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)

Credit Suisse Boosts Bonus Pool by $3.1 Billion
33:31 - Credit Suisse is taking a different path than its peers by boosting the firm's bonus pool by six percent to $3.1 billion in an effort to hold on to talent. Bloomberg Gadfly columnist Lionel Laurent reports on "Bloomberg Markets: European Close." (Laurent is a Bloomberg Gadfly columnist. The opinions expressed are his own.) (Source: Bloomberg)
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