underscoring the Federal Reserves view that price pressures are muted. The core consumer price index, which excludes volatile food and energy costs, increased 0.1% in December from the prior month, the smallest advance in three months, a Labor...

The U.S. generated 145,000 new jobs in December to push employment growth above 2 million for the ninth straight year. The increase in new jobs fell short of the 165,000 MarketWatch forecast. The unemployment rate was unchanged at 3.5%, which is a 50-year low. An alternative measure of joblessness known as the U6 rate fell to 6.7% to mark the lowest level since the government began keeping...