WASHINGTON (Reuters) - U.S. retail sales increased slightly more than expected in October, but underlying momentum in consumer spending appeared to slow at the start of the fourth quarter. Retail sales rose 0.4% last month after an upwardly revised 0.8% advance in September, the Commerce Department's Census Bureau said on Friday. Economists polled by Reuters had forecast retail sales, which...

(Reuters) - Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank has time before it needs to adapt its policymaking thinking due to the return of President-elect Donald Trump to the White House. I think it's too early to reach judgments here and we don't really know what policies will be put in place, Powell said at...

WASHINGTON (Reuters) - U.S. industrial production fell for a second straight month in October, continuing to be depressed by hurricanes and a strike by factory workers at Boeing ( BA ), but a rebound is likely in November as the drag from these factors lifts. Industrial output dropped 0.3% last month after a downwardly revised 0.5% decline in September, the...

BOSTON (Reuters) - Federal Reserve Bank of Boston President Susan Collins said Friday the U.S. central bank needs to keep a close watch on technological developments in the financial system. We must all be attuned to the very real risks and challenges resulting from technical innovations, Collins said in the text of a speech for an event at her bank....