Daily Data Flow
Digital Advertising Experiences Phenomenal Growth
Digital advertising is up 15 percent during the past year.
European Commissioner Says Germany’s Election Results Will Aid Europe’s Economic Health
Olli Rehn, the European commissioner for economic and monetary affairs and the euro, told attendees at the Thomson Reuters Newsmaker event in New York that the decisive re-election of German Chancellor Angela Merkel’s conservative bloc on Sunday will help Europe’s economic recovery.
Walmart and Kohl’s Announce Seasonal Worker Plans
Both Walmart and Kohl’s plan to hire more seasonal workers than they hired last year, according to a market forecast from Deloitte.
Stocks Drop on Government Shutdown Concerns
U.S. stocks endured their biggest decline since August as investors grew concerned about the timing of eventual Federal Reserve stimulus tapering and a potential government shutdown.
Euro Zone Morale at Two-Year High
European consumer morale rose to its highest point since Summer 2011 this month, reaching -14.9 points in September from -15.6 in August.
Gold Falls on Hints of October Tapering
Comments from St. Louis Fed President James Bullard that the U.S. Federal Reserve could announce tapering after its next meeting at the end of October led gold to fall three percent today.