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

July 16 (Bloomberg) -- Retail sales in the U.S. unexpectedly declined for a third straight month in June. The 0.5 percent drop followed a 0.2 percent decrease in May, Commerce Department figures showed today. Separately, the Federal Reserve Bank of New York’s general economic index rose to 7.4 from 2.3 in June. Michael McKee and Betty Liu report on Bloomberg Television's "In the Loop." (Source: Bloomberg)

London Attacker Identified as Khalid Masood
18:16 - U.K. Prime Minister Theresa May announced that the terrorist behind Wednesday's attack in London was previously investigated by British security services. The U.K.-born attacker was identified by police as 52-year-old Khalid Masood. Bloomberg's Robert Hutton reports on "Bloomberg Markets: European Close." (Source: Bloomberg)
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