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)

Reinhart: Biggest Challenge is Coping With Uncertainty
28:27 - Harvard Kennedy School Professor Carmen Reinhart and MIT Sloan School Professor Erik Brynjolfsson discuss global economic uncertainty, the impact of globalization and technology, and the potential for the spread of protectionism. They speak from the World Economic Forum in Davos, Switzerland on "Bloomberg Surveillance." (Source: Bloomberg)
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