U.S. Retail Sales Beat Projections; PPI Rises

Aug. 14 (Bloomberg) -- Retail sales in the U.S. rose 0.8 percent in July, more than forecast, following a 0.7 percent decrease in June that was weaker than first reported, Commerce Department figures showed today. Separately, the producer price index rose 0.3 percent in July after an increase of 0.1 percent in the previous month, according to the Labor Department. Michael McKee and Deirdre Bolton report on Bloomberg Television's "In the Loop." (Source: Bloomberg)

The LM Perpetual is MB&F's Most Ambitious Watch Yet
43:48 - Independent watch brand MB&F's latest creation is the LM Perpetual, a complicated perpetual calendar that showcases the unique mechanism powering the watch. Bloomberg Pursuit's Stephen Pulvirent has been finding out more.
  • Why the Bank of Japan May Ease More in 2016
  • Does Islamic State Benefit From Downing of Russian Plane?
  • UBS Says Oil Among Best Bets After Commodities Rout