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Shad “Bow Wow” Moss has had it up to the rim with JD. While talking to Da Brat last night on the premiere episode of #GUHHATL, he expressed distaste for his mentor and talked of even cutting ties.
Reflecting a sharp pullback in energy prices, the Labor Department released a report on Friday showing U.S. consumer prices rose by less than expected in the month of December.
The Labor Department said its consumer price index inched up by 0.1 percent in December after climbing by 0.4 in November. Economists had expected prices to rise by 0.2 percent.
Meanwhile, the report said core consumer prices, which exclude food and energy prices, increased by 0.3 percent in December…See More
At 8:30 am ET Friday, U.S. consumer prices and retail sales for December have been released. Following these data, the greenback traded mixed against its major rivals. While the greenback rose against the yen, it dropped against the pound and the euro. Against the franc, it changed little.
The greenback was trading at 1.2144 against the euro, 111.36 against the yen, 0.9708 against the franc and 1.3640 against the pound around 8:33 am ET.
A report released by the Commerce Department on Friday showed U.S. retail sales rose in line with economist estimates in the month of December.
The Commerce Department said retail sales increased by 0.4 percent in December after climbing by an upwardly revised 0.9 percent in November.
Economists had expected retail sales to rise by 0.4 percent compared to the 0.8 percent increase originally reported for the previous month.
Excluding auto sales, retail sales still…See More
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All this “controversy” surrounding whether or not…See More
Gold futures were higher Friday morning, extending 4-month gains ahead of what is expected to be a tame U.S. inflation report.
The Labor Department's Consumer Price Index or CPI for December will be published at 8.30 am ET. Analysts see 0.1 percent growth, down from 0.4 percent in the prior month.
The Federal Reserve has been reluctant to raise interest rates because of stubbornly low inflation. Despite strong jobs growth and extremely low unemployment, interest rates…See More
At 8:30 am ET Friday, U.S. consumer prices and retail sales for December are due. Ahead of these data, the greenback traded mixed against its major rivals. While the greenback dropped against the euro, it held steady against the rest of major rivals.
The greenback was worth 1.2137 against the euro, 111.17 against the yen, 0.9711 against the franc and 1.3636 against the pound as of 8:25 am ET.
Crude oil futures slipped from 3-year highs Friday, as traders booked profits from a furious rally inspired by a weak dollar and hopes the global market will re-balance this year.
OPEC continues to signal its determination to end the global supply glut. A UAE minister said this week that the cartel is prepared to extend its supply quota plan with Russia beyond 2018 if necessary.
Meanwhile, U.S. production is showing signs of levelling after after huge shale oil output in the…See More
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