Retail sales rose more than forecast in December as consumers enticed by year-end discounting stepped up holiday gift buying to give the world’s biggest economy a lift at the end of 2013.
Salem Communications Corporation (NASDAQ: SALM) announced the acquisition of the assets of Eagle Publishing, including business units Eagle Financial Publications, Eagle Wellness and Regnery Publishing, as well as the politically oriented websites of HumanEvents.com, and Redstate.com.
A Canadian companies plan to to mine for gold in the lush forests of northern Greece is testing the government’s resolve to prove Europe’s most ravaged economy is open for business.
The Federal Reserve is investigating whether traders at the world’s biggest banks rigged benchmark currency rates, raising the risk that any parties found guilty of wrongdoing will be penalized for lax controls.
The Obama administration has agreed to a health-care experiment that will make Maryland a test case for whether aggressive government regulation of medical prices can curb health spending.
Investors should take note of China’s slowing growth in December exports.