U.S. Productivity Rises Less Than Forecast; Labor Costs Exceed Estimates U.S.
worker productivity gained less than forecast in the second quarter and labor
costs rose, suggesting inflation remains a risk as the Federal Reserve sets
interest rates today.
U.S. Retailers' Sales May Have Risen 3.1 Percent, Biggest Gain in 4 Months
July sales at U.S. retailers may have risen 3.1 percent, the biggest advance in
four months, as consumers bought shorts and bathing suits at clearance prices
and began back-to-school shopping.
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