Time Inc to cut 300 positions, or 4 percent of workforce: memo
June 14, 2017Wall Street flat as banks fall after weak data; Fed eyed
June 14, 2017Weak U.S. retail sales, consumer prices put spotlight on Fed
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WASHINGTON (Reuters) – U.S. retail sales in May recorded their biggest drop in 16 months and consumer prices unexpectedly fell, suggesting a softening in domestic demand that could limit the Federal Reserve’s ability to continue raising interest rates this year.
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