U.S. Retail Sales Rise by Most in Five Months

March 13 (Bloomberg) -- Sales at U.S. retailers rose in February by the most in five months as an improved job market and stronger household finances cushioned the effect of higher payroll taxes. The 1.1 percent advance was more than forecast and followed a revised 0.2 percent gain in January, Commerce Department figures showed today in Washington. Betty Liu and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Fed's Yellen Speaks About U.S. Economy, Monetary Policy
13:11 - Federal Reserve Chair Janet Yellen speaks about the U.S. economy and monetary policy. Yellen said she still expects to raise interest rates this year if the economy meets her forecasts, with a gradual pace of tightening to follow. She speaks in Providence, Rhode Island. (Source: Bloomberg)
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