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Online Sales Showing Sustained Momentum throughout Q4

Jefferies said its several checks suggest that online sales rose a solid 15 percent year-over-year in the Nov. 1 to Dec. 18 holiday season period, an acceleration from the pace of growth in the first nine months of the year.

Fed Points to Risks from Europe

U.S. Federal Reserve
The Federal Reserve on Tuesday pointed to turmoil in Europe as a big risk to the U.S. economy, leaving the door open to a further easing of monetary policy even as it noted some improvement in the U.S. labor market.

Fed sees risks from Europe

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The Federal Reserve on Tuesday pointed to turmoil Europe as a big risk to the economy, leaving the door open to a further easing of monetary policy even as it noted some improvement in the labor market.
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Black Friday Online Sales Jump 26%: comScore

Online retail sales in the United States on the post-Thanksgiving shopping day known as Black Friday jumped 26 percent this year, led by Amazon.com Inc, comScore said on Sunday.
South African rands

S.Africa rand steadies, yields down as bonds edge up

South Africa's rand reversed its earlier losses against the dollar on Wednesday and government bond yields pulled back from the previous day's multi-week highs as local assets took a breather from a hammering brought on by global risk aversion.
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Futures slide as euro zone fears persist

U.S. stock index futures fell on Tuesday, extending a drop in global equities, as doubts about the ability of Europe to tackle its debt crisis sent Italy's bond yields back into a perceived danger zone.
A port worker holds a radio as he works at a container area at the Yangshan Deep Water Port, south of Shanghai

China October Exports Growth Weakest in 8 Months

China's exports in October rose at their weakest pace in eight months, underlining official concern about the sector that has dragged on economic growth this year while imports jumped much more than expected.
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General Growth Properties Earnings up in 3Q on Higher Rent Renewals

General Growth Properties, the large mall operator that exited bankruptcy protection last year, reported core funds from operation (FFO), which measures its ability to generate cash, of $224.2 million, or 23 cents per share, up slightly from FFO of $223.2 million in 2010.
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Inflation, debt crisis hurt euro zone retail sales

Retail sales in the 17 countries sharing the euro fell more than expected in September despite some resilience in powerhouse Germany, the EU's statistics office said on Monday, reinforcing concern that the bloc's economy may be heading for a recession.
Traders work on the floor of the New York Stock Exchange

Analysis: A Divergence of Sentiment and Reality?

If there's nothing to fear but fear itself, as President Franklin Roosevelt contended during the Great Depression, then the world economy in 2011 has reached an interesting juncture between sentiment and reality.
Trucks are driven into a shipping container area at Qingdao port

China Growth Slows to 2-year Low

China's economic expansion slowed in the third quarter to its weakest pace in more than two years as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.
Chinese work at Honda Motor production plant in Guangzhou

China Q3 growth to 2-year low, but no rate cuts seen

China's economic expansion slowed in the third quarter to its weakest pace in more than two years as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.

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