U.S. Retail Sales Unexpectedly Decline 0.5% in June

July 16 (Bloomberg) -- Bloomberg's Mike McKee reports that retail sales in the U.S. unexpectedly declined for a third straight month in June, a sign limited employment gains are taking a toll on the biggest part of the economy. The 0.5 percent drop followed a 0.2 percent decrease in May and was worse than the most-pessimistic forecast in a Bloomberg News survey in which the median projection called for a 0.2 percent rise. He speaks on Bloomberg Television's "In The Loop."
Carter: U.S. Has to Be on Cutting Edge of Cyber Defense
41:37 - U.S. Defense Secretary Ashton Carter talks about his trip to the Silicon Valley, the relationship between technology community and the Pentagon, and the importance of cybersecurity. Speaking with Emily Chang on Bloomberg Television's "Bloomberg Markets," Carter also discusses the defense budget. (Source: Bloomberg)
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