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)
UPS Posts 2Q Profits that Beat Estimates
55:51 - Bloomberg’s Matt Miller reports on today’s top stories on “Bloomberg Markets.” (Source: Bloomberg)
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