Jobless Claims in U.S. Surge; Retail Sales Increase
Dec. 12 (Bloomberg) -- Jobless claims in the U.S. surged by 68,000 to a two-month high of 368,000 in the period ended Dec. 7, Labor Department data showed today in Washington.
Separately, Retail sales in November climbed 0.7 percent, the Commerce Department reported. Betty Liu and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)