U.S. Retail Sales Rise 0.3%; Jobless Claims Climb

June 12 (Bloomberg) -- Retail sales in the U.S. rose less than forecast in May, increasing 0.3 percent after a revised 0.5 percent gain in April, Commerce Department figures showed today. Separately, initial jobless claims climbed by 4,000 to 317,000 in the week ended June 7, and prices of imported goods rose 0.1 percent in May, Labor Department reports showed. Scarlet Fu reports on Bloomberg Television's "In the Loop." (Source: Bloomberg)

Is Black Friday Fading to Grey?
47:57 - Huw McKay, senior international economist at Westpac, discusses the prospects for black Friday as consumer confidence declines. He speaks to Bloomberg's Angie Lau on "First Up." (Source: Bloomberg)
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